Gallup, NM (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Gallup, NM Metro in February 2026 was 57. The month over month percentage change (MoM) was -5.00%, and the year over year percentage change (YoY) was -10.94%.

The chart below shows the trend of the market heat index for the Gallup, NM metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Gallup, NM metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Gallup, NM (Metro) - Trend of Market Heat Index for All Homes
Gallup, NM (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 37 NaN NaN
Feb 2018 48 29.73 NaN
Mar 2018 51 6.25 NaN
Apr 2018 42 -17.65 NaN
May 2018 43 2.38 NaN
Jun 2018 53 23.26 NaN
Jul 2018 52 -1.89 NaN
Aug 2018 0 -100.00 NaN
Sep 2018 40 Infinity NaN
Oct 2018 0 -100.00 NaN
Nov 2018 37 Infinity NaN
Dec 2018 42 13.51 NaN
Jan 2019 0 -100.00 -100.00
Feb 2019 0 NaN -100.00
Mar 2019 0 NaN -100.00
Apr 2019 58 Infinity 38.10
May 2019 63 8.62 46.51
Jun 2019 57 -9.52 7.55
Jul 2019 51 -10.53 -1.92
Aug 2019 51 0.00 Infinity
Sep 2019 52 1.96 30.00
Oct 2019 50 -3.85 Infinity
Nov 2019 60 20.00 62.16
Dec 2019 0 -100.00 -100.00
Jan 2020 0 NaN NaN
Feb 2020 58 Infinity Infinity
Mar 2020 63 8.62 Infinity
Apr 2020 69 9.52 18.97
May 2020 74 7.25 17.46
Jun 2020 73 -1.35 28.07
Jul 2020 0 -100.00 -100.00
Aug 2020 66 Infinity 29.41
Sep 2020 75 13.64 44.23
Oct 2020 73 -2.67 46.00
Nov 2020 74 1.37 23.33
Dec 2020 66 -10.81 Infinity
Jan 2021 73 10.61 Infinity
Feb 2021 78 6.85 34.48
Mar 2021 0 -100.00 -100.00
Apr 2021 85 Infinity 23.19
May 2021 0 -100.00 -100.00
Jun 2021 78 Infinity 6.85
Jul 2021 77 -1.28 Infinity
Aug 2021 66 -14.29 0.00
Sep 2021 64 -3.03 -14.67
Oct 2021 69 7.81 -5.48
Nov 2021 0 -100.00 -100.00
Dec 2021 79 Infinity 19.70
Jan 2022 69 -12.66 -5.48
Feb 2022 62 -10.14 -20.51
Mar 2022 72 16.13 Infinity
Apr 2022 77 6.94 -9.41
May 2022 81 5.20 Infinity
Jun 2022 82 1.24 5.13
Jul 2022 84 2.44 9.09
Aug 2022 73 -13.09 10.61
Sep 2022 78 6.85 21.88
Oct 2022 83 6.41 20.29
Nov 2022 0 -100.00 NaN
Dec 2022 0 NaN -100.00
Jan 2023 92 Infinity 33.33
Feb 2023 80 -13.04 29.03
Mar 2023 78 -2.50 8.33
Apr 2023 75 -3.85 -2.60
May 2023 78 4.00 -3.70
Jun 2023 71 -8.97 -13.41
Jul 2023 77 8.45 -8.33
Aug 2023 83 7.79 13.70
Sep 2023 79 -4.82 1.28
Oct 2023 64 -18.99 -22.89
Nov 2023 64 0.00 Infinity
Dec 2023 72 12.50 Infinity
Jan 2024 79 9.72 -14.13
Feb 2024 67 -15.19 -16.25
Mar 2024 64 -4.48 -17.95
Apr 2024 69 7.81 -8.00
May 2024 81 17.39 3.85
Jun 2024 73 -9.88 2.82
Jul 2024 72 -1.37 -6.49
Aug 2024 73 1.39 -12.05
Sep 2024 76 4.11 -3.80
Oct 2024 68 -10.53 6.25
Nov 2024 65 -4.41 1.56
Dec 2024 59 -9.23 -18.06
Jan 2025 63 6.78 -20.25
Feb 2025 64 1.59 -4.48
Mar 2025 59 -7.81 -7.81
Apr 2025 56 -5.08 -18.84
May 2025 58 3.57 -28.39
Jun 2025 61 5.17 -16.44
Jul 2025 64 4.92 -11.11
Aug 2025 63 -1.56 -13.70
Sep 2025 57 -9.52 -25.00
Oct 2025 63 10.53 -7.35
Nov 2025 69 9.52 6.15
Dec 2025 71 2.90 20.34
Jan 2026 60 -15.49 -4.76
Feb 2026 57 -5.00 -10.94