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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (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 a population of 115,382, 43,531 total housing units (homes and apartments), and a median house value of $938,932, 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 53.43% of the city's housing units. Other types of housing that are prevalent in Carlsbad include large apartment complexes or high rise apartments ( 24.10%), row houses and other attached homes ( 14.18%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.74%).

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 64.36% owning and 35.64% 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 ( 27.78%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.58%).

Carlsbad Home Appreciation Rates

In the last 10 years, Carlsbad has experienced some of the highest home appreciation rates of any community in the nation. Carlsbad real estate appreciated 63.30% over the last ten years, which is an average annual home appreciation rate of 5.03%, putting Carlsbad in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Carlsbad definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Carlsbad's appreciation rate, at 5.47%, has been at or slightly above the national average. In the latest quarter, Carlsbad's appreciation rate has been 1.79%, which annualizes to a rate of 7.35%.

Relative to California, our data show that Carlsbad's latest annual appreciation rate is higher than 70% 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:
$938,932

Carlsbad, CA HOME PRICES

> $1,159,000
25.4%
25.4%
$869,001 - $1,159,000
30.8%
30.8%
$580,001 - $869,000
29.0%
29.0%
$464,001 - $580,000
7.0%
7.0%
$348,001 - $464,000
4.3%
4.3%
$232,001 - $348,000
1.3%
1.3%
$116,001 - $232,000
0.8%
0.8%
$58,001 - $116,000
0.5%
0.5%
$0 - $58,000
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:
43,531

Carlsbad Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
151.98% 4.50%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,179 / per month

Homeownership Rate

Owners
64.4%
64.4%
Renters
35.6%
35.6%
Vacant
9.1%
9.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
27.8%
27.8%
1970 - 1999
60.7%
60.7%
1940 - 1969
10.6%
10.6%
1939 or Older
1.0%
1.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
53.4%
53.4%
Townhomes
14.2%
14.2%
Small Apt. Buildings
5.7%
5.7%
Apt. Complexes
24.1%
24.1%
Mobile Homes
2.5%
2.5%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.8%
1.8%
1 Bedroom
7.6%
7.6%
2 Bedrooms
27.7%
27.7%
3 Bedrooms
29.6%
29.6%
4 Bedrooms
24.6%
24.6%
5 or more bedrooms
8.6%
8.6%
0.0% 100.0%
% OF HOMES