House Prices

Hillcrest Carlsbad, NM House Prices & Home Values 2026


Average Data

average house price$243,305
average size per house2020 ft²
average price per ft²126 $ / ft²

04/17/2026 - The value range (VR) for house prices in Hillcrest Carlsbad, NM is $119.7/ sqft to $132.3/ sqft. An average home with 2020 sqft costs approximately $251,224 to $277,669. Carlsbad, NM includes 1 ZIP codes and it is located in Eddy county. The lowest prices are found in ZIP 88220, while the highest are in ZIP 88220. The average price per sqare feet is $126. Our analysis is based on 151 property listings.

Avergage prices by ZIP codes Hillcrest Carlsbad

88220123 $ / ft²




Historical development of home values in Hillcrest Carlsbad

Year Estimated value (USD) Change vs. 2025
2010 $112,995 -53.6%
2011 $108,626 -55.4%
2012 $108,333 -55.5%
2013 $112,382 -53.8%
2014 $117,971 -51.5%
2015 $124,025 -49.0%
2016 $130,498 -46.4%
2017 $137,541 -43.5%
2018 $145,145 -40.3%
2019 $151,875 -37.6%
2020 $159,727 -34.4%
2021 $181,672 -25.3%
2022 $211,789 -13.0%
2023 $223,341 -8.2%
2024 $236,262 -2.9%
2025 $243,305 0.0%

Graph: estimated home values in Hillcrest Carlsbad over time (USD)



Example: 100% financing house in Hillcrest Carlsbad

Loan amount: $243,305

Interest rate: 6.23%

Fixed monthly payment: $1,495.54

Breakdown in the 1st month:
Interest portion: $1,263.97  –  Principal portion: $231.57

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,086.84 $2,859.63 $240,445.37
2 $14,903.39 $3,043.09 $237,402.28
3 $14,708.17 $3,238.31 $234,163.97
4 $14,500.43 $3,446.05 $230,717.92
5 $14,279.35 $3,667.12 $227,050.80
6 $14,044.10 $3,902.38 $223,148.42
7 $13,793.75 $4,152.73 $218,995.69
8 $13,527.34 $4,419.13 $214,576.55
9 $13,243.84 $4,702.63 $209,873.92
10 $12,942.16 $5,004.32 $204,869.60
11 $12,621.12 $5,325.36 $199,544.25
12 $12,279.49 $5,666.99 $193,877.26
13 $11,915.93 $6,030.54 $187,846.71
14 $11,529.06 $6,417.42 $181,429.30
15 $11,117.37 $6,829.11 $174,600.19
16 $10,679.26 $7,267.21 $167,332.97
17 $10,213.05 $7,733.42 $159,599.55
18 $9,716.94 $8,229.54 $151,370.01
19 $9,188.99 $8,757.49 $142,612.53
20 $8,627.18 $9,319.30 $133,293.23
21 $8,029.32 $9,917.15 $123,376.07
22 $7,393.11 $10,553.36 $112,822.71
23 $6,716.09 $11,230.39 $101,592.32
24 $5,995.63 $11,950.84 $89,641.47
25 $5,228.96 $12,717.52 $76,923.95
26 $4,413.10 $13,533.38 $63,390.57
27 $3,544.90 $14,401.58 $48,989.00
28 $2,621.00 $15,325.47 $33,663.52
29 $1,637.84 $16,308.64 $17,354.88
30 $591.60 $17,354.88 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Hillcrest Carlsbad, NM


1500 sqft3900 sqft
Ø selling price$237,609$505,459
Ø fast selling$216,009$454,914
Ø high price sale$259,210$556,005

In 2026, houses in Hillcrest Carlsbad, NM will be offered at an average price of $126 per square foot. A 1,500 sqft home priced at $237,609 is 23.90% more expensive per square foot than a 3,900 sqft home priced at $505,459. Home prices in Hillcrest Carlsbad, NM vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $349,934. Sellers who can wait longer may achieve a higher price of up to $427,697.


Living in Hillcrest, Carlsbad, NM

Overview

The Hillcrest neighborhood in Carlsbad, NM blends small-town charm with convenient access to the city?s best attractions.
Known for quiet streets and mature landscaping, Hillcrest appeals to buyers seeking a comfortable, established community.

Housing & Real Estate

Housing in Hillcrest Carlsbad NM real estate ranges from classic single-family homes to updated properties on larger lots.
Shoppers browsing homes for sale in Hillcrest, Carlsbad, NM appreciate the neighborhood?s value, curb appeal, and long-term desirability.

Lifestyle & Amenities

Residents enjoy proximity to local parks, the Pecos River recreation areas, and the dining and shops of downtown Carlsbad.
Weekend adventures are easy, with a short drive to Carlsbad Caverns National Park and other regional outdoor destinations.

Schools & Community

Families find Hillcrest convenient to Carlsbad?s schools, youth programs, and community facilities.
Neighborhood pride shows in well-kept yards and a friendly atmosphere that supports walking, biking, and evening strolls.

Location & Access

Commuters benefit from a convenient Carlsbad location and straightforward access to major routes like US 285 and US 62/180.
If you?re considering moving to Carlsbad, explore Hillcrest neighborhood homes, amenities, and real estate listings to see whether this community fits your lifestyle.



FAQ – Home Values in Hillcrest Carlsbad

What is the median home value in Hillcrest Carlsbad in 2026?

In 2026, the typical home value in Hillcrest Carlsbad is about $243,305 for an average home size of 2020 square feet. This corresponds to an average price of roughly $126 per square foot.

What is the average cost per square foot in Hillcrest Carlsbad?

In 2026, homes in Hillcrest Carlsbad sell for an average of around $126 per square foot, with a typical range between $119.7 and $132.3 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Hillcrest?

The average home size in Hillcrest Carlsbad is about 2020 square feet, with an estimated 2026 value around $243,305.



Neighborhoods close to Hillcrest Carlsbad, NM

Zia Crossing Hobbs, NM121 $ / ft²
Canyon Hills Alamogordo, NM129 $ / ft²
Upper Canyon Ruidoso, NM184 $ / ft²
El Potrero Chimayo, NM327 $ / ft²
Downtown Gallup Gallup, NM133 $ / ft²
Enchanted Hills Rio Rancho, NM161 $ / ft²
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