Gallup, NM

Population: 22,261
Average annual home appreciation rate: 4.98%
Total of homes for sale in this market: 3
Median home price: $131,782
Median Rent: $595 per room
Home price range: 41.91% of homes are between $101,001 – $202,000
Median sales price: NO DATA
Number of homes: 1
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 61.45% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 21.80%
Number of renters: 40.79%
Number of owner occupied: 59.21%
Number people living below poverty level: 21.91%
Unemployment rate: 9.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Gallup area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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