Is Globe, AZ 85501 a buyer’s or seller’s market?
Globe is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 20% of U.S. ZIP codes, and #132 of 231 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Globe housing market right now
In the three months ending August 31, 2026, 12% of homes in Globe, AZ 85501 sold above their list price, the typical home went under contract in 49 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (69 days then) and the median sale price rose 16% to $207,910. Overall, Globe is more competitive than a year ago, so tougher for buyers.
Within Gila County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Globe ranks #132 of 231 AZ ZIP codes with enough sales (score 25 out of 100).
Nearby, buyers who want less competition could look at Young 85554 (0% sold over asking) or Tonto Basin 85553 (0% sold over asking), while Miami 85539 (17% sold over asking) is even more competitive.
Run the numbers for 85501
Nearby markets
Hayden 85135Seller’s market — /sq ftMiami 85539Balanced $174 /sq ftPayson 85541Buyer’s market $298 /sq ftPine 85544Balanced $354 /sq ft Browse all markets →Towns like Globe nearby
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Questions about Globe real estate
Is Globe a buyer’s or seller’s market?
A balanced market: there were 4.7 months of supply in Globe, AZ 85501 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Globe?
The typical home went under contract in 49 days in the latest three months.
Do homes in Globe sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Globe?
About 0.51% of a home’s value a year in Gila County, or roughly $2,040 on a $400,000 home.
What is the median home price in Globe?
The median sale price was $207,910 in the three months ending August 31, 2026, about $137 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology