Globe Arizona Real Estate Market Report — May 2026
Globe Arizona Real Estate in May 2026 continues the small-market reset that started last year. The median single-family sale price sits at roughly $295,000… about $178 per square foot… well under the Arizona statewide median and a fraction of Phoenix metro pricing. Inventory has held steady in the 45 to 55 active-home range, days on market average around 90 days, and sale-to-list ratios run 96 to 97 percent. This is a buyer-leverage market with negotiating room, anchored by Freeport-McMoRan copper operations, Cobre Valley Regional Medical Center, and Gila County government employment. Globe Arizona Real Estate rewards patient buyers who understand the market and sellers who price accurately from day one.
May 2026 Market Snapshot
Median Sale Price $295,000 ▼ 2.5% YoY |
Average Sale Price $312,500 ▼ 3.1% YoY |
Price / Sq Ft $178 ▼ 4.2% YoY |
Homes Sold (Mo) 14 → vs. 15 last year |
Active Listings 52 ▲ Steady 3-mo |
Days on Market 90 → Buyer leverage |
Sale-to-List 96.5% → Below ask |
Months of Supply 3.7 → Buyer-favorable |
Prices & Volume… May 2026
Single-family pricing in Globe Arizona Real Estate has continued to soften modestly over the past twelve months. The May 2026 median of approximately $295,000 represents a roughly 2 to 3 percent year-over-year decline, tracking the broader correction visible across smaller rural Arizona markets. Average sale prices run about $312,500, and per-square-foot pricing at $178 puts Globe among the most accessible markets in the entire state. For context, the Arizona statewide median sits well north of $440,000, meaning Globe trades at roughly 65 to 70 percent of the state benchmark.
Closed-sale volume of 14 homes for May tracks within normal seasonal patterns for Globe, which typically sees 10 to 20 closings per month across the 85501 footprint. Active inventory of 52 homes gives buyers genuine selection… not the multi-bid frenzy of larger metros… and a 3.7 months-of-supply reading places Globe firmly in buyer-favorable territory. Sale-to-list ratios of 96.5 percent confirm what the listing data already shows: sellers are accepting offers below asking, and pricing accuracy from day one is the single biggest variable separating quick closes from extended marketing periods. Globe sellers who get aggressive about pricing… or who deliver a turnkey product in updated condition… continue to find willing buyers. Sellers who anchor to 2022 peak pricing watch their listings stale on the market.
By Zip Code
Globe is a single-zip market for practical purposes. The 85501 standard zip handles all street and parcel delivery, while 85502 is a PO Box zip serving the same geographic footprint. Both zips cover the incorporated city of Globe plus adjacent unincorporated CDPs in southern Gila County.
- 85501 (Globe, Six Shooter Canyon, Wheatfields, Claypool fringe): Median sale price $295,000… down modestly year-over-year. Anchors most active inventory across historic downtown Globe, Pioneer Hills, East Globe, and the Kellner Canyon corridor. Properties span the full range from $150,000 fixer cottages to $700,000 plus custom acreage builds.
- 85502 (PO Box zip): No standard delivery footprint. Used for PO Box mail in Globe. No real estate transactions close under 85502 as a property zip… it’s a mail designation only.
Globe Neighborhoods & Subdivisions
Globe is a small incorporated city of roughly 7,500 residents covering about 18 square miles. It does not have master-planned subdivisions in the Phoenix metro sense. Instead, Globe is organized into a handful of named neighborhoods and historic districts inside the city limits, surrounded by adjacent unincorporated CDPs that share the 85501 zip but sit in county jurisdiction. Knowing which side of the line a property sits on… incorporated city versus unincorporated county… shapes everything from property taxes to school assignments to first-responder coverage.
Pioneer Hills
One of Globe’s most desirable established residential pockets inside the city limits. Brick and block-construction homes from the 1960s and 1970s, many with mountain views and updated interiors. Walkable to downtown, served by Globe Unified District.
