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Home values, rents and more in ZIP code 87301 (Gallup, NM)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$219,000
Metro: $216,000 · U.S.: $366,000
Home values, past year
−1.6%
Metro: −2.1% · U.S.: +1.2%
Population
21,755
ACS 2020–24
Median household income
$58,772
Metro: $47,668 · U.S.: $80,734
ZIP codes around 87301, shaded by typical home value8730187319873118737587305873168732287317
  • Under $0k
  • No data
ZIP codes around 87301, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 87301 is outlined.

How 87301 compares

The typical home in ZIP code 87301 (Gallup, NM) is worth about $219,000, according to the Zillow Home Value Index for September 2026. Home values in 87301 are about the same as the typical value in the Gallup metro area ($216,000) and 40% below the U.S. typical value ($366,000).

Over the past year, home values in 87301 fell 1.6%, compared with −2.1% in the Gallup metro area and +1.2% nationally.

The median household income is $58,772, against $47,668 in the Gallup metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 21,755 people live in 87301 (American Community Survey 2020–24).

87301 has the 45th-lowest typical home value of the 152 ZIP codes in New Mexico with Zillow figures.

Part of: Gallup, NM · McKinley County, NM · Gallup metro area · New Mexico

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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