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Carlsbad, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Carlsbad, CA Housing Market Trends

With 114,746 people, 43,107 houses or apartments, and a median cost of homes of $1,121,947, Carlsbad house prices are not only among the most expensive in California, Carlsbad real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Carlsbad, accounting for 52.80% of the city's housing units. Other types of housing that are prevalent in Carlsbad include large apartment complexes or high rise apartments ( 23.03%), row houses and other attached homes ( 15.68%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.29%).

The most prevalent building size and type in Carlsbad are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.26% owning and 37.74% renting.

There is a lot of housing in Carlsbad built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Carlsbad built between 2000 and later ( 27.29%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.99%).

Carlsbad Home Appreciation Rates

Appreciation rates for homes in Carlsbad have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.76%, which ranks in the top 30% nationwide. This equates to an annual average Carlsbad house appreciation rate of 7.22%.

NeighborhoodScout's data show that during the latest twelve months, Carlsbad's appreciation rate, at 14.25%, has been at or slightly above the national average. In the latest quarter, Carlsbad's appreciation rate has been 3.90%, which annualizes to a rate of 16.53%.

Relative to California, our data show that Carlsbad's latest annual appreciation rate is lower than 60% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Carlsbad differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Carlsbad - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Carlsbad real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$1,121,947

Carlsbad, CA HOME PRICES

> $1,304,000
$978,001 - $1,304,000
$652,001 - $978,000
$522,001 - $652,000
$391,001 - $522,000
$261,001 - $391,000
$131,001 - $261,000
$65,001 - $131,000
$0 - $65,000
30.0%
30.0%
31.2%
31.2%
25.1%
25.1%
7.4%
7.4%
2.8%
2.8%
1.6%
1.6%
0.7%
0.7%
0.5%
0.5%
0.8%
0.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for CA

Value Relative To Nation

Number Of Homes And Apartments:
43,107

Carlsbad Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
197.42% 4.96%
7
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,739 / per month

Homeownership Rate

Owners
Renters
Vacant
62.3%
62.3%
37.7%
37.7%
8.1%
8.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
27.3%
27.3%
60.8%
60.8%
11.0%
11.0%
1.0%
1.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
52.8%
52.8%
15.7%
15.7%
6.3%
6.3%
23.0%
23.0%
2.1%
2.1%
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.8%
1.8%
7.8%
7.8%
28.2%
28.2%
29.5%
29.5%
23.7%
23.7%
8.9%
8.9%
0.0% 100.0%
% OF HOMES