Globe Townsite / Historic Downtown
The original 1876 city core along Broad Street and Hill Street. Craftsman bungalows, historic brick storefronts converted to residential, and an active downtown walkability factor that no newer Globe neighborhood offers. Strong owner-occupant appeal for character-driven buyers.
East Globe
Established residential neighborhood inside the city limits east of downtown. Mix of mid-century single-family homes, modest lot sizes, and convenient access to US-60 east toward San Carlos. CrimeGrade data places this section in the city’s middle safety range.
Kellner Canyon
South-facing canyon corridor between Globe and the Pinal Mountains. Larger lots, more privacy, and the feel of forest-edge living while still within Globe city limits. Custom builds and acreage properties dominate, with seasonal creek frontage on select parcels.
Adjacent unincorporated communities that share the 85501 mailing address but sit OUTSIDE Globe city limits include Six Shooter Canyon (Gila County CDP, served by Gila County Sheriff), Icehouse Canyon (Gila County CDP), Wheatfields, Copper Hill, Central Heights-Midland City, Pinal, and the El Capitan area east of city limits. Properties in these areas may show “Globe, AZ” in the mailing address but operate under county jurisdiction for property tax, law enforcement, fire response, and zoning. Always confirm the actual jurisdiction before assuming city services apply.
Globe’s Neighboring Cities & Surrounding Markets
Globe sits within Gila County… the Central Arizona region. The county splits geographically into two distinct submarkets: the Globe-Miami mining district at the southern end (Globe, Miami, Superior, Hayden, Winkelman, Mammoth, Kearny), and the Rim Country pine corridor to the north (Payson, Star Valley). Buyers researching Globe almost always benchmark against these neighbors before deciding.
Explore All of Gila County Real Estate
Gila County covers 4,796 square miles from the Rim Country pines north of Payson down through the Globe-Miami copper mining district. Get the full county hub view: every published city, school districts, employers, climate, and the market data buyers use to compare Globe against the rest of the county.
▶Gila County Real Estate Guide◀Schools & School Districts
Per the Arizona Department of Education FY25 A-F Letter Grades release (April 15, 2026), Globe Unified District earned a C district LEA grade, and the adjacent Miami Unified District (which serves the western communities and overlaps the broader Globe-Miami zone) also earned a C district LEA grade. Globe’s school footprint is small but structured: one elementary, one middle school, and one high school inside Globe Unified, plus charter and alternative options that physically operate from 85501 addresses.
Globe Unified District… C-Rated District
Globe Unified District operates four schools serving the city of Globe and immediately surrounding unincorporated areas. Per ADE FY25 official data, Copper Rim Elementary School posted the district’s strongest K-8 performance with 60.09 total points earned and a C letter grade. High Desert Middle School earned 60.53 total points but landed at a D letter grade under the FY25 scoring model. Globe High School, the district’s only high school, earned a C letter grade with 57.39 total points and a 10.00 graduation rate score. The district’s overall C LEA grade reflects a small rural system working with the resources typical of an established but lightly funded mining-economy district.
Miami Unified District (Western Adjacent)… C-Rated District
Miami Unified District serves the western Globe-Miami corridor including Claypool, Central Heights-Midland City, and Miami proper. Per ADE FY25 official data, Lee Kornegay Intermediate School earned 58.70 total points and a C letter grade, and Miami Junior Senior High School (a hybrid 7-12 campus) earned a C letter grade with 54.64 hybrid total points earned. Buyers shopping the western edge of the 85501 zip footprint should verify exactly which district will serve their parcel before assuming Globe Unified attendance.
Copper Rim Elementary School
Per ADE FY25 official data, Copper Rim Elementary earned a C letter grade with 60.09 total points earned out of 90 eligible. The district’s top-scoring K-8 campus. Address: 1600 Mesquite, Globe, AZ 85501.
ADE C 60.09 pts K-8High Desert Middle School
Per ADE FY25 official data, High Desert Middle School earned a D letter grade with 60.53 total points earned out of 90 eligible. Address: 4000 High Desert, Globe, AZ 85501.
