Current Price

$202,183

1 Month Forecast

â–² $223,002

1-Year Forecast *

â–² $231,063

5-Year Forecast *

â–² $254,229

"Is it a good time to buy homes in Gallup?" "Does investing in real estate in Gallup (New Mexico State, McKinley County) worth it?" According to our live Forecast System, buying a house in Gallup is a good short-term (1-year) investment*. The Gallup average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Gallup" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Gallup in New Mexico State, McKinley County. If you are looking for homes for sale with good flipping profit, Gallup can be a profitable property investment option. The median price of an average house in Gallup was 202,183 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Gallup" area is 254,229 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +25.74% meaning that investing 100000 USD today may yield a profit of 25,742 USD by 2031.

Current Median Listing Price: 202,183 USD Median Listing Price Per Square Foot: 112 USD

Gallup Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Gallup (New Mexico State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Gallup Price Target

Gallup median home price target in 12 months: $231,063* (upside of 14.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $217,044 $221,635 $217,044 $221,635
2024 $196,457 $202,183 $196,457 $203,100
2023 $193,718 $196,237 $192,184 $197,092
2022 $194,056 $193,663 $193,663 $197,407
2021 $181,881 $193,810 $181,881 $193,810
2020 $166,368 $181,964 $166,368 $181,964
2019 $156,986 $165,210 $156,548 $165,210
2018 $144,363 $156,776 $144,363 $156,776
2017 $141,388 $143,677 $140,728 $143,677
2016 $153,645 $141,902 $141,902 $154,095
2015 $149,173 $153,189 $148,717 $153,937
2014 $146,592 $149,045 $146,592 $150,080
2013 $146,049 $146,430 $145,015 $148,338
2012 $145,066 $146,780 $145,066 $148,557

Questions & Answers about the Gallup Housing Market Forecast

How much does an average home cost in Gallup today?

The value of an average home (the listing price) in Gallup is $202,183 USD.

What is the average price per square foot in Gallup?

According to Walletinvestor the median price per square foot in Gallup is 112 USD.

Will the median listing price of homes in Gallup grow / rise / go up?

Yes. The Gallup home prices may rise from 202,183 USD to 231,063 USD in one year.

Is it profitable to invest in Gallup homes?

Yes. The long-term profit potential is +14.28% in one year.

Will Gallup house prices fall / drop?

No. See above.

What is the predicted price of a Gallup home in 2030?

The predicted home sales price of a Gallup home in 2030 in Gallup is 242,764 USD.

What is the predicted price of a Gallup home in 2035?

The predicted home sales price of a Gallup home in 2035 in Gallup is 278,256 USD.

Will real estate prices decrease in Gallup?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Gallup is the 1873. largest city in the United States, located in New Mexico State.

During the last 12 months the real estate prices in McKinley, Gallup decreased, looking at the past 12 months.

According to Walletinvestor's Gallup real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.822% to 202,183 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 13.234% in 2021
  • 15.094% in 2022
  • 12.984% in 2023
  • 14.084% in 2024
  • 15.874% in 2025
  • 13.284% in 2026

Based on our Gallup real estate market research and report the predicted sales prices will increase by 280.050% in the next 10 years.

Over the last 12 months, the value of homes in Gallup fluctuated: increasing 4 times .

Gallup (New Mexico) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Gallup Housing Market Forecast with Real Estate Prices for 2025
August 2025 223002 202709 243295
September 2025 224377 212036 236718
October 2025 225761 203636 247885
November 2025 227153 210798 243508
December 2025 228554 206156 250952
Gallup Housing Market Forecast with Real Estate Prices for 2026
January 2026 228979 215698 242260
February 2026 229287 214613 243962
March 2026 229700 209487 249914
April 2026 231027 208155 253898
May 2026 231319 213970 248668
June 2026 231525 209067 253983
July 2026 231063 217892 244233
August 2026 231900 220073 243727
September 2026 232689 218030 247349
October 2026 234124 217736 250513
November 2026 235192 223432 246951
December 2026 235161 223167 247154
Gallup Housing Market Forecast with Real Estate Prices for 2027
January 2027 234320 216511 252128
February 2027 233221 209899 256543
March 2027 232128 210540 253716
April 2027 231039 214867 247212
May 2027 231104 210305 251904
June 2027 230021 217140 242902
July 2027 229493 217789 241197
August 2027 230020 212078 247961
September 2027 231438 212692 250185
October 2027 232866 218894 246838
November 2027 233132 214948 251317
December 2027 233023 214614 251431
Gallup Housing Market Forecast with Real Estate Prices for 2028
January 2028 233116 218430 247802
February 2028 233064 220944 245183
March 2028 232710 214559 250861
April 2028 232122 210999 253245
May 2028 232381 214488 250275
June 2028 233620 215865 251375
July 2028 235060 213435 256686
August 2028 236510 213805 259215
September 2028 237944 214150 261738
October 2028 239157 219068 259246
November 2028 239181 219808 258555
December 2028 238060 224253 251867
Gallup Housing Market Forecast with Real Estate Prices for 2029
January 2029 236944 225097 248791
February 2029 235958 222036 249879
March 2029 237285 214981 259590
April 2029 238749 225140 252357
May 2029 240221 226528 253914
June 2029 241647 221832 261462
July 2029 242764 221158 264370
August 2029 243749 220837 266662
September 2029 244334 229430 259239
October 2029 244944 228778 261111
November 2029 245302 232792 257813
December 2029 246815 232993 260637
Gallup Housing Market Forecast with Real Estate Prices for 2030
January 2030 248337 234927 261747
February 2030 249869 231378 268359
March 2030 251410 228280 274539
April 2030 252960 238794 267126
May 2030 253430 230622 276239
June 2030 253772 236262 271282
July 2030 254229 236941 271516
August 2030 255697 232428 278965
September 2030 256021 234515 277527
October 2030 256249 241899 270598
November 2030 255737 231186 280287
December 2030 256663 242290 271036
Gallup Housing Market Forecast with Real Estate Prices for 2031
January 2031 257537 240797 274277
February 2031 259125 245651 272600
March 2031 260307 244688 275925
April 2031 260272 244135 276409
May 2031 259341 235223 283460
June 2031 258126 233604 282648
July 2031 256915 231738 282093
August 2031 255711 231418 280004
September 2031 255783 239669 271897
October 2031 254584 239818 269350
November 2031 253999 241299 266699
December 2031 254583 239562 269603
Gallup Housing Market Forecast with Real Estate Prices for 2032
January 2032 256153 237710 274596
February 2032 257732 241495 273969
March 2032 258027 238159 277895
April 2032 257906 240110 275701
May 2032 258009 236595 279424
June 2032 257951 240926 274976
July 2032 257560 235152 279968

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.