87301
Gallup, New Mexico.
Gallup, McKinley County, NM · Gallup, NM metro · population 21,755
to buy the typical home at today's mortgage rate — +$509 (+79%) since Jan 2020.
- 1 year
- Down $3,521 -2%
- $222,668$219,147 since Sep 2025
- 5 years
- Up $15,535 +8%
- $203,612$219,147 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 87301$1,150
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 47 years.
Typical home values in zip 87301 fell 1.6% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Gallup, NM — measured over the city limits, which is a different area from this zip.
Typical home value — 87301
Mid-tier homes, smoothed and seasonally adjusted.
- 87301$219,147
- Gallup$216,406
- United States$366,157
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.