ADE D 60.53 pts MiddleGlobe High School
Per ADE FY25 official data, Globe High School earned a C letter grade with 57.39 total points earned out of 100 eligible, including a perfect 10.00 graduation rate score. The district’s only comprehensive high school.
ADE C 57.39 pts Grad 10.0Lee Kornegay Intermediate
Per ADE FY25 official data, Lee Kornegay Intermediate earned a C letter grade with 58.70 total points earned out of 90 eligible. Serves the western Globe-Miami corridor including Claypool. Verify district assignment before purchase.
ADE C 58.70 pts Miami USDSchool zone verification reminder: The 85501 zip footprint crosses district boundaries. A “Globe” mailing address does not automatically mean Globe Unified District assignment. Buyers prioritizing a specific district should confirm parcel-level attendance with the district office before submitting any offer.
Source note: All letter grades on this page reflect the official Arizona Department of Education FY25 A-F release (April 15, 2026), the most current state-issued data available. Third-party aggregators (Niche, GreatSchools, SchoolGrade) are secondary references only and do not override official ADE grades.
Safety & Crime in Globe
Safety in Globe is best understood by looking at the data honestly rather than the headlines. CrimeGrade assigns Globe an overall C grade with a 42nd percentile ranking nationally, meaning Globe is safer than 42 percent of US cities and less safe than 58 percent. The crime rate runs roughly 26.84 incidents per 1,000 residents annually, driven primarily by property crime rather than violent crime. Residents consistently describe the southwest part of the city as the safest section, with the central downtown corridor reporting the highest absolute crime counts (a function of foot traffic and commercial activity, not residential risk).
Law Enforcement Jurisdiction in Globe
Globe operates under a layered law enforcement framework that buyers should understand before purchasing. The Globe Police Department, headquartered at 175 N Pine Street, Globe, AZ 85501, holds primary jurisdiction inside the incorporated city limits of Globe and provides routine patrol, investigations, and emergency response across the city’s roughly 18 square miles. Globe PD operates with approximately 30 sworn officers, a per-capita ratio that runs higher than the Arizona state average for small cities. The Gila County Sheriff’s Office, headquartered at 1100 South Street, Globe, AZ 85502, holds primary jurisdiction across all unincorporated areas of Gila County… which includes the adjacent CDPs of Six Shooter Canyon, Icehouse Canyon, Wheatfields, Copper Hill, Pinal, Central Heights-Midland City, and the El Capitan area east of city limits. The Arizona Department of Public Safety handles highway patrol enforcement on US-60, SR-77, SR-88, and SR-188, the four state routes that intersect the Globe area. This layered structure is normal for small Arizona county seats where the city limits cover a fraction of the broader zip footprint… and it ensures jurisdiction coverage at every geographic edge.
Globe Safety Snapshot
CrimeGrade FY2025 projections. Reflects incorporated city of Globe only… unincorporated CDP data tracks separately.
Within Globe city limits, residents and CrimeGrade data agree that the southwest section of the city consistently posts the lowest crime numbers, with a roughly 1 in 56 chance of being a crime victim annually compared to 1 in 19 in the central downtown area. North Globe reports the fewest absolute incidents… about 6 per year… but reflects much smaller population density. Buyers concerned about safety should focus their search on Pioneer Hills, the southwest residential corridor, and the Kellner Canyon area, where established homeownership and lower transient foot traffic translate to noticeably lower incident counts. Property crime (theft, burglary) drives Globe’s overall numbers more than violent crime, and standard deterrents (alarm systems, exterior lighting, smart locks) significantly reduce individual property risk.
Major Employers & Commute
Globe’s economy runs on three legs: copper mining, regional healthcare, and county government. Freeport-McMoRan’s Miami Operations (open-pit copper mine, smelter, and rod mill) sits 6 miles west in Miami / Claypool and remains the single largest private employer in the Globe-Miami district. Capstone Copper’s Pinto Valley Operations, Cobre Valley Regional Medical Center, and Gila County government round out the top four. The cluster of employers within a 30-mile radius supports Globe’s housing demand even when broader Arizona markets soften.
