Data as of February 2026. Source: Realtor.com.
The CARLSBAD, NM real estate market (88220) currently shows 172 active listings, with 68 pending sales. Homes are averaging 51 days on the market before going under contract.
Inventory has increased compared to last year, with 46 more homes available — giving buyers more choice.
Homes are selling faster, averaging 51 days on market compared to 96 days last year.
The median listing price has fallen 5.2% year-over-year, from $324,500 to $307,500.
Whether you are buying or selling in CARLSBAD, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 39,809 · Density: 8.1/mi² · Median household income: $79,809
Typical home value: $193,310 · Homeownership: 74.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88220 | Carlsbad, NM 88220 | 0.0 mi | 152 | $55,770,928 | $315,000 | $366,914 |
| 88250 | Hope, NM 88250 | 40.9 mi | 1 | $300,000 | $300,000 | $300,000 |
| 79847 | Salt Flat, TX 79847 | 49.5 mi | 1 | $199,900 | $199,900 | $199,900 |
| 88252 | Jal, NM 88252 | 60.7 mi | 3 | $344,250 | $114,750 | $114,750 |
| 88240 | Hobbs, NM 88240 | 62.3 mi | 87 | $30,127,230 | $315,000 | $346,290 |
| 88265 | Monument, NM 88265 | 65.1 mi | 1 | $350,000 | $350,000 | $350,000 |
| 88339 | Mayhill, NM 88339 | 68.7 mi | 17 | $7,954,589 | $449,500 | $467,917 |
| 88343 | Picacho, NM 88343 | 73.9 mi | 1 | $479,000 | $479,000 | $479,000 |
| 79772 | Pecos, TX 79772 | 80.0 mi | 44 | $12,345,740 | $277,000 | $280,585 |
| 88336 | Hondo, NM 88336 | 85.6 mi | 2 | $1,689,000 | $844,500 | $844,500 |
| 88348 | San Patricio, NM 88348 | 94.9 mi | 2 | $860,000 | $430,000 | $430,000 |
| 88346 | Ruidoso Downs, NM 88346 | 96.5 mi | 12 | $3,337,800 | $228,500 | $278,150 |
As of February 2026, there are 172 active listings in CARLSBAD, NM (zip code 88220), compared to 126 the prior year.
The median listing price in CARLSBAD, NM 88220 is $307,500 as of February 2026, a 5.2% decrease from $324,500 the prior year.
Homes in CARLSBAD, NM 88220 spend an average of 51 days on the market before going under contract, compared to 96 days the prior year.
Based on current inventory and days-on-market data as of February 2026, CARLSBAD, NM 88220 is currently a Balanced Market. Inventory has increased compared to last year, with 46 more homes available — giving buyers more choice. Homes are selling faster, averaging 51 days on market compared to 96 days last year.
With SELL123.com's maximum 3% commission, sellers in CARLSBAD, NM 88220 save an estimated $6,150 compared to a typical 5% commission on the median listing price of $307,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.