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

$100,700

  • 1.6% 1-year change
  • None 1-year forecast

The median home value in Bisbee is $100,700. Bisbee home values have gone up 1.6% over the past year. The median list price per square foot in Bisbee is $89, which is lower than the Sierra Vista Metro average of $93. The median price of homes currently listed in Bisbee is $125,000 while the median price of homes that sold is $100,000. The median rent price in Bisbee is $700, which is lower than the Sierra Vista Metro median of $950.

Foreclosures will be a factor impacting home values in the next several years. In Bisbee 2.5 homes are foreclosed (per 10,000). This is lower than the national value of 4.2

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 3.7%, which is lower than the national value of 6.4%. 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 28.6%.

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Relative ZHVI
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Bisbee Market Overview

Data through Nov 30, 2014
  • $100,700 ZHVI
  • No data 1-yr forecast
  • $125,000 Median listing price
  • No recent data Median sale price
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Bisbee Market Health

Data through Nov 30, 2014
  • 3.2/10 Less healthy
    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.
  • No data Average days on Zillow
  • 28.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.5 homes Bisbee
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Hereford $199,200
Sierra Vista $152,500
Saint David $134,200
Name Median ZHVI
Benson $114,200
Tombstone $108,700
Huachuca City $91,900
Name Median ZHVI
Pearce $89,700
Douglas $82,300
 

Listings & Sales

Data through Nov 30, 2014
  • $89 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
40.0%
Sold below listing
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Bisbee Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $754 Bisbee
    $918 Sierra Vista Metro
    $1,342 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)
  • $700 Rent list price
  • $0.66 Rent list price / sq ft
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