87740
Raton, New Mexico.
Raton, Colfax County, NM · population 7,078
to buy the typical home at today's mortgage rate — +$423 (+110%) since Jan 2020.
- 1 year
- Up $8,196 +6%
- $145,448$153,644 since Sep 2025
- 5 years
- Up $26,326 +21%
- $127,318$153,644 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 87740$806
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in zip 87740 rose 5.6% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Raton, NM — measured over the city limits, which is a different area from this zip.
Typical home value — 87740
Mid-tier homes, smoothed and seasonally adjusted.
- 87740$153,644
- United States$366,157
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.