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Market MapGallup, NM
Metropolitan Area

Gallup, NM

New Mexico0
59
/100
Hold
#548 of 894 metros
Top 61% nationally for investing

Market Snapshot

$221,211
Median Home Price
13% below national median
$13,051/mo
Est. Rent
Based on regional data
5.90%
Rent-to-Price Ratio
Estimated from price data
-$1,160
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
59/100
59
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
47/100

Based on -1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
83/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Declining home values (-1.0% YoY)
  • -Negative cash flow at typical financing (-$1,160/mo)
  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)

Counties in Gallup, NM

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Norwalk, OH
Norwalk, OH
79$198,411$1,4878.99%Strong BuyView
Dumas, TX
Dumas, TX
79$188,966Est.Strong BuyView
Marion, OH
Marion, OH
79$183,033$1,2678.31%Strong BuyView
Portsmouth, OH
Portsmouth, OH
79$144,773Est.Strong BuyView
Kinston, NC
Kinston, NC
79$156,285$1,0428.00%Strong BuyView
Current
Gallup, NM
59$221,211Est.Hold

The Bottom Line

HoldGallup, NM is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Gallup, NM metro area scores 59/100, ranking #548 of 894 US metros (top 61%). Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-1,160/mo
Cap Rate
0.0%
Cash-on-Cash
-31.5%

Ready to Invest in Gallup, NM?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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