Flagstaff 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

$302,200

  • 4.6% 1-year change
  • -0.8% 1-year forecast

The median home value in Flagstaff is $302,200. Flagstaff home values have gone up 4.6% over the past year and Zillow predicts they will fall -0.8% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Flagstaff 1.1 homes are foreclosed (per 10,000). This is lower than the Flagstaff Metro value of 1.2 and also lower than the national value of 3.6

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 Flagstaff is 2.4%, which is lower than the national value of 6.0%. 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 Flagstaff homeowners underwater on their mortgage is 11.5%, which is lower than Flagstaff Metro at 12.2%.

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Relative ZHVI
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Flagstaff Market Overview

Data through Jul 31, 2015
  • $302,200 ZHVI
  • -0.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $286,500 Median sale price (Jun 30, 2015)
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Flagstaff Market Health

Data through Jul 31, 2015
  • 3.3/10 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
  • 11.5% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 2.4% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1(Jun 30, 2015) Flagstaff
1(Jun 30, 2015) Flagstaff Metro
4 United States
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Nearby Cities

Name Median ZHVI
Sedona $385,500
Cornville $238,500
Munds Park $231,000
Name Median ZHVI
Happy Jack $203,200
Clarkdale $199,300
Camp Verde $187,900
Name Median ZHVI
Williams $173,900
Cottonwood $153,200
Rimrock $138,300

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $167 Median sale price / sq ft
  • No data Listings with price cut
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Flagstaff Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,765 Flagstaff
    $1,764 Flagstaff Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • $0.98 Rent list price / sq ft
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