87740, NM Housing Market

Homes for sale

Trends
Demand
Schools
Climate

87740 Housing Market Trends

What is the housing market like in 87740 today?

$110K

Sale Price

$64

Sale $/Sq. Ft.

Under List Price

26.2%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 87740 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New Mexico add value to a home.

View houses in 87740 that sold recently

Recently sold homes

SOLD JUN 5, 2025
Unknown Last Sold Price
2 beds
1 bath
875 sq ft
1457 Arnold St, Raton, NM 87740
List Price
—
Sale to List
—
Days on Market
265 days
1457 Arnold St, Raton, NM 87740
SOLD JUN 5, 2025
Unknown Last Sold Price
2 beds
1 bath
918 sq ft
621 Apache Ave, Raton, NM 87740
List Price
—
Sale to List
—
Days on Market
49 days
621 Apache Ave, Raton, NM 87740
SOLD JUN 2, 2025
Unknown Last Sold Price
3 beds
2.5 baths
1,716 sq ft
501 Cedar St, Raton, NM 87740
List Price
—
Sale to List
—
Days on Market
103 days
501 Cedar St, Raton, NM 87740
SOLD MAY 29, 2025
Unknown Last Sold Price
4 beds
2 baths
1,814 sq ft
1224 Mcfarland St, Raton, NM 87740
List Price
—
Sale to List
—
Days on Market
38 days
1224 Mcfarland St, Raton, NM 87740
SOLD MAY 27, 2025
$7,500
—beds
—baths
—sq ft
240 Raton Ave, Raton, NM 87740
List Price
—
Sale to List
—
Days on Market
—
240 Raton Ave, Raton, NM 87740
SOLD MAY 20, 2025
Unknown Last Sold Price
1 bed
—baths
1,581 sq ft
328 S 8th St, Raton, NM 87740
List Price
—
Sale to List
—
Days on Market
71 days
328 S 8th St, Raton, NM 87740
SOLD MAY 15, 2025
Unknown Last Sold Price
2 beds
1 bath
1,444 sq ft
224 S 7th St, Raton, NM 87740
List Price
—
Sale to List
—
Days on Market
57 days
224 S 7th St, Raton, NM 87740
SOLD MAY 6, 2025
Unknown Last Sold Price
3 beds
2 baths
1,186 sq ft
1448 Macarthur St, Raton, NM 87740
List Price
—
Sale to List
—
Days on Market
186 days
1448 Macarthur St, Raton, NM 87740
See all recently sold homes in 87740.
See listings

Schools in 87740

Learn about schools in the 87740 area

Elementary
Middle
High

GreatSchools Rating

8/10 Cimarron Middle School Public • 5-8	49 Students	1 reviews
6/10 Raton Middle School Public • 3-6	234 Students	1 reviews
6/10 Maxwell Elementary School Public • K-6	46 Students	N/A
3/10 Longfellow Elementary School Public • PreK-2	251 Students	1 reviews
1/10 Cimarron Elementary School Public • PreK-4	59 Students	2 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on 87740 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 87740.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

98% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 87740

New Listings in 87740

Nearby Zip Code Housing Markets

County Housing Markets

City Housing Markets

Nearby Zip Code Listings

County Listings

City Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Become a Lender Partner

Subsidiaries

Rent.

ApartmentGuide

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.