Is Gallina, NM 87017 a buyer’s or seller’s market?
Gallina is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Gallina housing market right now
In the three months ending August 31, 2026, 0% of homes in Gallina, NM 87017 sold above their list price and the typical home went under contract in 73 days. With only 1 sale, these figures can swing a lot from month to month.
Within Rio Arriba County, homes here sell more slowly than in 55% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, El Rito 87530 (50% sold over asking) and Espanola 87532 (38% sold over asking) are even more competitive.
Run the numbers for 87017
Nearby markets
Abiquiu 87510Buyer’s market $209 /sq ftAlcalde 87511 — /sq ftBlanco 87412Buyer’s market $156 /sq ftCanjilon 87515 — /sq ft Browse all markets →Where Gallina is
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Questions about Gallina real estate
How fast do homes sell in Gallina?
The typical home went under contract in 73 days in the latest three months.
Do homes in Gallina sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.7% of the list price.
What are property taxes in Gallina?
About 0.42% of a home’s value a year in Rio Arriba County, or roughly $1,680 on a $400,000 home.
What is the median home price in Gallina?
The median sale price was $549,762 in the three months ending August 31, 2026, about $350 per square foot.
Local agents
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More tools for 87017
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology