Zip 85501 (Globe, AZ) Housing

The housing market in 85501 Globe, AZ is very impressive. The median value of a house in this area is $205,900, which is significantly lower than the US house median value of $338,100. Furthermore, the rate of house appreciation year-over-year in 85501 Globe is 14.29%, which is considerably higher than the US 1 year house appreciation rate of 8.27%. This indicates that investing in real estate in 85501 Globe could be a great move for potential buyers and investors looking to get into the housing market.

The median home cost in Globe (zip 85501) is $205,900. Home appreciation the last 10 years has been 138.7%. Home Appreciation in Globe (zip 85501) is up 18.9%.

Average Age of Homes

- The median age of Globe (zip 85501) real estate is 45 years old

The Rental Market in Globe (zip 85501)

- Renters make up 26.7% of the Globe (zip 85501) population
- 0.5% of houses and apartments in Globe (zip 85501), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Globe, Arizona	United States
	6,293.0	139,647,020.0
	49	42
	$205,900	$338,100
	18.9%	16.6%
	82.9%	57.0%
	138.7%	101.1%
	$7.33	$10.98
	$912	$2,690
	59.5%	57.4%
	17.7%	11.2%
	22.8%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.2%	0.4%
	0.9%	3.6%
	15.0%	4.1%
Value of Owner-Occupied Housing
	13.2%	2.6%
	5.8%	2.4%
	2.3%	2.8%
	4.5%	3.9%
	13.1%	4.5%
	20.0%	11.3%
	16.9%	13.0%
	12.6%	20.1%
	7.2%	13.6%
	2.2%	8.3%
	1.9%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.8%	13.6%
	9.8%	13.6%
	9.2%	13.6%
	9.6%	13.2%
	20.7%	14.8%
	9.2%	13.6%
	10.5%	10.0%
	4.9%	4.7%
	15.0%	12.2%

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