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Condo Foreclosures 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 $166,118.
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 charming city at the base of the Rocky Mountains. Known for its outdoor activities and rich cultural history, it is an ideal location for families and adventure seekers alike. With a vibrant community and essential amenities, Raton offers a relaxed lifestyle with opportunities for exploration and fun.

Current Market Conditions in Raton, NM

The real estate market in Raton, NM, remains relatively stable with a mix of affordable homes and some luxury options. The market is characterized by a slight increase in home values due to limited inventory and a growing interest in the area for those looking to escape urban environments as remote work becomes more popular. New listings are emerging that appeal to both families and retirees seeking a tranquil lifestyle in a scenic setting.

Year-over-year, Raton has seen a modest appreciation in property values with ongoing interest from out-of-state buyers seeking second homes or investment properties. The demand for homes with outdoor access and recreational opportunities continues to drive the market. While the availability of homes is slightly constrained, the city's charm and affordability make it an attractive option.

Home Value Estimator For Raton, NM

There are currently 2,778 real estate properties in Raton, NM, with a median automated valuation model (AVM) price of $142,732.00. 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 $166,118.00, 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 Condos


Market Trend for Raton, NM

Total Listings Available: 0

Market Values:

Home Prices from $10,400 to $2,696,100

Average Sales Price: $166,118

Rental Values:

Rental from $520 to $1,950

Average Rent Value: $828 / month

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