Carlsbad, NM is a great place to buy a house. According to recent data, the median value of houses in Carlsbad is $183,800, which is significantly lower than the US median value of $338,100. However, while the US housing appreciation rate over the last year was 8.27%, Carlsbad experienced a more modest appreciation rate of 4.31%. Despite this difference in appreciation rates, Carlsbad remains an excellent choice for buyers looking for an affordable and comfortable home.
The median home cost in Carlsbad is $183,800. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Carlsbad is up 6.2%.
Average Age of Homes
- The median age of Carlsbad real estate is 52 years old
The Rental Market in Carlsbad
- Renters make up 27.5% of the Carlsbad population
- 1.7% of houses and apartments in Carlsbad, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.