87740 Home Values & Market Trends
There are 90 homes currently listed for 87740. 87740 real estate market trends show that home prices range from $84,500 to $250,000, and the median sales price in the 87740 zip code is $159,352. The total number of properties sold within the past twelve months is 97. In 87740, 10 properties are in foreclosure, 3 are bank owned properties,and 0 are headed for auction.
87740 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Raton | $ 159,352 $ 91/sqft |
Housing Market Summary for 87740
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $157K | $124.5K | -20.73% |
| Median Sold Price | $169.6K | $149.2K | -12.00% |
| Homes For Sale | 89 | 90 | 1.12% |
| Homes Sold | 52 | 70 | 34.62% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 87740
Browse Homes in 87740
The median list price of a home in Raton, is $159,352. A total of 90 properties are for sale, and the percentage of properties for sale in the zip code is 90.00%. The total count of 87740 properties is 180.
- Pre-ForeclosurePre-foreclosure homes account for 3.89% of all residential properties in 87740 with raton containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87740; of that cities, the estimated home value for pre-foreclosure homes ranges from $207,405 in raton to the lowest home value of $71,486 in raton.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 87740 ranges from the highest value of $197,290 in raton to the lowest value of $137,299 in raton. Bank owned homes and properties account for 1.67% of properties in 87740. There is 1 cities within 87740; raton containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 87740. Auction homes and other auction properties account for 0% of all properties in 87740. There is 1 cities within 87740; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for 87740
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.