Raton, NM Homes for Sale under $100,000

/31
$95,000

$5K PRICE DROP
- 2 Beds
- 1 Bath
- 1,155 Sq Ft
501 2nd Ave, Raton, NM 87740

Washer and Dryer Not included

Cassidae Chance

Home Associates, Inc

501 2nd Ave, Raton, NM 87740
Explore Raton
/26
$79,000
- 2 Beds
- 1 Bath
- 1,124 Sq Ft
123 Highway 72, Raton, NM 87740

Quaint place on the edge of town! If you are looking for a fixer upper to make your own, this might be the place! Approximately 1/4 acre, 2-3 bedrooms, and close to I-25 really make this attractive. Large yard for garden, or RV Parking. Private setting, quiet location! This home is in need of renovation, and will sell as cash or conventional financing. Fixer Upper with potential!

Wesley Seneff

Home Associates, Inc

123 Highway 72, Raton, NM 87740
/5
$30,000

$70K PRICE DROP
- Land
- 4,791 Sq Ft
- $272,727 per Acre
0 Whittier St Unit 20256763, Raton, NM 87740

5000 square feet of commercial zoned bare land. Located on Whittier, behind the Lark's Lube location, this property is 50' x 100' and would be great for a small business location. Banks, shopping, and restaurants nearby! Call for more information.

Wesley Seneff

Home Associates, Inc

0 Whittier St Unit 20256763, Raton, NM 87740
/26
$65,000
- 1 Bed
- 1 Bath
- 880 Sq Ft
811 N 4th St, Raton, NM 87740

Looking for a property with potential? This 1 bedroom, 1 bathroom investment opportunity home is ready for your next step. Theres also room to expand off the back enclosed area, giving you a clear path to increase usable space and add value. The basement is a great asset for storage, making it especially useful for contractors, investors, or anyone planning renovations. Plus, the pro panel roof

Wendy Mileta Realty One Of New Mexico - Raton

811 N 4th St, Raton, NM 87740
/6
$18,000

$2K PRICE DROP
- Land
- 9,147 Sq Ft
- $85,714 per Acre
632 N 2nd St, Raton, NM 87740

Newly cleared lot in town, once had a duplex on it so it's ready for a new build! Close distance to downtown Raton, walking distance to train station, coffee shop, restaurants, post office and more! Utilities are near site. Near Hwy 72 that takes you out toward Sugarite State Park and Lake Maloya. Call today for more info!

Wendy Mileta Realty One Of New Mexico - Raton

632 N 2nd St, Raton, NM 87740
/2
$19,900

$106K PRICE DROP
- 3 Beds
- 3 Baths
- 2,357 Sq Ft
155 Francis Ave, Raton, NM 87740

Spacious 3 bedroom 3 bath home in .55 acre lot. Located in a quiet neighborhood. Home has detached garage. Yard is partially fence. Home has a lot of potential. Unable to view interior of the home till further notice.

Jesus Esparza Asset Solutions Realty

155 Francis Ave, Raton, NM 87740
/5
$75,000
- Land
- 23,522 Sq Ft
- $138,889 per Acre
1789 Hospital Dr, Raton, NM 87740

Prime Investment Opportunity Near I-25 Unlock the potential of this over half-acre vacant lot, ideally situated just off I-25 for exceptional accessibility. With city utilities available, and a strategic location near a hospital, medical clinics, and professional offices, this property offers strong appeal for development. Whether youre an investor seeking future growth or a builder ready for

Wendy Mileta Realty One Of New Mexico - Raton

1789 Hospital Dr, Raton, NM 87740
/45
$99,000
127 Hereford Ave, Raton, NM 87740

Rare Commercial Opportunity Vintage Bowling Alley with Expansion Potential Investors and visionaries, take note! This vintage-style 8-lane bowling alley is packed with potential and primed for transformation. Situated just off a main road with excellent highway access, the property boasts a high-visibility location in a strong commercial area. Set on a large lot with ample parking, the building

Wendy Mileta Realty One Of New Mexico - Raton

127 Hereford Ave, Raton, NM 87740
/45
$89,900

$30K PRICE DROP
- 1 Bed
- 1 Bath
- 1,053 Sq Ft
425 E 8th St, Raton, NM 87740

Unique opportunity in Raton featuring a 1-bedroom, 1-bath home situated on six lots totaling approximately 210,000 sq. ft. Built in 1954, the property offers exceptional land value and future potential. Recent improvements include a new roof, new electrical system with updated light fixtures, and a new water heater. The home requires completion and currently has no heat. Property is being sold

Jessica Roybal Willow Springs Realty & Property Management LLC

425 E 8th St, Raton, NM 87740
/21
$42,300

$46K PRICE DROP
- 2 Beds
- 1 Bath
- 1,025 Sq Ft
524 S 1st St, Raton, NM 87740

Single Family Site Built home on large lot with 2 bedrooms, 1 bathroom and unfinished basement. Home features a large lot, several storage buildings and a detached 2 car garage. Home is eligible for FHA $100 down payment program when using FHA 203(k) financing.

