
629 Jay St
Gallup, NM 87301
Kristin Cuellar · NMGA Redhill MHP, LLC
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Compass Real Estate · Gallup, NM
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Housing market overview · Updated monthly ·
$314,950median sale price
The median home sale price in Gallup, NM is $314,950, up 11.3% year-over-year. Homes sell in an average of 64 days with 33 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Gallup, NM is currently a buyer's market, based on 5.5 months of supply and homes selling in about 64 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
64
Average pace
Active listings
33
5.5 months supply
Sale-to-list
—
Below asking
| Metric | Value |
|---|---|
| Median sale price | $314,950 |
| Median list price | $309,000 |
| Year-over-year price change | +11.3% |
| Average days on market | 64 days |
| Active inventory | 33 listings |
| Months of supply | 5.5 months |
| Median price per sq ft | $172/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 11 |
| Listings with a price cut | 18.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How the Gallup, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $314,950 | $172/sq ft | 6 | 64 days |
Source: Redfin · Updated monthly
The Gallup housing market is currently classified as a buyer's market with a median sale price of $314,950. Prices have risen 11.3% compared to last year, with homes spending an average of 64 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
There are currently 33 homes listed for sale in Gallup, New Mexico. The median listing price is $309K. Featured listings range from $84,900 to $445,000.

Gallup, NM 87301
Kristin Cuellar · NMGA Redhill MHP, LLC

Gallup, NM 87301
Tony Sanchez · Re/Max Combined Investments

Gallup, NM 87301
Jennifer Macias · Re/Max Combined Investments

Gallup, NM 87301
Elizabeth Munoz-Hamilton · Keller Williams Realty Gallup Living

Gallup, NM 87301
John Castillo · Southwest Elite Real Estate

Gallup, NM 87301
Jason Valentine · Coldwell Banker High Desert Realty

Gallup, NM 87301
Kaul Corley · Keller Williams Realty Gallup Living

Gallup, NM 87301
Jennifer Macias · Re/Max Combined Investments

Gallup, NM 87301
Veronica Sanchez · Exp Realty, LLC

Gallup, NM 87301
Veronica Sanchez · Exp Realty, LLC

Gallup, NM 87301
Olga Starr · Re/Max Combined Investments

Gallup, NM 87301
Michael Mazel · Keller Williams Realty Gallup Living
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Active listings
33
Homes on market
Median list price
$309K
Avg. days on market
64
Days until sale
New this week
11
Newly listed
Population
21,333
Median income
$57,466/yr
Median age
34 years
Owner-occupied
49.4%
College grads
22.6%
Avg commute
18.3 min
Source: U.S. Census Bureau ACS
Zillow home value
$222,789
Price-to-income
3.9x
Source: Zillow Research
Gallup is a community of approximately 21K residents with a median age of 34 years.The median household income is $57,466, which represents a working-class community with solid middle-income opportunities. 22.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.4%, showing a blend of owner and renter-occupied properties. The average commute time is 18.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gallup offers a balanced lifestyle with accessible home values relative to local income levels.
19 schools tracked · 8,046 students
The largest public schools serving Gallup, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MIYAMURA HIGH SCHOOL
Grades 9-12 · 1,387 students
GALLUP HIGH
Grades 9-12 · 994 students
HOZHO ACADEMY
Grades K-10 · 685 students
JOHN F. KENNEDY MIDDLE
Grades 6-8 · 656 students
CHIEF MANUELITO MIDDLE
Grades 6-8 · 616 students
JEFFERSON ELEMENTARY
Grades PK-5 · 473 students
DEL NORTE ELEMENTARY
Grades PK-5 · 438 students
GALLUP MIDDLE
Grades 6-8 · 423 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Gallup side-by-side with any other U.S. city using our market-comparison tool.
The median home sale price in Gallup is $314,950, up 11.3% from last year.
Homes typically spend 64 days on market before going under contract.
The median household income is $57,466 per year.
With 5.5 months of supply, Gallup is currently a buyer's market.
There are currently 33 homes listed for sale in Gallup, NM.
The Zillow Home Value Index (ZHVI) for Gallup is $222,789, representing the typical home value in the area.
The median single-family home price in Gallup, NM is $314,950 (about $172 per square foot).
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