87740, NM Housing Market
The median sale price of a home in 87740 was $149K over the last 3 months, down 9.41% since the same period last year.
87740 Housing Market Trends
Over the three months ending June 2026, 87740 home prices were down 9.41% compared to the same period last year, selling for a median price of $149K. On average, homes in 87740 sell after 57 days on the market compared to 71 days last year. There were 14 homes sold in June this year, down from 17 last year.

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How hot is the 87740 housing market?
View houses in 87740 that sold recently
Recently sold homes
- Unknown Last Sold Price2 beds2 baths992 sq ft1320 Dwyer Ave, Raton, NM 87740List Price—Sale to List—Days on Market137 days1320 Dwyer Ave, Raton, NM 87740
- Unknown Last Sold Price3 beds2 baths2,102 sq ft49 Carisbrook Rd, Raton, NM 87740List Price—Sale to List—Days on Market52 days49 Carisbrook Rd, Raton, NM 87740
- Unknown Last Sold Price3 beds2.5 baths2,438 sq ft88 Linwood Dr, Raton, NM 87740List Price—Sale to List—Days on Market389 days88 Linwood Dr, Raton, NM 87740
- Unknown Last Sold Price4 beds2 baths1,656 sq ft1345 S 4th St, Raton, NM 87740List Price—Sale to List—Days on Market45 days1345 S 4th St, Raton, NM 87740
- Unknown Last Sold Price2 beds1 bath1,032 sq ft128 Water St, Raton, NM 87740List Price—Sale to List—Days on Market220 days128 Water St, Raton, NM 87740
- Unknown Last Sold Price—beds—baths—sq ft1391 S 2nd St, Raton, NM 87740List Price—Sale to List—Days on Market162 days1391 S 2nd St, Raton, NM 87740
- Unknown Last Sold Price3 beds2 baths1,972 sq ft1108 Collier Ave, Raton, NM 87740List Price—Sale to List—Days on Market36 days1108 Collier Ave, Raton, NM 87740
- Unknown Last Sold Price3 beds2 baths1,696 sq ft336 Stevens, Raton, NM 87740List Price—Sale to List—Days on Market642 days336 Stevens, Raton, NM 87740
See all recently sold homes in 87740.
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Schools in 87740
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Cimarron Middle School Public • 5-8 | 46 Students | 1 reviews |
6/10 Raton Middle School Public • 3-6 | 246 Students | 1 reviews |
6/10 Maxwell Elementary School Public • PreK-6 | 39 Students | N/A |
3/10 Longfellow Elementary School Public • PreK-2 | 235 Students | 1 reviews |
1/10 Cimarron Elementary School Public • PreK-4 | 60 Students | 2 reviews |
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.
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Fire Factor - Severe
Fire Factor

Wind Factor - Minor
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Heat Factor - Minor
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