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RATON, NM 87740

Real Estate Market Report  ·  Colfax County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
39
⇧ 30% vs 30 last year
Pending
7
18% pending ratio
Median Price
$181,500
⇩ 6.9% vs $195,000 last year
Average Price
$255,850
⇩ 3.5% vs $264,995 last year
Days on Market
86
⇩ 18.9% vs 106 days last year

Market Context

Population: 6,928  ·  Density: 2.0/mi²  ·  Median household income: $42,030

Typical home value: $122,562  ·  Homeownership: 71.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The RATON, NM real estate market (87740) currently shows 39 active listings, with 7 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 86 days on market compared to 106 days last year.

The median listing price has fallen 6.9% year-over-year, from $195,000 to $181,500.

Whether you are buying or selling in RATON, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 30 last year
  • Days on market: 86 now vs 106 last year

Median & Average Pricing

Year over Year
  • Median: $181,500 (-6.9% YoY)
  • Average: $255,850 (-3.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 65.4 miles — 258 listings ($156,234,210 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87740Raton, NM 877400.0 mi39$9,978,150$181,500$255,850
87747Springer, NM 8774728.5 mi4$987,332$142,000$246,833
81024Boncarbo, CO 8102436.8 mi1$552,250$552,250$552,250
87729Miami, NM 8772939.3 mi1$569,999$569,999$569,999
81091Weston, CO 8109142.2 mi16$9,858,176$547,000$616,136
88419Folsom, NM 8841947.1 mi1$275,000$275,000$275,000
87718Eagle Nest, NM 8771849.2 mi15$8,285,355$332,500$552,357
87710Angel Fire, NM 8771055.0 mi138$100,551,492$595,000$728,634
87734Ocate, NM 8773457.2 mi2$1,274,900$637,450$637,450
81152San Luis, CO 8115261.2 mi14$3,851,260$225,000$275,090
87525Taos Ski Valley, NM 8752563.1 mi15$17,789,895$695,000$1,185,993
88415Clayton, NM 8841565.3 mi11$1,985,401$179,000$180,491
87722Guadalupita, NM 8772265.4 mi1$275,000$275,000$275,000

Frequently Asked Questions

How many homes are for sale in RATON, NM 87740?

As of January 2026, there are 39 active listings in RATON, NM (zip code 87740), compared to 30 the prior year.

What is the median home price in RATON, NM 87740?

The median listing price in RATON, NM 87740 is $181,500 as of January 2026, a 6.9% decrease from $195,000 the prior year.

How long do homes stay on the market in RATON, NM?

Homes in RATON, NM 87740 spend an average of 86 days on the market before going under contract, compared to 106 days the prior year.

Is it a seller's or buyer's market in RATON, NM 87740?

Based on current inventory and days-on-market data as of January 2026, RATON, NM 87740 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 86 days on market compared to 106 days last year.

How much can I save on real estate commission in RATON, NM?

With SELL123.com's maximum 3% commission, sellers in RATON, NM 87740 save an estimated $3,630 compared to a typical 5% commission on the median listing price of $181,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.