Carlsbad-Artesia Metro Area, NM Housing

The housing market in the Carlsbad-Artesia, NM Metro Area is very strong. The median value of homes in this area is $233,700, which is much lower than the US median house value of $338,100. Additionally, over the past year appreciation for houses in this area has been higher than the national average with an appreciation rate of 16.79%, compared to 8.27% nationally. This shows that house values have grown quickly in this area and with such a low median price point it could be an attractive option for first time homebuyers or those looking to invest in real estate.

The median home cost in Carlsbad-Artesia Metro Area is $233,700. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Carlsbad-Artesia Metro Area is up 6.2%.

Average Age of Homes

- The median age of Carlsbad-Artesia Metro Area real estate is 47 years old

The Rental Market in Carlsbad-Artesia Metro Area

- Renters make up 23.3% of the Carlsbad-Artesia Metro Area population
- 2.4% of houses and apartments in Carlsbad-Artesia Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Carlsbad-Artesia, New Mexico	United States
	25,882.0	139,647,020.0
	45	42
	$233,700	$338,100
	6.2%	16.6%
	33.1%	57.0%
	51.7%	101.1%
	$4.50	$10.98
	$751	$2,690
	60.9%	57.4%
	13.8%	11.2%
	25.3%	31.4%
Vacant Housing
	2.4%	1.9%
	1.5%	0.4%
	0.8%	0.7%
	1.4%	0.4%
	1.5%	3.6%
	6.2%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	3.5%	2.4%
	2.0%	2.8%
	5.7%	3.9%
	10.2%	4.5%
	17.0%	11.3%
	23.2%	13.0%
	17.5%	20.1%
	10.2%	13.6%
	4.0%	8.3%
	1.4%	9.7%
	1.1%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	7.8%	13.6%
	7.8%	13.6%
	10.5%	13.6%
	14.2%	13.2%
	13.1%	14.8%
	10.5%	13.6%
	18.8%	10.0%
	6.4%	4.7%
	3.7%	12.2%

Reviews for Carlsbad-Artesia

See all (0)

Write a Review

Start Your Review of Carlsbad-Artesia

Commute