Housing in Gallup, NM

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$264,902

Median List Price

$255,000

Price Per Sq Ft

$141

Days on Market

119

Active Inventory

43

Months of Supply

8.6

Buyer's market

Zillow Home Value

$215,750

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 16.1%List Price 10.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

33.3%

Sold Above Asking
0.0%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
20.9%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

11

Pending Sales

9

Homes Sold 25.0%New Listings 83.3%Pending 28.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$141

Median List $/SF

$130

Sale $/SF 12.4%List $/SF 14.5%Mar 24Jan 26

Gallup vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Gallup is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$134,600

Median Rent

$858

Total Housing Units

7,596

Vacancy Rate

7.2%

Owner Occupied

49.4%

Renter Occupied

50.6%

Median Property Tax

$1,533

per year

Monthly Cost (w/ Mortgage)

$730

Housing Types

Single Family
56.4%
Multi-Family
26.4%
Mobile Home
17.2%

The current median sale price in Gallup, NM is $264,902 according to Redfin data. Homes spend a median of 119 days on the market. 0.0% of homes sold above asking price. The market has 8.6 months of supply. The median price per square foot is $141. The median rent is $858 per month (Census ACS). About 49.4% of housing units are owner-occupied. The median year homes were built is 1976. There are 7,596 total housing units.