Top employers within commuting distance
The Resolution Copper project in Superior is the regional employment wild card. If the project advances through its final federal permitting phase, it would add thousands of long-term mining and processing jobs within a 30-minute commute of Globe… a development that would materially shift Globe Arizona Real Estate demand. For now, treat Resolution Copper as a long-horizon positive rather than a baseline assumption. Commutes to Phoenix metro for the very small remote-work-with-occasional-office crowd run about 90 to 105 minutes one-way on US-60, which makes hybrid work realistic but daily commuting impractical.
What Globe Residents Say
Drawn from public Niche resident reviews and similar community-survey sources, the recurring themes for Globe residents are remarkably consistent: affordability that no comparable Arizona market matches, genuine four-season weather at elevation, mountain access at the back door, and a small-town familiarity that some buyers actively seek and others have to learn to appreciate.
“We moved from East Mesa for the price point and stayed for the climate. Summer at 3,500 feet is a completely different animal than 1,200 feet… we actually open windows in July. The downtown has character you cannot buy in a master plan.”
“Everyone in Globe knows everyone. That cuts both ways. If you want urban anonymity, this is the wrong town. If you want neighbors who actually show up when your truck won’t start, it is the right one.”
“Freeport mining wages keep this town’s economy running through every Arizona real estate cycle. Even when Phoenix is correcting, the mine is hiring. That is the part outsiders miss about Globe.”
“Pinal Mountains hiking out the back door, Roosevelt Lake 30 minutes north, Salt River Canyon 40 minutes east. We spent $310,000 on a 3-bedroom with views you cannot find anywhere in Arizona at that price.”
Why Globe Arizona Real Estate Matters in 2026
Globe is one of the very few Arizona markets where a detached single-family home under $300,000 with mountain views, four-season weather at elevation, and direct national forest access still exists. That is not a marketing claim. That is the closed-sales record. As Phoenix metro and Tucson metro affordability continues to deteriorate, Globe represents the kind of small-market value proposition that quietly attracts a specific buyer profile every cycle: copper-industry workers, healthcare professionals at Cobre Valley, retirees seeking elevation and lower cost of living, and a growing slice of remote workers willing to trade urban convenience for $178-per-square-foot pricing and a back-door trailhead.
Key drivers supporting Globe Arizona Real Estate include:
- Affordability gap is widening, not closing… Arizona’s statewide median sits above $440,000 while Globe holds near $295,000. That gap creates persistent inbound demand from priced-out metro buyers.
- Copper-industry employment anchor… Freeport-McMoRan and Capstone Copper provide hundreds of stable, well-paying jobs within a 30-minute commute. Mining wages do not track Phoenix metro housing cycles.
- Resolution Copper long-horizon upside… if Resolution Copper in Superior advances, the Globe-Miami corridor becomes a frontline housing market for thousands of new mining jobs.
- Elevation climate at 3,500 feet… summer highs run 10 to 15 degrees cooler than Phoenix. Winter brings genuine four-season weather including occasional snow. This matters more every year as Phoenix summers intensify.
- Tonto National Forest on the back door… the Pinal Mountains, Pinal Peak (7,848 feet), Roosevelt Lake, and the Salt River Canyon are all within 40 minutes. Outdoor lifestyle access at this price point is unmatched in Arizona.
- Cobre Valley Regional Medical Center stability… a fully accredited regional hospital inside the city limits anchors hundreds of healthcare jobs and supports population stability across the broader Globe-Miami district.
- County seat status… Globe houses the Gila County government complex, courts, sheriff’s office headquarters, and supporting professional-services employment that does not exist in surrounding small towns.
- Genuine historic character… the 1906 Gila County Courthouse, downtown brick storefronts, and Besh-Ba-Gowah Archaeological Park give Globe an authenticity that newer Arizona master plans simply cannot replicate.
- Remote-work in-migration… light but steady. Buyers from Phoenix, Tucson, and out-of-state are quietly discovering Globe as the broadband infrastructure improves and hybrid work becomes normalized.
