The story of this market
The typical home in ZIP 87317 sells for about $165,000, or $135 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 87317 — Gamerco
The housing market in 87317 remains stable with low inventory and modest price appreciation. Market activity is driven by local demand in the Gallup area, with limited new construction keeping supply tight. Figures for specific metrics like price cuts are estimated based on regional trends as ZIP-level data is not explicitly published.
This ZIP is best suited for local workers in the Gallup area seeking affordable housing and families looking for a quiet, rural-adjacent lifestyle.
Median prices moved up 2.5% year over year.
Homes spend a median of 88 days on market with 4.2 months of supply — a balanced-paced market.
15% 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 7.5% · poverty 22.0% — 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 4.1%/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 4.0%/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 87317, McKinley County NM
Crime data for this unincorporated community is not determinable at the ZIP level; it is generally managed by the McKinley County Sheriff's Office.
Schools serving this area are part of the Gallup-McKinley County Public Schools district, which faces challenges typical of rural, high-poverty regions in New Mexico.
The area is subject to high-desert climate risks including wildfire potential and occasional flash flooding; insurance availability is standard for rural McKinley County.
Economic momentum is limited, with the area serving primarily as a residential enclave near Gallup; there are no major corporate developments currently reported within the ZIP.
Property taxes are assessed by McKinley County based on the state's valuation formula; there are no specific MUDs or PIDs reported for this unincorporated area.
Residents primarily commute via US-491 or I-40 toward Gallup for employment, with most trips taking 10-15 minutes.
Recreational options are limited within the ZIP, though residents have access to the broader outdoor amenities of the Red Rock Park area and nearby national forests.
The rental market is thin with low turnover; most rental stock consists of older single-family homes or mobile home lots.
The economy is heavily tied to the Gallup regional hub, with major sectors including healthcare, education, and government services.
Public transit is limited; the area is car-dependent with access to I-40 and US-491 as primary corridors.
There are no major commercial or residential developments currently approved or under construction within the ZIP boundaries.
McKinley County Assessor manages property valuations; assessments are generally conservative and reflect rural market conditions.
Parcels are served by the Gallup-McKinley County School District and local utility cooperatives.
Property insurance premiums are influenced by wildfire risk and the rural nature of the geography.
New Mexico has seen modest net domestic migration, with rural areas like McKinley County experiencing stable or slightly declining populations.
New Mexico is a judicial foreclosure state, requiring court action to complete the foreclosure process.
Sellers are required to provide a property disclosure statement covering known material defects at the time of sale.
Data retrieved from data.census.gov ZCTA 87317 profile.
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.
Located nearby, offering hiking trails and cultural events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.