Coconino County Home Prices & Values

$281,100 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 9.4% 1-year change
  • 2.2% 1-year forecast

The median home value in Coconino County is $281,100. Coconino County home values have gone up 9.4% over the past year and Zillow predicts they will rise 2.2% within the next year. The median list price per square foot in Coconino County is $178, which is the same as the Flagstaff Metro average of $178. The median price of homes currently listed in Coconino County is $342,500 while the median price of homes that sold is $274,275. The median rent price in Coconino County is $1,250, which is the same as the Flagstaff Metro median of $1,250.

Foreclosures will be a factor impacting home values in the next several years. In Coconino County 2.6 homes are foreclosed (per 10,000). This is the same as the Flagstaff Metro value of 2.6 and also lower than the national value of 4.4

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 Coconino County is 3.4%, which is lower than the national value of 7.2%. 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 Coconino County homeowners underwater on their mortgage is 18.3%, which is the same as Flagstaff Metro at 18.3%.

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Relative ZHVI
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Coconino County Market Overview

Data through Jul 31, 2014
  • $281,100 ZHVI
  • 2.2% 1-yr forecast What's This?  
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    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, 2015)
  • $342,500 Median listing price
  • $274,275 Median sale price
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Coconino County Market Health

Data through Jul 31, 2014
  • 7.2/10 Healthy What's This?  
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    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.

  • 90 Average of days on Zillow (Jun 30, 2014)
  • 18.3% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 3.4% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

2.6 homes Coconino County
2.6 homes Flagstaff Metro
4.4 homes United States
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Cities in Coconino County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Flagstaff $292,700 Munds Park $242,200 Page $219,000
Happy Jack $212,100 Williams $175,000  

Listings & Sales

Data through Jul 31, 2014
  • $178 Median list price / sq ft
  • $163 Median sale price / sq ft
  • 35.1% Listings with price cut
23.3%
Sold below listing
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Coconino County Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,435 Coconino County
$1,435 Flagstaff Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,250 Rent list price
  • $1.03 Rent list price / sq ft
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