Gallup, NM
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Gallup market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Gallup, NM.
The Gallup market is currently Cooling, characterized by a pending ratio of 0.39, indicating that demand absorption is not keeping pace with available supply. While active listings have remained relatively stable with a 0.9% year-over-year change, the market exhibits characteristics consistent with a more tempered environment.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Gallup market right now.
Inventory dynamics show a nuanced picture, with active listings essentially flat year-over-year at a 0.9% increase, yet new listings saw a significant contraction of 40.0% over the past year. Despite a strong 24.4% year-over-year increase in the median listing price, the pending ratio, a key indicator of demand absorption, stands at 0.39. However, this metric has seen a notable year-over-year rise of 14.3% from a lower base, suggesting some directional shift in demand despite current levels.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
In the current environment, the pace of transactions is slower, driven by a pending ratio below 0.40, which implies buyers have more time for consideration and negotiation. Inventory pressure is limited, with demand absorption lagging supply, placing greater emphasis on price discipline for sellers to attract offers. This dynamic generally affords buyers increased leverage in negotiations regarding terms and pricing.
No distinct luxury-segment signal in this dataset.
59 active listings represent the current floor, with new supply arriving at roughly 6 per month.
of active listings carry a price reduction, +4.7% from prior period.
Median price per square foot has moved +3.1% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Gallup, NM? Buyer Demand Index is running at 39%.
Buyers have leverage in Gallup, NM. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 39%
- Median Days on Market
- 78 days
- Inventory YoY
- +1%
In a buyer's market, strategy beats timing. See how your home scores in Gallup, NM and what moves the number.
See my Sold Score & selling strategy →Prefer the data first? Get the monthly Gallup, NM briefing and watch the market before you list.
How the Sold Score works →Agents: no featured expert covers Gallup, NM yet — claim this market →
The Monthly Briefing
Stay ahead of the Gallup market.
One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.
Track your ZIP
Get the Sold Score for your exact ZIP code in your inbox each month.
Metro Demographics
ZIPs in Gallup, NM
87301
gallup
$311K
41 active · 78 DOM
87321
ramah
$338K
10 active · 82 DOM
87323
thoreau
$189K
5 active · 122 DOM
87375
yatahey
$127K
2 active · 158 DOM
87347
jamestown
$299K
1 active · 73 DOM
87315
fence lake
$820K
1 active · 163 DOM
87357
pinehill
$399K
1 active · 27 DOM
87316
fort wingate
$310K
1 active · 44 DOM
87326
vanderwagen
$190K
0 active · — DOM
Sorted by active inventory · click a ZIP for its full report