- Inventory still favors buyers… 45 to 55 active homes at 3.7 months of supply means patient buyers can find the right property without the multi-offer chaos of larger metros.
Globe Arizona Real Estate is not a speculative play. It is a value play built on real economic fundamentals… mining wages, regional healthcare, county government, and a climate-driven lifestyle that Phoenix-priced buyers increasingly want. The buyers who win in this market understand it for what it is: not the next boom town, but a durable small-market where $295,000 still buys something genuine.
May 2026… Buyer & Seller Takeaways
- Buyers: 3.7 months of supply, 90-day average DOM, and 96.5% sale-to-list ratios mean you have leverage. Expect to negotiate. Inspect aggressively given Globe’s older housing stock and ask for repair credits or price reductions.
- Sellers: $295,000 median is the data, not 2022 peak pricing. Anchor to current comps from the last 90 days, deliver turnkey condition, and budget for 8 to 12 weeks marketing time. Overpriced listings stale.
- Mining industry households: Globe and Pioneer Hills offer the best resale liquidity. Stay inside Globe city limits if you may relocate within 3 to 5 years for a copper-industry move.
- Retirees: Elevation climate at 3,500 feet, low property taxes, and affordable healthcare access at Cobre Valley make Globe a legitimate alternative to higher-priced retirement markets like Prescott or Sedona.
- Remote workers: Verify broadband at the parcel level BEFORE submitting an offer. Globe broadband is improving but not uniform across all neighborhoods, and rural 85501 parcels may rely on fixed wireless or satellite.
- Acreage / off-grid buyers: The 85501 zip extends well into unincorporated Gila County. Build budgets should include well, septic, propane, and power-extension costs that don’t exist inside city limits.
Frequently Asked Questions
The median single-family sale price in Globe in May 2026 is approximately $295,000, with homes averaging around $178 per square foot. Globe remains one of the most affordable established markets in Arizona, sitting well below the statewide median and offering buyers genuine entry-level pricing in a four-season climate.
Globe earns a C overall safety grade from CrimeGrade and ranks in the 42nd percentile nationally for safety. Property crime drives the overall rate while violent crime risk runs around 1 in 124 residents annually. Residents report the southwest part of the city as the safest area. Globe Police Department covers the incorporated city, with the Gila County Sheriff’s Office covering the adjacent unincorporated CDPs of Six Shooter Canyon, Icehouse Canyon, Wheatfields, and Claypool.
Globe is served primarily by Globe Unified District, which earned a C district LEA grade in the ADE FY25 A-F release. Core campuses include Copper Rim Elementary (C grade), High Desert Middle School (D grade), and Globe High School (C grade). Miami Unified District serves the adjacent western communities. Charter and alternative options operate from 85501 addresses as well.
Globe uses zip code 85501 as its single standard mailing zip. Zip 85502 is a PO Box zip also located in Globe. The 85501 zip footprint extends well beyond Globe’s actual incorporated city limits and covers adjacent unincorporated CDPs including Six Shooter Canyon, Icehouse Canyon, Wheatfields, Copper Hill, Pinal, Central Heights-Midland City, and parts of Claypool.
Globe does not have organized production builder communities. The market is overwhelmingly resale, with occasional one-off custom builds on acreage parcels in El Capitan and Kellner Canyon. Buyers seeking new construction inventory typically look toward Phoenix metro production builders or explore custom land-and-build packages with regional builders.
Globe’s economy is anchored by Freeport-McMoRan Miami Operations (copper smelter and rod mill 6 miles west), Capstone Copper Pinto Valley Operations, Cobre Valley Regional Medical Center, Gila County government, the Globe-Miami Unified school districts, Walmart, and Safeway. Resolution Copper in Superior is an emerging long-horizon employer the Globe-Miami region monitors closely.
Globe is a single-family detached market. Attached condo and townhome inventory is essentially nonexistent at the active-listing level, and condos do not represent a meaningful share of monthly closed sales. Buyers seeking attached housing typically look toward Phoenix metro East Valley submarkets.
