Raton, NM Homes for Sale under $100,000

/5
$30,000
- Land
- 5,000 Sq Ft
- $261,324 per Acre
tbd Whittier St, Raton, NM 87740

Commercial lot with potential! Located near shopping, the new InBank location, restaurants, and across from CYFD! This lot is approximately 50' x 100'. Invest in Ratons future! Call today for more information.

Wesley Seneff

Home Associates, Inc

(575) 342-7871

tbd Whittier St, Raton, NM 87740
Explore Raton
/8
$40,000
- Land
- 5.48 Acres
- $7,299 per Acre
tbd Woodrow Ave, Raton, NM 87740

5+ acres of Commercial C-3 zoned, unimproved land located at the west end of Woodrow Avenue. This property has older fencing around most of the perimeter, and entry gates. The terrain is mostly flat on the eastern boundary, with a gradual slope becoming steeper towards the western boundary of the property. Uniquely situated along the northern boundary of the old race track, with views of the old

Wesley Seneff

Home Associates, Inc

(575) 570-7732

tbd Woodrow Ave, Raton, NM 87740
/10
$30,000
- Land
- 5.97 Acres
- $5,025 per Acre
1391 S 2nd St, Raton, NM 87740

Formerly the location of the 87 Drive-In in south Raton. Available for immediate consideration is 5.97 acres of C-2 zoned acreage. Flat or slightly sloped land, with city utilities nearby. No existing structures, or improvements are present. This is a blank slate waiting for a new lease on life! Veterinary clinic, industrial manufacturing, warehouse, or even a planned subdivision is possible with

Wesley Seneff

Home Associates, Inc

(575) 483-9303

1391 S 2nd St, Raton, NM 87740
/32
$95,000
- 3 Beds
- 1.5 Baths
- 1,108 Sq Ft
510 Park Ave, Raton, NM 87740

Talk about VIEWS! 510 Park Avenue is a 3 bedroom, 2 bath townhome located at the top of Park Avenue. From the front deck, the views of the northeastern New Mexico highlands are tremendous! Stepping through the front door, the large windows in this modestly sized home gives a sense of warmth and comfort. The natural light spills in, giving an inviting impression. The main floor consists of

Wesley Seneff

Home Associates, Inc

(575) 577-7526

510 Park Ave, Raton, NM 87740
/31
$95,000
- 2 Beds
- 1 Bath
- 1,155 Sq Ft
501 2nd Ave, Raton, NM 87740

Cute, 2 bedroom 1 bath, home at the end of the road. Large lot with mature trees, grape vines, and garden space. This home features a basement with additional room for storage or project space and is ready for it's new owner. This property has a detached garage/workshop area as well as additional storage all in one convenient location near the house. PLEASE NOTE THAT .07 ACRE IS ACROSS I-25.

Cassidae Chance

Home Associates, Inc

(575) 552-8142

501 2nd Ave, Raton, NM 87740
/11
$25,000
- 1 Bed
- 1 Bath
- 812 Sq Ft
310 Martinez St, Raton, NM 87740

Investment opportunity for an experienced DIYer or investor. Home is a single bedroom one bath house. Large kitchen space with room for a dining table just off of the living room. Shed at the front of the property. Near elementary school, minutes from down town, near aquatic center. If you're looking for an investment opportunity this one is for you. Call to schedule your appointment today.

Cassidae Chance

Home Associates, Inc

(575) 414-4706

310 Martinez St, Raton, NM 87740
/26
$79,000
- 2 Beds
- 1 Bath
- 1,124 Sq Ft
123 New Mexico 72, Raton, NM 87740

Here's your diamond in the rough, on the outskirts of town! Easy access to I-25, off street parking for RV, and minutes from Sugarite Canyon State Park! If you are looking for something small to fix up and make your own, this might be just the place. Situated on .217 acre, this property has a large fenced yard with mature trees and landscaping. Lots of room for off street parking for RV's, or