John Castillo Southwest Elite Real Estate

524 S 1st St, Raton, NM 87740
/33
$94,900

$95K PRICE DROP
- 3 Beds
- 2 Baths
- 1,456 Sq Ft
1400 Miller Rd, Raton, NM 87740

A charming single family residence nestled in the heart of Raton New Mexico. This 1456 sq.ft. home sits on a spacious 10,370 sq.ft.lot offering ample space for gardening, entertaining, future expansions. Built in 1974 the home is situated in the peaceful Bartolino Addition Neighborhood providing a serene living environment while still being conveniently close to local amenities. KEY FEATURES:

Jessica Roybal Willow Springs Realty & Property Management LLC

1400 Miller Rd, Raton, NM 87740
/5
$25,000
- Land
- 21,000 Sq Ft
- $51,857 per Acre
DWYER Avenue, Raton, NM 87740

Rare opportunity to own six contiguous residential lots totaling approximately 21,000 sq ft in a developing area of Raton. Located on Dwyer Ave, this property offers flexibility for building making it ideal for investors, builders, or anyone looking to create a custom residential setup. The lots feature convenient access with utilities nearby, providing a strong foundation for future development.

Jessica Roybal Willow Springs Realty & Property Management LLC

DWYER Avenue, Raton, NM 87740
/12
$35,000
- Land
- 22,215 Sq Ft
- $68,627 per Acre
1425 S 5th St, Raton, NM 87740

Spacious 22,000 sq ft lot ideally located near the high school and just minutes from the Raton Golf Course and downtown Raton. This property offers a great building site with convenient access to local amenities, shopping, dining, and recreation. An excellent opportunity to build your home in a well-situated area of town.

Wendy Mileta Realty One Of New Mexico - Raton

1425 S 5th St, Raton, NM 87740
/25
$74,500

$43K PRICE DROP
- 2 Beds
- 2 Baths
- 924 Sq Ft
617 Gold St, Raton, NM 87740

Imagine starting your day with sweeping mountain views and ending it in total peace and quiet. Nestled on a spacious one-acre lot, this well-maintained 2-bedroom, 2-bath single wide home offers the perfect balance of comfort, space, and opportunity. Step outside onto the elevated back deck and take in the sceneryyour own private retreat where morning coffee and evening sunsets become part of your

Wendy Mileta Realty One Of New Mexico - Raton

617 Gold St, Raton, NM 87740
/14
$32,000

$5K PRICE DROP
- 2 Beds
- 1 Bath
- 706 Sq Ft
237 Vermejo St, Raton, NM 87740

Attention investors, flippers, and savvy homebuyers! This 2-bedroom, 1-bath home is full of potential and ready for your vision. This property offers a good structure and a great layoutjust waiting for the right buyer to bring it back to life. Whether you're looking for your next renovation project or a starter home you can make your own, this is the opportunity you've been waiting for. Priced to

Wendy Mileta Realty One Of New Mexico - Raton

237 Vermejo St, Raton, NM 87740
/6
$35,000
- Land
- 5.09 Acres
- $6,876 per Acre
0 Grant Ave, Raton, NM 87740

Five acres of C-3 zoned commercial land with potential. Located blocks from downtown Raton, just off Main Street and minutes from I-25, this property offers excellent access and visibility. City utilities are nearby (buyer to verify). Ideal for commercial development, mixed-use projects, or long-term investment.

Wendy Mileta Realty One Of New Mexico - Raton

0 Grant Ave, Raton, NM 87740

New Mexico Colfax County

Home Prices in Raton, NM

The median home sale price in Raton, NM is $155,850, down 3% year-over-year. Homes in Raton sell in 93 days on average, compared to the national average of 57 days.

Home Price Trends

Median Sale Price $155,850	Median Single Family Sale Price $170,250
Median Townhouse Sale Price $94,900	Median 2 Bedroom Sale Price $133,000
Median 1 Bedroom Sale Price $65,000	Average Price Per Sq Ft $123
Number of Homes for Sale 42	Last 12 months Home Sales 48
Months of Supply 10.50	Median List Price $169,500
Median Change From 1st List Price 8%	Median Home Sale Price YoY Change -3%

How to Buy a Home How to Finance a Home How to Sell a Home

In Raton, there are currently 16 homes for sale priced under $100,000, providing budget-friendly options for prospective buyers. Whether you're in search of houses for sale under 100k or other property types, there are opportunities to discover your ideal home within your budget in Raton, NM. From cozy starter homes to properties awaiting your personal touch, these affordable residences offer an entry point into the housing market or an opportunity for real estate investment without stretching your finances.

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