Housing · Raton
Raton, NM housing market
The typical Raton home is worth about $151,000, up 4.9% in a year, 53% below the New Mexico typical home.
Home values, sales, trends and how Raton compares with the towns next door — updated as new data is published.
The market right now
Raton at a glance
Typical home value
$151K
▲ 4.9% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
RatonNew Mexico
Show as a table
| January | Raton | New Mexico |
|---|---|---|
| 2017 | $86,000 | $178,000 |
| 2018 | $87,000 | $184,000 |
| 2019 | $92,000 | $193,000 |
| 2020 | $101,000 | $205,000 |
| 2021 | $114,000 | $229,000 |
| 2022 | $125,000 | $263,000 |
| 2023 | $130,000 | $287,000 |
| 2024 | $124,000 | $302,000 |
| 2025 | $139,000 | $313,000 |
| 2026 | $147,000 | $315,000 |
| August 2026 | $151,000 | $318,000 |
Affordability
2.9 years of income
The typical Raton home costs about 2.9 years of the town's median household income, less than across New Mexico (5 years).
How Raton ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
67.3%
New Mexico: 70%
Median tax bill
$719
New Mexico: $1,731
Median rent
$741
New Mexico: $1,067
Typical home built
1959
New Mexico: 1985
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.