Carlsbad, CA—92011
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 $1,352,000, with a year-over-year change of -1.0%. This indicates that home prices in Carlsbad, CA are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,352,000 | -1.0% |
| Single Family | $1,422,000 | -1.1% |
| Condos | $1,104,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $958,000 | -2.3% |
3 Bed | $1,374,000 | -0.8% |
4 Bed | $1,902,000 | -0.2% |
| 5 Bed | $2,150,000 | -0.3% |
% of Housing Stock
Rental Trends — Carlsbad, CA
As of July '25, Rentcast reports the average rent in Carlsbad, CA is $4,640, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Carlsbad, CA is studios: $1,500, 1-bedrooms: $2,900, 2-bedrooms: $4,100, 3-bedrooms: $4,970, 4-bedrooms: $7,380. The most common rental property sizes in Carlsbad, CA are 2-bedroom and 3-bedroom, accounting for 41.9% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,900 | $4,640 |
| Studio Rent | $1,500 | $1,500 |
| 1 Bed Rent | $2,920 | $2,900 |
| 2 Bed Rent | $3,720 | $4,100 |
| 3 Bed Rent | $4,600 | $4,970 |
| 4 Bed Rent | $7,200 | $7,380 |
% 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 46. This is a increase of 22.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,670,000 | 7.0% |
Listing Count | 40 | -13.0% |
| Listings as % of Homes | 0.2% | -13.0% |
Days on Market | 46 | 22.0% |
Demographics — Carlsbad, CA
As of the latest ACS Survey released in 2023, Carlsbad, CA has a population of 23,700, which has decreased by -2.7% over the past 5 years. Carlsbad, CA is a moderately popular place for families, as children make up 22.8% of the population. The area has a highly educated workforce, with 67.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 34.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,700 | -2.7% |
% Under 18 | 22.8% | -2.6% |
% Seniors | 20.5% | 12.6% |
% WFH | 34.5% | 131.5% |
% w/ College Degree | 67.4% | 5.1% |
As of the latest ACS Survey released in 2023, Carlsbad, CA is a predominantly white area, with 64.3% of the population identifying as white. The white population has shrunk by 10.1% in the last 5 years. The second most common race or ethnicity in Carlsbad, CA is hispanic, making up 16.6% of the population. Foreign-born residents account for 16.4% of the population in Carlsbad, CA, and this percentage has decreased by 4.7% 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 | 64.3% | -10.1% |
% Black | 0.9% | 80.0% |
% Hispanic | 16.6% | 10.7% |
% Asian | 11.6% | 27.5% |
% Foreign Born | 16.4% | -4.7% |
Mortgage and Risk — Carlsbad, CA
According to HUD data as of 2023, there were 299 mortgage originations in Carlsbad, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 39.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Carlsbad, CA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 299 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Carlsbad, CA
As of 2024, the percent of homes in Carlsbad, CA under the Section 8 program is 3.9%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Carlsbad, CA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 128 |
Total Units Section 8 | 128 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 65.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $2,920 | $3,230 |
| 2 Bedroom | $280 | $3,720 | $4,000 |
| 3 Bedroom | $750 | $4,600 | $5,350 |
| 4 Bedroom | -$690 | $7,200 | $6,510 |
Affordability — Carlsbad, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.7 |
| Median Home Price | $1,352,000 |
| Median Household Income | $155,000 |