Gallup, NM Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Gallup, NM offers balanced conditions for buyers.

  • •Prices are essentially flat (0.9% YoY) — good negotiating leverage for buyers.

Median Home Value

$218,667

ZHVI

Year-over-Year

+0.9%

Price change

5-Year Change

+13.6%

Since 2021

Active Listings

66

For sale

State Avg

$310,375

New Mexico

Home Value Trends

5-year Zillow Home Value Index for Gallup, NM vs. state and national averages.

Other Markets in New Mexico

Los Alamos, NM$573,267Santa Fe, NM$542,596Taos, NM$427,833Albuquerque, NM$342,449Espa-¦ola, NM$328,723Las Cruces, NM$283,613
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.