Wesley Seneff

Home Associates, Inc

(575) 254-4408

123 New Mexico 72, Raton, NM 87740
/26
$65,000
- 2 Beds
- 1.5 Baths
- 868 Sq Ft
424 Savage Ave, Raton, NM 87740

Investor special with strong upside and excellent location, this handyman property offers a rare opportunity to add value and build equity. The main level features two bedrooms and one full bath, along with a spacious living area and functional kitchen layout ready for your vision and improvements. A full unfinished basement provides exceptional expansion potential, with the possibility to add

Wendy Mileta REALTY ONE OF NEW MEXICO - RATON

424 Savage Ave, Raton, NM 87740
/2
$69,900
- 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
/45
$99,900
- 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
/29
$69,500
- 2 Beds
- 1 Bath
- 1,032 Sq Ft
128 Water St, Raton, NM 87740

This affordable 2-bedroom, 1-bath property offers solid investment potential for buyers seeking rental income or a low-cost retirement option. Located near an elementary school and within a short distance to downtown Raton, the home provides convenient access to daily essentials. With some updates and TLC needed, this property presents an excellent opportunity to add value and customize to your

Wendy Mileta REALTY ONE OF NEW MEXICO - RATON

128 Water St, Raton, NM 87740
/21
$58,500
- 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
/6
$18,000
- Land
- 8,999 Sq Ft
- $87,125 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
/3
$40,000
- Land
- 33,454 Sq Ft
- $52,083 per Acre
0 Tiger Dr Unit 20226069, Raton, NM 87740

Great location for a commercial building or parking lot. Close to schools, main street, restaurants and more! Very visible to traffic just off of Tiger Drive and Second Street! Call today for more information

Wendy Mileta REALTY ONE OF NEW MEXICO - RATON

0 Tiger Dr Unit 20226069, 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 you’re an investor seeking future growth or a builder ready for

Wendy Mileta REALTY ONE OF NEW MEXICO - RATON

1789 Hospital Dr, Raton, NM 87740
/10
$30,000
- Land
- 30,012 Sq Ft
- $43,541 per Acre
West of Medical Park St, Raton, NM 87740

C-3 GENERAL AND HIGHWAY SERVICING DISTRICT. Property is located near the main hospital South of Town, MCMC, just off Highway I-25! Located near Dr. offices, dentists and physical therapist offices. Just over a half-acre of land. Call for more information.

Wendy Mileta REALTY ONE OF NEW MEXICO - RATON

West of Medical Park St, Raton, NM 87740
/12
$35,000
- Land
- 22,163 Sq Ft
- $68,789 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
/14
$32,000
- 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 layout—just 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

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
tbd 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

tbd Grant Ave, Raton, NM 87740
/15
$38,000
- 1 Bed
- 1 Bath
- 717 Sq Ft
708 S 1st St, Raton, NM 87740

Investor special with strong upside potential! This 1-bedroom, 1-bath handyman property is the perfect opportunity for investors or savvy buyers looking to add value. With some TLC and vision, this home could be transformed into a charming short-term rental, Airbnb, or long-term income-producing property. Located within walking distance to downtown Raton, the property offers excellent rental

Wendy Mileta REALTY ONE OF NEW MEXICO - RATON

708 S 1st St, Raton, NM 87740
/14
$25,000
- Land
Short Street Unit Lots 14-18, Raton, NM 87740

Corner Residential Lot Great for Building your dream home or Modular Home. Lots of potential. Close to downtown shopping, businesses, and parks. Utilities are available.

Jessica Roybal Willow Springs Realty & Property Management LLC

Short Street Unit Lots 14-18, Raton, NM 87740

New Mexico Colfax County Raton

Home Trends in Raton, NM

On average, homes in Raton, NM sell after 90 days on the market compared to the national average of 58 days. The median sale price for homes in Raton, NM over the last 12 months is $160,000, down 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$160,000

Median Single Family Sale Price

$169,000

Median Townhouse Sale Price

$95,000

Average Price Per Sq Ft

$121

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

10.30

Median List Price

$165,000

Median Change From 1st List Price

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 21 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.

Raton Types of Homes for Sale

Raton Homes by Price

More About Living in Raton

Homes for Sale in Nearby Cities

Homes for Sale in Nearby Counties

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