Market Overview
Home Prices in Globe, AZ
The median home value in Globe, AZ is $242,139 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.9% compared to a year ago and down 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Globe are priced41% below average. Globe is part of the Payson, AZ metro area.
Over the past five years, Globe home values have risen by approximately19.5%, reflecting steady appreciation in this market.
Price History
Globe Home Price Trend
2020
$176,004
$176K
—
2021
$202,592
$203K
+15.1%
2022
$241,101
$241K
+19.0%
2023
$235,590
$236K
-2.3%
2024
$249,173
$249K
+5.8%
2025
$244,321
$244K
-1.9%
2026
$242,139
$242K
-0.9%
City Comparison
Globe vs. National Median
🏠 Globe
$242,139
National Median
$410,000
At $242,139, homes in Globe cost 41% below the national median of $410,000. This makes Globe a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Globe?
20% Down Payment
$48,428
on $242,139
Monthly P&I
$1,263/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,604/mo
incl. taxes & insurance
Income Needed
$64,160
gross annual (30% rule)
10% Down Option
$24,214
+ PMI applies
Loan Amount (20% dn)
$193,711
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Globe, AZ?
The median home value in Globe is $242,139 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.9% year-over-year.
How much have home prices changed in Globe?
Over the past year, home values in Globe have decreased by 0.9%. Over five years, prices have risen approximately 19.5%.
How much do I need to earn to buy a home in Globe?
To comfortably afford the median home price of $242,139 with a 20% down payment ($48,428) at today's rates (6.8%), you'd need a gross annual income of approximately $64,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Globe compare to the national average home price?
The national median home value is approximately $410,000. At $242,139, homes in Globe are 41% below the national average.
What metro area is Globe part of?
Globe is part of the Payson, AZ metropolitan area. Home prices and market conditions can vary across the broader metro region.