Carlsbad, CA—92009
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carlsbad, CA
As of Oct '25, the median home price in Carlsbad, CA is $1,531,000, with a year-over-year change of 0.5%. This indicates that home prices in Carlsbad, CA are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,531,000 | 0.5% |
| Single Family | $1,721,000 | 0.5% |
| Condos | $751,000 | -1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $564,000 | -2.9% |
2 Bed | $751,000 | -1.6% |
3 Bed | $1,285,000 | 0.9% |
4 Bed | $1,805,000 | 0.4% |
| 5 Bed | $2,295,000 | 0.7% |
% of Housing Stock
Rental Trends — Carlsbad, CA
As of July '25, Rentcast reports the average rent in Carlsbad, CA is $4,780, with a year-over-year rent change of 3.2%. Per bedroom, the median rent as of July '25 in Carlsbad, CA is studios: $2,200, 1-bedrooms: $2,970, 2-bedrooms: $3,740, 3-bedrooms: $4,960, 4-bedrooms: $5,920. The most common rental property sizes in Carlsbad, CA are 2-bedroom and 3-bedroom, accounting for 45.7% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,500 | $4,780 |
| Studio Rent | $2,100 | $2,200 |
| 1 Bed Rent | $2,950 | $2,970 |
| 2 Bed Rent | $3,500 | $3,740 |
| 3 Bed Rent | $4,500 | $4,960 |
| 4 Bed Rent | $5,500 | $5,920 |
% of Rental Stock
Property Listings — Carlsbad, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Carlsbad, CA is 53. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,090,000 | -19.0% |
Listing Count | 122 | 22.0% |
| Listings as % of Homes | 0.4% | 22.0% |
Days on Market | 53 | 17.0% |
Demographics — Carlsbad, CA
As of the latest ACS Survey released in 2023, Carlsbad, CA has a population of 45,800, which has remained stable by -0.1% over the past 5 years. Carlsbad, CA is a popular place for families, as children make up 26.1% of the population. The area has a highly educated workforce, with 64.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,800 | -0.1% |
% Under 18 | 26.1% | 1.6% |
% Seniors | 17.5% | 9.4% |
% WFH | 31.1% | 106.0% |
% w/ College Degree | 64.4% | 2.7% |
As of the latest ACS Survey released in 2023, Carlsbad, CA is a predominantly white area, with 68.6% of the population identifying as white. The white population has shrunk by 9.7% in the last 5 years. The second most common race or ethnicity in Carlsbad, CA is hispanic, making up 16.0% of the population. Foreign-born residents account for 13.7% of the population in Carlsbad, CA, and this percentage has decreased by 8.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.6% | -9.7% |
% Black | 1.3% | 116.7% |
% Hispanic | 16.0% | 46.8% |
% Asian | 8.8% | 8.6% |
% Foreign Born | 13.7% | -8.7% |
Mortgage and Risk — Carlsbad, CA
According to HUD data as of 2023, there were 160 mortgage originations in Carlsbad, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Carlsbad, CA. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 160 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 2.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Carlsbad, CA
As of 2024, the percent of homes in Carlsbad, CA under the Section 8 program is 2.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Carlsbad, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 121 |
Total Units Section 8 | 115 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | 65.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $2,950 | $3,060 |
| 2 Bedroom | $280 | $3,500 | $3,780 |
| 3 Bedroom | $550 | $4,500 | $5,050 |
| 4 Bedroom | $650 | $5,500 | $6,150 |
Affordability — Carlsbad, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.1 |
| Median Home Price | $1,531,000 |
| Median Household Income | $162,000 |