The story of this market
The typical home in ZIP 87311 sells for about $220,228, or $135 per square foot.
Prices are down 1.7% from a year ago, which gives buyers more room to negotiate. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 87311 — Church Rock
The Gallup housing market is currently experiencing a period of price stabilization following recent volatility. Inventory remains limited, which continues to support current price levels despite a slight year-over-year decline. Market activity is driven by local employment stability rather than speculative investment.
This area is best suited for local workers and families seeking affordable housing options in a culturally rich, high-desert environment.
Median prices moved down 1.7% year over year.
Homes spend a median of 68 days on market with 5.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 21.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 87301, McKinley County NM
Crime rates in Gallup are higher than the national average, with property crime being the most frequently reported issue in the area.
Schools in the Gallup-McKinley County district generally face challenges with performance metrics, often ranking below state averages.
The area is subject to high wind events and occasional flash flooding, with wildfire risk present in the surrounding high-desert terrain.
Economic momentum is driven by the healthcare, education, and government sectors, with limited large-scale commercial development currently underway.
Property taxes are administered at the county level with rates based on assessed valuations; exemptions exist for head-of-household and veterans.
Commutes are primarily car-dependent, with I-40 serving as the main artery for regional travel and access to employment hubs.
The area offers access to outdoor recreation including hiking trails in the Red Rock Park area and proximity to regional cultural sites.
The rental market is characterized by tight supply and steady demand, with limited new multi-family construction projects.
The economy is anchored by the Gallup Indian Medical Center, Gallup-McKinley County Schools, and regional retail trade.
Transportation is dominated by private vehicles; limited public transit exists within the city limits.
Development is focused on small-scale infill and infrastructure maintenance rather than large-scale residential expansion.
The McKinley County Assessor manages property valuations based on market-based appraisal standards.
Parcels are subject to school district taxes and municipal utility assessments.
Property insurance premiums are rising due to regional wildfire and wind exposure risks.
New Mexico has seen modest net domestic migration, with rural areas like McKinley County experiencing stable population levels.
New Mexico is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a written disclosure statement regarding the condition of the property.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Features iconic red sandstone formations and hosts major cultural events.
Historic district known for Native American arts and trading posts.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.