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City / Town Overview

Gallup, NM

Aggregate real estate market report across all ZIPs in scope
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The Gallup, NM real estate market currently shows 50 active listings, with 16 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 72 days on market compared to 71 days last year.

The median listing price has risen 26.4% year-over-year, from $235,450 to $297,500.

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Market Context

Market Context

Population: 24,401  ·  Density: 202.6/mi²  ·  Median household income: $57,792

Typical home value: $133,664  ·  Homeownership: 59%

Included Areas

Gallup: 87301, 87302, 87305

Area Map

Market Overview

Active Listings
50
⇩ 9.1% vs 55 last year
Pending
16
32% pending ratio
Median Price
$297,500
⇧ 26.4% vs $235,450 last year
Average Price
$290,513
⇧ 15.3% vs $252,029 last year
Days on Market
72
⇧ 1.4% vs 71 days last year

Price Per Square Foot

Median $/sqft
$145
⇧ 9.8% vs $132/sqft last year
Median Home Size
1,959 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %