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Home values, rents and more in Raton, NM

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$154,000
New Mexico: $316,000 · U.S.: $366,000
Home values, past year
+5.6%
New Mexico: +1.7% · U.S.: +1.2%
Population
6,026
ACS 2020–24
Median household income
$52,641
New Mexico: $64,059 · U.S.: $80,734
ZIP codes around Raton, NM, shaded by typical home valueRaton
  • Under $0k
  • No data
ZIP codes around Raton, NM, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Raton is outlined.

How Raton compares

The typical home in Raton, NM is worth about $154,000, according to the Zillow Home Value Index for September 2026. Home values in Raton are 51% below the typical value in New Mexico ($316,000) and 58% below the U.S. typical value ($366,000).

Over the past year, home values in Raton rose 5.6%, compared with +1.7% in New Mexico and +1.2% nationally.

The median household income is $52,641, against $64,059 in New Mexico and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 6,026 people live in Raton (American Community Survey 2020–24).

Raton has the 12th-lowest typical home value of the 106 cities in New Mexico with Zillow figures.

Part of: Colfax County, NM · New Mexico

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Raton, NM

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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