Bisbee, AZ 85603 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bisbee, AZ—85603

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$219,000

2.8% YoY Growth

Household Income

$46,500

36.9% YoY Growth

Days on Market

2.0% Longer YoY

Home Price Forecast

0.9%

Median Rent

$900

7.3% YoY Growth

1-Bed Rent

$875

4.9% YoY Growth

2-Bed Rent

$900

1.1% YoY Growth

3-Bed Rent

$1,100

16.1% YoY Growth

Home Price Trends — Bisbee, AZ

As of Dec '25, the median home price in Bisbee, AZ is $219,000, with a year-over-year change of -2.8%. This indicates that home prices in Bisbee, AZ are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$219,000	-2.8%
Single Family	$220,000	-2.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Bisbee, AZ

As of July '25, Rentcast reports the average rent in Bisbee, AZ is $1,040, with a year-over-year rent change of 7.3%. Per bedroom, the median rent as of July '25 in Bisbee, AZ is 1-bedrooms: $888, 2-bedrooms: $964, 3-bedrooms: $1,300, 4-bedrooms: $1,470. The most common rental property sizes in Bisbee, AZ are 2-bedroom and 1-bedroom, accounting for 37.6% and 30.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$900	$1,040
Studio Rent	N/A	N/A
1 Bed Rent	$875	$888
2 Bed Rent	$900	$964
3 Bed Rent	$1,100	$1,300
4 Bed Rent	$1,340	$1,470

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% of Rental Stock

Studio

5.1%

1 Bedroom

30.4%

2 Bedrooms

37.6%

3 Bedrooms

22.5%

4 Bedrooms

3.8%

5+ Bedrooms

0.6%

Property Listings — Bisbee, AZ

As of Dec '25, Realtor.com reports that the median days on market for a home in Bisbee, AZ is 83. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$396,000	16.0%
Listing Count	62	3.0%
Listings as % of Homes	1.1%	3.0%
Days on Market	91	2.0%

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Demographics — Bisbee, AZ

As of the latest ACS Survey released in 2023, Bisbee, AZ has a population of 6,800, which has remained stable by 0.4% over the past 5 years. Bisbee, AZ is a less popular place for families, as children make up 13.6% of the population. The area has a moderately educated workforce, with 30.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,800	0.4%
% Under 18	13.6%	-29.5%
% Seniors	35.5%	14.5%
% WFH	23.6%	537.8%
% w/ College Degree	30.5%	13.4%

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As of the latest ACS Survey released in 2023, Bisbee, AZ is a predominantly white area, with 62.2% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Bisbee, AZ is hispanic, making up 33.2% of the population. Foreign-born residents account for 7.0% of the population in Bisbee, AZ, and this percentage has decreased by 26.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	62.2%	0.6%
% Black	0.8%	0.0%
% Hispanic	33.2%	-5.4%
% Asian	0.1%	∞%
% Foreign Born	7.0%	-26.3%

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Mortgage and Risk — Bisbee, AZ

According to HUD data as of 2023, there were 107 mortgage originations in Bisbee, AZ, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Bisbee, AZ. Investor activity is low, as 5.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	107
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	5.0%
% Second Loans	4.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Bisbee, AZ

As of 2024, the percent of homes in Bisbee, AZ under the Section 8 program is 4.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Bisbee, AZ, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	40
Total Units Section 8	40
% Rentals under Section 8	4.6%
% Occupied Section 8	86.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$105	$875	$980
2 Bedroom	$190	$900	$1,090
3 Bedroom	$430	$1,100	$1,530
4 Bedroom	$490	$1,340	$1,830

Bisbee, AZ—85603

Key Metrics at a Glance

Home Price Trends — Bisbee, AZ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bisbee, AZ

% of Rental Stock

Property Listings — Bisbee, AZ

Demographics — Bisbee, AZ

Race and Ethnicity

Mortgage and Risk — Bisbee, AZ

Mortgages

Rentals and Section 8 — Bisbee, AZ

Section 8 Market Size

Section 8 Opportunity

Affordability — Bisbee, AZ

Home Price to Income Ratio

Bisbee, AZ — ZIP Code Boundary Map

Nearby ZIP Codes

Naco

Mc Neal, AZ

Sierra Vista, AZ

Elfrida, AZ

Sierra Vista, AZ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$219,000
Median Household Income	$46,500

Bisbee, AZ—85603

Key Metrics at a Glance

Home Price Trends — Bisbee, AZ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bisbee, AZ

% of Rental Stock

Property Listings — Bisbee, AZ

Demographics — Bisbee, AZ

Race and Ethnicity

Mortgage and Risk — Bisbee, AZ

Mortgages

Rentals and Section 8 — Bisbee, AZ

Section 8 Market Size

Section 8 Opportunity

Affordability — Bisbee, AZ

Home Price to Income Ratio

Bisbee, AZ — ZIP Code Boundary Map

Nearby ZIP Codes

Naco

Mc Neal, AZ

Sierra Vista, AZ

Elfrida, AZ

Sierra Vista, AZ

Frequently Asked Questions

What is the average home price in Bisbee, AZ 85603?

How have home prices in Bisbee, AZ 85603 changed over the past year?

What is the home price projection for Bisbee, AZ 85603?

What are the demographics of Bisbee, AZ 85603?

How long does it take homes to sell in Bisbee, AZ 85603?

What is the average rent price in Bisbee, AZ 85603?