House Prices

Lake Carlsbad Carlsbad, NM House Prices & Home Values 2026


Average Data

average house price$249,627
average size per house2072 ft²
average price per ft²129 $ / ft²

04/17/2026 - The value range (VR) for house prices in Lake Carlsbad Carlsbad, NM is $122.55/ sqft to $135.45/ sqft. An average home with 2072 sqft costs approximately $270,683 to $299,176. 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 $129. Our analysis is based on 151 property listings.

Avergage prices by ZIP codes Lake Carlsbad Carlsbad

88220120 $ / ft²




Historical development of home values in Lake Carlsbad Carlsbad

Year Estimated value (USD) Change vs. 2025
2010 $115,931 -53.6%
2011 $111,448 -55.4%
2012 $111,148 -55.5%
2013 $115,303 -53.8%
2014 $121,036 -51.5%
2015 $127,248 -49.0%
2016 $133,889 -46.4%
2017 $141,115 -43.5%
2018 $148,917 -40.3%
2019 $155,822 -37.6%
2020 $163,877 -34.4%
2021 $186,392 -25.3%
2022 $217,292 -13.0%
2023 $229,144 -8.2%
2024 $242,400 -2.9%
2025 $249,627 0.0%

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



Example: 100% financing house in Lake Carlsbad Carlsbad

Loan amount: $249,627

Interest rate: 6.40%

Fixed monthly payment: $1,560.78

Breakdown in the 1st month:
Interest portion: $1,330.51  –  Principal portion: $230.27

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,883.68 $2,845.65 $246,781.35
2 $15,696.24 $3,033.09 $243,748.26
3 $15,496.46 $3,232.88 $240,515.38
4 $15,283.51 $3,445.82 $237,069.56
5 $15,056.54 $3,672.79 $233,396.77
6 $14,814.62 $3,914.72 $229,482.05
7 $14,556.76 $4,172.57 $225,309.48
8 $14,281.92 $4,447.42 $220,862.06
9 $13,988.97 $4,740.36 $216,121.70
10 $13,676.73 $5,052.60 $211,069.10
11 $13,343.92 $5,385.41 $205,683.69
12 $12,989.19 $5,740.14 $199,943.55
13 $12,611.10 $6,118.24 $193,825.31
14 $12,208.10 $6,521.24 $187,304.08
15 $11,778.55 $6,950.78 $180,353.29
16 $11,320.71 $7,408.62 $172,944.67
17 $10,832.72 $7,896.62 $165,048.06
18 $10,312.58 $8,416.76 $156,631.30
19 $9,758.18 $8,971.16 $147,660.14
20 $9,167.26 $9,562.08 $138,098.07
21 $8,537.42 $10,191.92 $127,906.15
22 $7,866.09 $10,863.25 $117,042.90
23 $7,150.54 $11,578.79 $105,464.11
24 $6,387.86 $12,341.47 $93,122.63
25 $5,574.94 $13,154.39 $79,968.24
26 $4,708.48 $14,020.85 $65,947.39
27 $3,784.95 $14,944.39 $51,003.00
28 $2,800.58 $15,928.76 $35,074.24
29 $1,751.37 $16,977.96 $18,096.28
30 $633.06 $18,096.28 $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 Lake Carlsbad Carlsbad, NM


1500 sqft3900 sqft
Ø selling price$249,588$530,942
Ø fast selling$226,899$477,848
Ø high price sale$272,278$584,036

In 2026, houses in Lake Carlsbad Carlsbad, NM will be offered at an average price of $129 per square foot. A 1,500 sqft home priced at $249,588 is 24.52% more expensive per square foot than a 3,900 sqft home priced at $530,942. Home prices in Lake Carlsbad 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 $367,575. Sellers who can wait longer may achieve a higher price of up to $449,259.


Lake Carlsbad Neighborhood, Carlsbad, NM

Scenic Riverfront Living

Lake Carlsbad in Carlsbad, NM offers a picturesque neighborhood anchored by the Pecos River and the Lake Carlsbad Recreation Area.
Residents enjoy tree-lined streets, water views, and quick access to green spaces that make everyday life feel like a retreat. This riverfront setting enhances property appeal and delivers a relaxed, small-town vibe with Southwest charm.

Outdoor Recreation and Parks

The area features miles of walking and biking trails, playgrounds, picnic spots, and waterfront lawns ideal for sunrise strolls or evening gatherings. Families appreciate easy access to fishing, paddle craft on calm waters, and seasonal leisure at the Carlsbad Water Park along the river. Nearby golf, ball fields, and open spaces create a year-round hub for health, fitness, and community connection.

Location and Lifestyle

The neighborhood sits minutes from downtown Carlsbad, local dining on Canal Street, and essential services, simplifying daily errands. Commuters and adventurers value the convenient drive to major employers and to Carlsbad Caverns National Park for weekend exploration.

Real Estate and Community

Housing around Lake Carlsbad ranges from established single-family homes to updated river-adjacent properties, with real estate and homes for sale that suit a variety of budgets. Strong community spirit, service by Carlsbad Municipal Schools, and scenic amenities make Lake Carlsbad a sought-after place to live in southeast New Mexico.



FAQ – Home Values in Lake Carlsbad Carlsbad

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

In 2026, the typical home value in Lake Carlsbad Carlsbad is about $249,627 for an average home size of 2072 square feet. This corresponds to an average price of roughly $129 per square foot.

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

In 2026, homes in Lake Carlsbad Carlsbad sell for an average of around $129 per square foot, with a typical range between $122.55 and $135.45 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Lake Carlsbad?

The average home size in Lake Carlsbad Carlsbad is about 2072 square feet, with an estimated 2026 value around $249,627.



Neighborhoods close to Lake Carlsbad 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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