87301 — Gallup, NM Home Values
Typical home value $225,408 as of June 2026 · 1st of 1 in Gallup, NM
Blue: typical home value (Zillow ZHVI) in ZIP code 87301, June 2021 to June 2026. This page shows observed data only; no forecast.
How 87301 compares in the Gallup, NM area
ZIP code 87301 (Gallup, NM) has a typical home value of $225,408 as of June 2026, ranking 1st of 1 ZIP codes tracked in the Gallup, NM area, the most expensive ZIP code in the metro. Prices here have moved -0.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +10.5%, from $203,904 in June 2021 to $225,408 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Gallup, NM forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Gallup.
Population and demographics
ZIP code 87301 has a population of 21,981, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 42.8% American Indian or Alaska Native, 31% Hispanic or Latino, 17.9% White, 3.4% Asian, 3.2% two or more races, 1.4% Black or African American, 0.2% Native Hawaiian or Pacific Islander, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| GALLUP CENTRAL ALTERNATIVE | 325 MARGUERITE ST, GALLUP, NM | 0.5 mi |
| STAGECOACH ELEMENTARY | 1498 FREEDOM DR, GALLUP, NM | 0.9 mi |
| LINCOLN ELEMENTARY | 502 OLD ZUNI RD, GALLUP, NM | 0.9 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 87301?
$225,408 as of June 2026, the latest month Zillow has published observed data for.
Is 87301 an expensive ZIP code in the Gallup, NM area?
87301 ranks 1st of 1 ZIP codes in the Gallup, NM area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 87301 changed over the past year?
-0.5% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 87301?
21,981, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 87301?
GALLUP CENTRAL ALTERNATIVE (0.5 mi), STAGECOACH ELEMENTARY (0.9 mi), LINCOLN ELEMENTARY (0.9 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 87301?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Gallup, NM forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.