Is Gallup, NM 87301 a buyer’s or seller’s market?
Gallup is a balanced market. With about 5.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market84Listing to accepted offer
Median price per sq ft$149▼ −9.7% vs. last year
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Nearby markets
Continental Divide 87312 — /sq ftJamestown 87347 — /sq ftPrewitt 87045 — /sq ftThoreau 87323Buyer’s market $32 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology