Is Globe, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Globe is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Globe has remained a Seller's Market.

Key Takeaway

Globe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Globe, AZ

How much do homes in Globe, AZ cost?

Median Sold Price

$210,500

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$18,500(-8.1%)

Key Takeaway

Homes in Globe have sold for 8.1% less than they did a year ago.

Summary: The median home sold price in Globe was $210,500 in October 2024, down 8.1% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $59.9K$105K
+75.3%
2 $165K$180K
+9.1%
3 $249K$245K
-1.6%
4 $352.5K$297K
-15.7%
5+ $365.5K$410K
+12.2%

Summary: Globe housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.3%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes increased by 12.2%.

Median Sold Price Compared To Nearby Cities

Globe-Miami
+0.6%
Globe
-8.1%

Housing Supply in Globe, AZ

How many homes are available in Globe, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
28280.0%

Summary: The Globe real estate market had 28 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 911
+22.2%
3 128
-33.3%
4 68
+33.3%
5+ 00
0.0%

Summary: The Globe housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Globe, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Globe in October 2024, up by 125.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.

Days on Market for Globe, AZ

How long does it take to sell a home in Globe, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
124 Days90 Days-27.2%

Summary: Homes in Globe had an average of 90 days on market in Oct 2024, down by 27.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Globe has remained consistent over time.

Summary: During October 2024, 9 homes were sold in Globe; 11% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Globe, AZ

Nearby Markets to Globe, AZ

What housing markets are near Globe, AZ?