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Featured local agent — Flagstaff, AZ
Sarah Mitchell
Compass Real Estate · Flagstaff, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Flagstaff, AZ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$685,000median sale price
How is the Flagstaff, AZ housing market right now?
The median home sale price in Flagstaff, AZ is $685,000, down 11.6% year-over-year. Homes sell in an average of 25 days with 246 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Flagstaff a buyer's or seller's market?
Flagstaff, AZ is currently a balanced market, based on 3.4 months of supply and homes selling in about 25 days. How we determine this →
Homes sold
72
Last 12 weeks
Days on market
25
Average pace
Active listings
246
3.4 months supply
Sale-to-list
98.3%
Below asking
What does the Flagstaff housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $685,000 |
| Median list price | $725,000 |
| Year-over-year price change | -11.6% |
| Average days on market | 25 days |
| Active inventory | 246 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $368/sq ft |
| Homes sold (latest month) | 72 |
| New listings (latest month) | 115 |
| Listings with a price cut | 23.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Flagstaff by property type?
How the Flagstaff, AZ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $830,000 | $378/sq ft | 49 | 25 days |
| Condo / Co-op | $350,000 | $411/sq ft | 9 | 28 days |
| Townhouse | $562,950 | $349/sq ft | 14 | 61 days |
Source: Redfin · Updated monthly
The Flagstaff housing market is currently classified as a balanced market with a median sale price of $685,000. Prices have fallen 11.6% compared to last year, with homes spending an average of 25 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 9.8x provides context for how home values compare to local earning capacity.
Homes for sale in Flagstaff
There are currently 246 homes listed for sale in Flagstaff, Arizona. The median listing price is $725K.
Active listings
246
Homes on market
Median list price
$725K
Avg. days on market
25
Days until sale
New this week
115
Newly listed
Who lives in Flagstaff?
Population
76,333
Median income
$68,041/yr
Median age
26 years
Owner-occupied
41.9%
College grads
51.8%
Avg commute
15.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Flagstaff?
Zillow home value
$665,540
Zillow rent index
$2,117/mo
Price-to-rent ratio
26.2x
Price-to-income
9.8x
Source: Zillow Research
What is it like to live in Flagstaff?
Flagstaff is a community of approximately 76K residents with a median age of 26 years.The median household income is $68,041, which represents a working-class community with solid middle-income opportunities. 51.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 41.9%, showing a blend of owner and renter-occupied properties. The average commute time is 15.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Flagstaff offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Flagstaff?
33 schools tracked · 11,556 students
The largest public schools serving Flagstaff, AZ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Flagstaff High School
Grades 9-12 · 1,625 students
Coconino High School
Grades 9-12 · 1,506 students
Sinagua Middle School
Grades 6-8 · 1,035 students
BASIS Flagstaff
Grades K-12 · 695 students
Mount Elden Middle School
Grades 6-8 · 677 students
Northland Preparatory Academy
Grades 6-12 · 645 students
Manuel DeMiguel Elementary School
Grades PK-5 · 559 students
Weitzel's Puente de Hozho Bilingual Magnet School
Grades PK-5 · 430 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Flagstaff, AZ?
Want a head-to-head view? Compare Flagstaff side-by-side with any other U.S. city using our market-comparison tool.
Is Flagstaff a good real estate investment market?
For investors evaluating Flagstaff, the price-to-rent ratio of 26.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 11.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Flagstaff's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Flagstaff's median home price.
Frequently asked questions
What is the average home price in Flagstaff?
The median home sale price in Flagstaff is $685,000, down 11.6% from last year.
How long do homes stay on market in Flagstaff?
Homes typically spend 25 days on market before going under contract.
What is the median income in Flagstaff?
The median household income is $68,041 per year.
Is Flagstaff a buyer's or seller's market?
With 3.4 months of supply, Flagstaff is currently a balanced market.
What is the Zillow home value estimate for Flagstaff?
The Zillow Home Value Index (ZHVI) for Flagstaff is $665,540, representing the typical home value in the area.
What is the median condo price in Flagstaff?
The median condo/co-op sale price in Flagstaff, AZ is $350,000, compared to $830,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Flagstaff?
The median single-family home price in Flagstaff, AZ is $830,000 (about $378 per square foot).
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