Home Values

Bisbee Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$103,200

  • 2.9% 1-year change
  • None 1-year forecast

The median home value in Bisbee is $103,200. Bisbee home values have gone up 2.9% over the past year. The median list price per square foot in Bisbee is None.

Foreclosures will be a factor impacting home values in the next several years. In Bisbee 1.7 homes are foreclosed (per 10,000). This is lower than the national value of 3.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Bisbee is 4.1%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Bisbee homeowners underwater on their mortgage is 27.5%.

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Relative ZHVI
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Bisbee Market Overview

Data through Mar 31, 2015
  • $103,200 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No recent data Median sale price
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Bisbee Market Health

Data through Mar 31, 2015
  • 4.6/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 27.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.7 homes Bisbee
3 homes United States
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Nearby Cities

Name Median ZHVI
Hereford $190,900
Sierra Vista $153,300
Saint David $134,300
Name Median ZHVI
Benson $109,000
Tombstone $104,700
Huachuca City $91,100
Name Median ZHVI
Pearce $88,000
Douglas $75,400
 

Listings & Sales

  • No data
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Bisbee Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $760 Bisbee
    $915 Sierra Vista Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.58 Rent list price / sq ft
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