The city of Gallup, NM 87305 has a median housing value of $66,000 which is much lower than the US median house value of $338,100. Despite this difference, homes in the Gallup area have seen an impressive 9.54% appreciation over the past year compared to 8.27% for the entire US. This shows that real estate in Gallup is becoming increasingly desirable and has a great potential for growth in the years to come.
The median home cost in Gallup (zip 87305) is $66,000. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Gallup (zip 87305) is up 12.5%.
Average Age of Homes
- The median age of Gallup (zip 87305) real estate is 26 years old
The Rental Market in Gallup (zip 87305)
- Renters make up 7.4% of the Gallup (zip 87305) population
- 0.0% of houses and apartments in Gallup (zip 87305), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.