ZIP Code Report · 2026-10-22
ZIP 87740 Foreclosure & Distressed-Property Data
Property-related court filings in ZIP 87740, New Mexico, in Colfax County. Foreclosure, probate, divorce, and partition cases. These are the early-stage filings that precede MLS listings by months or years.
Based on public court filings, analyzed by Keystone. As of October 2026.
- 79.3% Foreclosure, the dominant filing category in ZIP 87740.
Filing type breakdown
| Lead type | Share |
|---|---|
| Foreclosure | 79.3% |
| Probate / Estate | 20.7% |
Related areas
ZIP 87740 falls within Colfax County, New Mexico. Full county-level analysis: Colfax County subscription page.
Nearby ZIPs in New Mexico: 87732 · 87701 · 87801 · 87571 · 87532.
The foreclosure process
Before a lender can begin a foreclosure on a primary residence, federal servicing rules generally require the borrower to be more than 120 days delinquent (12 CFR 1024.41(f)). States then follow either a judicial process, where the lender sues in court, or a non-judicial (power of sale) process run by a trustee under the deed of trust. Judicial vs non-judicial foreclosure explains the difference.
Compare states: foreclosure timeline by state.
Colfax County at a glance (public statistics)
County seat: Raton.
| Measure | Value | Source |
|---|---|---|
| Population | 12,336 | Census |
| Housing units | 9,578 | Census |
| Homes that are owner-occupied | 72% | Census |
| Median home value | $161K | Census |
| Housing units that are vacant (U.S.: 10%) | 44% | Census |
| Homes that are single-family detached (U.S.: 61%) | 73% | Census |
| Homes built before 1940 (U.S.: 12%) | 15% | Census |
| Residents aged 65 or older (U.S.: 17%) | 28% | Census |
| Owner-occupied homes with no mortgage (owned free and clear) (U.S.: 39%) | 60% | Census |
| Median age of residents (U.S.: 38.9) | 49.1 | Census |
| HUD Fair Market Rent, 2-bedroom, monthly (Colfax County, NM) | $1,014 | HUD |
| HUD Fair Market Rent, 3-bedroom, monthly (Colfax County, NM) | $1,376 | HUD |
Sources: U.S. Census Bureau American Community Survey and Building Permits Survey; HUD Fair Market Rents.
Related guides
Frequently asked questions
What court filings does Keystone Court Data cover in ZIP code 87740?+
Keystone Court Data covers property-related court filings in ZIP code 87740, New Mexico (Colfax County), including: Foreclosure, Probate / Estate. New filings are added as they are recorded.
What types of court cases are most common in ZIP 87740?+
In ZIP 87740, the filing breakdown is: Foreclosure (79.3%); Probate / Estate (20.7%).
New court records for ZIP 87740
Subscribe to Colfax County on Keystone Court Data to receive new property-related New Mexico court filings, including filings in ZIP 87740. Delivered from the day of filing. 7-day free trial.
View Colfax County availabilityCite: Keystone Court Data, "ZIP 87740 Foreclosure & Distressed-Property Data," 2026-10-22, https://keystonecourtdata.com/reports/87740-foreclosure-data