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Gallup, NM Real Estate & Property Data

Gallup Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Gallup, NM. ATTOM’s Gallup real estate data is updated daily, and current market trends show that in Gallup, NM a total of 139 residential properties have sold over the past year. With a median home price of $244,174 in Gallup and a total of 2 foreclosures. Get detailed property data for Gallup, NM instantly. ATTOM is your one-stop-shop for the Gallup property reports and real estate data you need in Gallup, NM.

Gallup Real Estate Market Trends

Get property data for any address in Gallup, NM or the country:

Total Residential Properties 6,865

Total Commercial Properties 989

Avg. Home Age (Single Family Home) 8 Years

Avg. Square Feet (Single Family Home) 660

Total 2025 Residential Sales (year-to-date) 22

% of Homes Seriously Underwater (Q2 2025) 0.92%

Total 2024 Residential Sales 122

% of Equity Rich Homes (Q2 2025) 18.11%

Effective 2024 Property Tax 0.84%

Total Foreclosure Filings (year-to-date) 2

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Gallup, NM Real Estate Overview

There were 139 residential properties sold in the past year in Gallup, NM. The median home value in Gallup, NM is $180,764. There are a total of 6,865 residential properties in the Gallup.

Median Sales Price i

$244,174

(Feb 2025)

-20.3%

year-over-year

y-o-y

February '25 Feb '25 $244,174
January '25 Jan '25 $184,125
December '24 Dec '24 $237,240
November '24 Nov '24 $195,627
October '24 Oct '24 $291,270
September '24 Sep '24 $162,400
August '24 Aug '24 $228,492
July '24 Jul '24 $168,750
June '24 Jun '24 $246,651
May '24 May '24 $172,809
April '24 Apr '24 $166,250
March '24 Mar '24 $198,355

Median Down Payment i

$67,057

(Feb 2025)

+23.7%

year-over-year

y-o-y

February '25 Feb '25 $67,057
January '25 Jan '25 $41,350
December '24 Dec '24 $5,871
November '24 Nov '24 $13,133
October '24 Oct '24 $68,872
September '24 Sep '24 $32,148
August '24 Aug '24 $35,102
July '24 Jul '24 $30,625
June '24 Jun '24 $10,328
May '24 May '24 $35,750
April '24 Apr '24 $33,250
March '24 Mar '24 $12,068

Number of Homes Sold i

11

(Feb 2025)

-8.3%

year-over-year

y-o-y

February '25 Feb '25 11
January '25 Jan '25 11
December '24 Dec '24 10
November '24 Nov '24 12
October '24 Oct '24 13
September '24 Sep '24 10
August '24 Aug '24 12
July '24 Jul '24 9
June '24 Jun '24 8
May '24 May '24 12
April '24 Apr '24 10
March '24 Mar '24 9

Number of Purchase Loans i

14

(Feb 2025)

+40%

year-over-year

y-o-y

February '25 Feb '25 14
January '25 Jan '25 8
December '24 Dec '24 6
November '24 Nov '24 8
October '24 Oct '24 10
September '24 Sep '24 5
August '24 Aug '24 7
July '24 Jul '24 6
June '24 Jun '24 6
May '24 May '24 9
April '24 Apr '24 8
March '24 Mar '24 3

Number of REFI Loans i

10

(Feb 2025)

+11.1%

year-over-year

y-o-y

February '25 Feb '25 10
January '25 Jan '25 6
December '24 Dec '24 7
November '24 Nov '24 5
October '24 Oct '24 3
September '24 Sep '24 4
August '24 Aug '24 4
July '24 Jul '24 5
June '24 Jun '24 9
May '24 May '24 8
April '24 Apr '24 7
March '24 Mar '24 2

Number of HELOC Loans i

1

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 1
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 3
September '24 Sep '24 2
August '24 Aug '24 4
July '24 Jul '24 N/A
June '24 Jun '24 1
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Gallup, NM Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value

87301

$180,764 $273.88/sqft
87305

$134,046

Gallup, NM Foreclosure Activity

There were a total of 2 Gallup, NM properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

2

(Feb 2025)

February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 1
April '24 Apr '24 1
March '24 Mar '24 N/A

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 2
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 1
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 1

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