Gallup, NM Housing Market
$221,673
1.9% 1-yrThe average Gallup, NM home value is $221,673, down 1.9% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Gallup Key Takeaways
Typical Home Values: $221,673
1-Year Value Change: -1.9%
(Data through August 31, 2026)
Gallup Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Gallup Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Gallup, NM?
The median home value in Gallup, NM is $221,673 as of August 2026. This represents a 0.0% increase compared to last month and a 1.9% decrease year-over-year.
How have home values changed in Gallup, NM?
Home values in Gallup, NM have increased by 0.0% month-over-month and 1.9% year-over-year.
How do home values in Gallup, NM compare to McKinley County, New Mexico, and the national average?
The median home value in Gallup, NM ($221,673) compares to: McKinley County ($222,008), New Mexico ($318,241), and the U.S. national median ($368,697).
