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CARLSBAD, NM 88220

Real Estate Market Report  ·  Eddy County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
152
⇧ 16.9% vs 130 last year
Pending
49
32% pending ratio
Median Price
$315,000
⇩ 1.9% vs $321,000 last year
Average Price
$366,914
⇧ 21.1% vs $302,962 last year
Days on Market
71
⇩ 23.7% vs 93 days last year

Market Context

Population: 39,809  ·  Density: 8.1/mi²  ·  Median household income: $79,809

Typical home value: $193,310  ·  Homeownership: 74.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The CARLSBAD, NM real estate market (88220) currently shows 152 active listings, with 49 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are selling faster, averaging 71 days on market compared to 93 days last year.

The median listing price has fallen 1.9% year-over-year, from $321,000 to $315,000.

Whether you are buying or selling in CARLSBAD, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 152 this year vs 130 last year
  • Days on market: 71 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $315,000 (-1.9% YoY)
  • Average: $366,914 (+21.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 96.5 miles — 323 listings ($113,758,437 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88220Carlsbad, NM 882200.0 mi152$55,770,928$315,000$366,914
88250Hope, NM 8825040.9 mi1$300,000$300,000$300,000
79847Salt Flat, TX 7984749.5 mi1$199,900$199,900$199,900
88252Jal, NM 8825260.7 mi3$344,250$114,750$114,750
88240Hobbs, NM 8824062.3 mi87$30,127,230$315,000$346,290
88265Monument, NM 8826565.1 mi1$350,000$350,000$350,000
88339Mayhill, NM 8833968.7 mi17$7,954,589$449,500$467,917
88343Picacho, NM 8834373.9 mi1$479,000$479,000$479,000
79772Pecos, TX 7977280.0 mi44$12,345,740$277,000$280,585
88336Hondo, NM 8833685.6 mi2$1,689,000$844,500$844,500
88348San Patricio, NM 8834894.9 mi2$860,000$430,000$430,000
88346Ruidoso Downs, NM 8834696.5 mi12$3,337,800$228,500$278,150

Frequently Asked Questions

How many homes are for sale in CARLSBAD, NM 88220?

As of January 2026, there are 152 active listings in CARLSBAD, NM (zip code 88220), compared to 130 the prior year.

What is the median home price in CARLSBAD, NM 88220?

The median listing price in CARLSBAD, NM 88220 is $315,000 as of January 2026, a 1.9% decrease from $321,000 the prior year.

How long do homes stay on the market in CARLSBAD, NM?

Homes in CARLSBAD, NM 88220 spend an average of 71 days on the market before going under contract, compared to 93 days the prior year.

Is it a seller's or buyer's market in CARLSBAD, NM 88220?

Based on current inventory and days-on-market data as of January 2026, CARLSBAD, NM 88220 is currently a Balanced Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are selling faster, averaging 71 days on market compared to 93 days last year.

How much can I save on real estate commission in CARLSBAD, NM?

With SELL123.com's maximum 3% commission, sellers in CARLSBAD, NM 88220 save an estimated $6,300 compared to a typical 5% commission on the median listing price of $315,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.