MarketsCarlsbad, NM

Are home prices going up or down in Carlsbad, NM?

In Carlsbad, NM, the typical home sold for $334,275 during May 2026. That is 5% higher than the same stretch a year ago, so prices are up.

$334,275
Typical sale price
▲ 5% vs last year
$285,000
Three years ago
$183
Per square foot
$317,750
Typical asking price

Over the last 36 months the typical sale price in Carlsbad, NM went from $285,000 to $334,275 — up 17%.

The high point was $377,507, reached in November 2025. Today's typical sale is 11% below that.

Measured by size, homes in Carlsbad, NM are selling for about $183 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.

Source: Redfin's published market data for the Carlsbad, NM area, through May 2026.

2023-06 2026-05
Typical sale price, month by month.

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Figures come from Redfin's published market data for the Carlsbad, NM area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.