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Raton, NM Home Values and Rents
The typical home value in Raton is $153,766, 108th highest of 150 cities and towns in New Mexico. Median rent is $741 a month.
- Typical home value
- $153,766
- 108th of 150 in NM
- Median rent
- $741/mo
- ACS 2020-2024
- Price change, 1 year
- +5.6%
- Sep 2026
- Homeownership
- 67.3%
- NM: 70.0%
Typical home value in Raton
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Raton |
|---|---|
| Sep 2026 | $153,766 |
| Dec 2025 | $147,984 |
| Dec 2024 | $139,081 |
| Dec 2023 | $128,692 |
| Dec 2022 | $134,198 |
| Dec 2021 | $128,341 |
| Dec 2020 | $115,950 |
| Dec 2019 | $103,673 |
| Dec 2018 | $94,947 |
| Dec 2017 | $88,548 |
| Dec 2016 | $90,443 |
| Dec 2015 | $98,281 |
| Dec 2014 | $99,803 |
| Dec 2013 | $103,824 |
| Dec 2012 | $104,683 |
Over five years, Raton prices changed +21.3%.
Source: Zillow Research · Last updated 09/01/2026
Housing at a glance
American Community Survey 2020-2024 5-year estimates, compared with New Mexico
- Median home value
- $134,300 · NM $248,100
- Median gross rent
- $741/mo · NM $1,067
- Home value to income
- 2.6 times the median household income ($52,641)
- Rent to income
- A year of median rent equals 17% of median household income
- Owner-occupied
- 67.3% of 2,683 households
- Housing units
- 3,375
- Vacancy rate
- 20.5%
- Median year built
- 1959
Fair Market Rents, FY2027
HUD rent standard for Colfax County, NM
| Unit size | Monthly rent |
|---|---|
| Studio | $807 |
| 1 bedroom | $931 |
| 2 bedrooms | $1,014 |
| 3 bedrooms | $1,376 |
| 4 bedrooms | $1,590 |
Frequently asked questions
- What is the typical home value in Raton, NM?
- The typical home value in Raton is $153,766 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
- How much is rent in Raton?
- The median rent in Raton is $741 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
- Are home prices going up in Raton?
- The typical home value in Raton changed +5.6% over one year and +21.3% over five years, as of Sep 2026.
- How does Raton compare with the rest of New Mexico?
- Raton has the 108th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.