Raton, NM Home Values & Market Trends
Real estate market trends reflect that there have been 97 transactions over the past year in Raton. The median value for residential home transactions that occurred over the previous year is $159,352. The number of current listings in Raton is 90, and the percentage of properties for sale in the city is 90.00%. Raton, NM currently has 10 properties in foreclosure, 3 bank owned properties, 0 properties headed for auction, and 90 properties for sale.
Raton, NM Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 87740 | $ 159,352 $ 91/sqft |
Housing Market Summary for Raton, NM
| 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 Raton, NM
Browse Homes in Raton, NM
Raton home values range from $19,900 to $824,581. The median estimated value of a home in Raton is $159,352. The median list price of a home is 124,450, and the total count of properties in the city is 180.
- Pre-ForeclosurePre-foreclosure homes account for 3.89% of all residential properties in Raton, NM with 87740 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Raton, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $207,405 in 87740 to the lowest home value of $71,486 in 87740.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Raton, NM ranges from the highest value of $197,290 in 87740 to the lowest value of $137,299 in 87740. Bank owned homes and properties account for 1.67% of properties in Raton, NM. There is 1 zips within Raton, NM; 87740 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Raton, NM. Auction homes and other auction properties account for 0% of all properties in Raton, NM. There is 1 zips within Raton, NM; of that zips, 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.
Compare Nearby Cities
More Real Estate Resources for Raton, NM
Guide for Raton, NM
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.