The median home in Carlsbad, New Mexico is valued at $233,526, down 1.3% year over year. Typical monthly rent is $1,698, producing a price-to-rent ratio of 11.5x — below the national average of 18x. Carlsbad is part of the Carlsbad-Artesia, NM metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$233,526

-1.3%

Rent$1,698/mo

Prices falling — better for buyers.

Affordability

Enter your income for Carlsbad.

Income (annual)

Down Payment

$46,705 on $233,526

Example: $75,000 household income. Change it above to see your own.

Affordable23.5% of income

Under the 28% guideline.

PITI$1,470

P/I23.5%

Afford$278K

Room+$44K

P&I $1,181Tax $156Ins $133

Buying $228/mo cheaper ($1,698 rent)6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Mexico

Compare Carlsbad with other housing markets across New Mexico.

Lamy$810K Los Ranchos de Albuquerque$685K Corrales$684K Placitas$635K Arroyo Seco$620K Alto$569K Santa Fe$569K Los Alamos$568K

Full Carlsbad-Artesia, NM analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Carlsbad-Artesia, NM metro.

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Carlsbad, NM