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Carlsbad, NM Home Values and Rents
The typical home value in Carlsbad is $252,936, 74th highest of 150 cities and towns in New Mexico. Median rent is $1,596 a month.
- Typical home value
- $252,936
- 74th of 150 in NM
- Median rent
- $1,596/mo
- Zillow observed rent
- Price change, 1 year
- +2.8%
- Sep 2026
- Homeownership
- 70.2%
- NM: 70.0%
Typical home value in Carlsbad
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Carlsbad |
|---|---|
| Sep 2026 | $252,936 |
| Dec 2025 | $247,524 |
| Dec 2024 | $250,979 |
| Dec 2023 | $240,759 |
| Dec 2022 | $248,661 |
| Dec 2021 | $264,225 |
| Dec 2020 | $262,087 |
| Dec 2019 | $234,300 |
| Dec 2018 | $210,904 |
| Dec 2017 | $200,658 |
| Dec 2016 | $222,802 |
Over five years, Carlsbad prices changed -5.2%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Eddy County, NM
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $1,053 | +1.7% |
| 1 bedroom | $1,150 | +6.1% |
| 2 bedrooms | $1,252 | +5.4% |
| 3 bedrooms | $1,734 | +7.1% |
| 4 bedrooms | $1,855 | +14.2% |
Frequently asked questions
- What is the typical home value in Carlsbad, NM?
- The typical home value in Carlsbad is $252,936 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
- How much is rent in Carlsbad?
- The median rent in Carlsbad is $1,596 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,252.
- Are home prices going up in Carlsbad?
- The typical home value in Carlsbad changed +2.8% over one year and -5.2% over five years, as of Sep 2026.
- How does Carlsbad compare with the rest of New Mexico?
- Carlsbad has the 74th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.