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Auctions in Raton, NM

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Raton, NM Foreclosures

How much do homes sell for in Raton, NM?
The average home price is currently $165,486.
In Raton, NM, how many homes are available?
There are currently 14 active home listings available in Raton.
What’s the average rental cost in Raton, NM?
The average rental price in Raton is $828.
What is the most expensive home in Raton?
The most expensive home sold in Raton had a price of $2,696,100.
What is currently the cheapest priced home in Raton, NM?
The cheapest home for sale in Raton is priced at $10,400.

Living in Raton, NM

Raton, NM is a quaint city known for its rich history and breathtaking landscapes, nestled against the foothills of the Rocky Mountains. It's ideal for outdoor enthusiasts and those seeking a tight-knit community with plenty of local amenities. The city offers historical architecture, beautiful parks, and a vibrant downtown area, making it appealing for families and retirees.

Current Market Conditions in Raton, NM

Raton's real estate market is currently experiencing modest growth, with an increase in interest for homes as more people seek the tranquility and natural beauty of northern New Mexico. The inventory of homes remains relatively low, which creates a competitive market for buyers, especially for quality listings.

Investors are paying attention to Raton as property sales are gradually rising, combined with affordable pricing compared to more metropolitan areas. With growing interest in small-town living, Raton is strategically positioned to attract both new residents and vacation homeowners.

Home Value Estimator For Raton, NM

There are currently 2,779 real estate properties in Raton, NM, with a median automated valuation model (AVM) price of $141,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Raton, NM, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Raton, NM, is $165,486.00, with the most expensive house in Raton, NM, topping out at $2,696,100.00 and the cheapest home in Raton, NM, clocking in at $10,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Raton, NM!

Rent Prices In Raton, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Raton, NM, is on a rollercoaster ride. The average rent price in Raton, NM, is $828.00. Indeed, when looking to rent in Raton, NM, you can expect to pay as little as $520.00 or as much as $1,950.00, with the average rent median estimated to be $740.00. The good news is that finding an affordable and desirable property to rent in Raton, NM -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Raton, NM Auctions


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