Bisbee, AZ is an attractive housing market due to its median value of $196,000, which is significantly lower than the US median value of $338,100. Furthermore, the 1 year house appreciation in Bisbee is 16.45%, while the national appreciation rate is only 8.27%. This makes Bisbee a desirable location for those looking to purchase a home and see returns on their investment in a short amount of time.
The median home cost in Bisbee is $196,000. Home appreciation the last 10 years has been 88.3%. Home Appreciation in Bisbee is up 18.2%.
Average Age of Homes
- The median age of Bisbee real estate is 78 years old
The Rental Market in Bisbee
- Renters make up 26.4% of the Bisbee population
- 2.2% of houses and apartments in Bisbee, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.