Land and home values in McKinley County, New Mexico
McKinley County (small town, Gallup, NM) covers 5,451 square miles and 33 census tracts. Residential land is about $5.15 per sq ft at the county median, from $1.59 in its most rural tracts to $10.50 in its most valuable. The typical home is worth about $86,800 and a 2-bedroom rents for about $1,090 a month, as of October 12, 2026.
Open on the satellite mapAll of New MexicoCounty values
| Land: residential | $5.15 | per sq ft |
| Land: residential | $224,160 | per acre |
| Land: quarter-acre lot | $56,040 | 10,890 sq ft |
| Land: farmland | $676 | per acre |
| Home: typical (median) | $86,800 | value |
| Home: entry-level | $34,900 | lower quartile |
| Home: upper-end | $149,000 | upper quartile |
| Build new | $177 | per sq ft, no land |
| Rent: 1-bedroom | $890 | per month |
| Rent: 2-bedroom | $1,090 | per month |
| Rent: 3-bedroom | $1,350 | per month |
| Rent: 4-bedroom | $1,500 | per month |
| Gross yield, 2-bed | 15.1% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Small town | 6 | $5.97 | $167,000 | $1,100 |
| Rural | 12 | $5.35 | $86,800 | $1,090 |
| Farmland | 15 | $4.26 | $68,400 | $1,180 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Cities and towns
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Tse Bonito Mobile Home Park | Subdivision | $12.70 | $88,600 |
| Catalpa Canyon | Community | $8.42 | $198,000 |
| Pigeon Spring NHA | Subdivision | $7.60 | $75,100 |
| Tse Bonito | Community | $7.39 | $19,500 |
| McGaffey | Community | $7.21 | $140,000 |
| Timberlake | Community | $6.82 | $109,000 |
| Borrego Pass | Community | $6.71 | $93,100 |
| Red Rock Ranch | Community | $6.37 | $102,000 |
Questions people ask
How much is land worth in McKinley County, NM?
Residential land in McKinley County, NM is about $5.15 per square foot, or $224,160 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $56,040. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in McKinley County, NM?
The typical (median) home in McKinley County, NM is worth about $86,800, with entry-level homes around $34,900 and upper-end homes around $149,000, as of October 2026.
How much is rent in McKinley County, NM?
A 2-bedroom rents for about $1,090 a month in McKinley County, NM, a 1-bedroom about $890 and a 3-bedroom about $1,350 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in McKinley County, NM?
Farmland averages about $676 an acre in McKinley County, NM (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.