Globe matters because it is one of the few Arizona markets where a sub-$300,000 detached home with mountain views, four-season climate at 3,500 feet elevation, and direct Tonto National Forest access still exists. Copper-industry employment provides economic stability, and remote-work demand from Phoenix continues to feed light inbound migration. For sellers, accurate pricing wins. For buyers, leverage favors them in the current cycle.
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Globe Business & Commercial Real Estate
Globe’s commercial real estate market is small but functional. Downtown Globe along Broad Street and Hill Street hosts the bulk of retail and office inventory, including converted historic brick storefronts available for sale or lease. Industrial activity concentrates around the US-60 corridor and the Freeport-McMoRan operational footprint west of the city. Cap rates trade higher than Phoenix metro… typical of small rural markets… and pricing per square foot remains a fraction of Phoenix-metro commercial benchmarks.
For commercial transactions and business sales, you need specialists… not residential agents handling commercial deals on the side. Here’s what’s actually moving in this market right now:
Office Lease Rates $10 to $18 → Annual NNN range |
Retail Lease Rates $12 to $20 → Annual NNN range |
Industrial Lease $6 to $10 → Limited inventory |
Cap Rates Trading 7.5% to 9% → Recent sales |
Active Listings 15 to 22 ▲ Lease + sale |
Total Inventory 350K+ SF → Across types |
For Sale Range $200K to $1.5M → Mixed |
Anchor Asset 7,500 SF → Downtown Broad St |
Buying or Selling a Globe Business?
Thinking about buying or selling a Globe business… with or without the real estate? Globe’s small-business economy includes service-sector operators, downtown retail, restaurants, mining-services contractors, and professional offices supporting the broader Globe-Miami district. We have dedicated full-time business brokers who specialize in Arizona business transactions and know how to value, market, and close Globe businesses at maximum value… with complete confidentiality from first conversation through closing day.
▶Talk to a Business Broker◀Buying or Selling a Globe Commercial Building?
Thinking about acquiring or selling a Globe commercial building? Whether it’s a historic Broad Street retail building, an office property near the courthouse complex, or industrial inventory along US-60, we cover the full commercial spectrum in Globe and the broader Gila County market. We have dedicated full-time commercial real estate agents who cover this entire submarket. Don’t trust commercial property to a residential agent who handles it occasionally.
▶Talk to a Commercial Agent◀
Buying a Business, Fix & Flip, or Commercial Building in Globe?
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▶Get Funded at 75BizLoans.com◀Methodology & Sources
Coverage area: Globe Arizona Real Estate across zip codes 85501 and 85502, with primary focus on the incorporated city of Globe and supporting context for adjacent unincorporated Gila County CDPs sharing the 85501 mailing address.
Data sources: Monthly closed-sale and active-listing data is compiled from local sales records and verified across multiple area data sources before publication. Public records, builder sales centers, and city planning documents are used for new construction figures and address verification. School ratings are drawn from the Arizona Department of Education state report cards (FY25 official release), Niche, GreatSchools, and SchoolGrade. Crime data comes from CrimeGrade, AreaVibes, and FBI Uniform Crime Reports.
Update cadence: This report is rebuilt the moment new market data is released each month, typically between the 7th and the 10th. Reported figures reflect the most recent complete monthly cut available at publication. Figures presented as ranges reflect normal mid-month variation across data sources, so you always see realistic numbers… not cherry-picked ones.
Author: Compiled by Arizona Homes and Condos Realty. We intentionally do not list properties on this site… Arizona’s market changes too fast for static listing pages to remain accurate.
Here is what actually happens when you reach out. If you are a buyer, a dedicated full-time agent who specializes in your exact target area starts working on your behalf immediately… researching both on-market AND off-market opportunities. Today’s real estate moves so quickly that many of the best properties never reach the national websites at all. You need someone with local relationships pulling for you.
If you are a seller, a local dedicated full-time listing agent reaches out personally to discuss your goals, your timeline, and the details of your property… so we can position you for the strongest possible outcome.
Last updated: May 10, 2026.