Flagstaff, AZ metro area Housing Market
Cold MarketComprehensive housing market data for the Flagstaff, AZ metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$700K
↓ 2.8% YoY
Days on Market
72 days
↑ 24.1% YoY
Active Inventory
548
↑ 7.5% YoY
Homes Sold
112
↓ 5.1% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Flagstaff, AZ metro area Market Summary
The Flagstaff, AZ metro area housing market is cooling down. As of March 2026, the median home sale price is $700K, down 2.8% year-over-year. Homes are spending a median of 72 days on the market, 24.1% longer than a year ago.
There are 548 homes for sale — 7.5% more than last year. With 4.9 months of supply, this is a balanced market. 232 new listings were added during this period, up 7.9% year-over-year.
Homes are selling for 97.6% of their list price on average, suggesting room for negotiation. 14.3% of homes sell above their asking price. 19.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. Arizona Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 60% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Flagstaff, AZ metro area Market Trends
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Detailed Market Metrics
Median List Price
$719K
Price per Sq Ft
$375
Sale-to-List Ratio
97.6%
Months of Supply
4.9
Sold Above List
14.3%
Price Drops
19.5%
New Listings
232
↑ 7.9% YoY
Pending Sales
148
Off Market in 2 Weeks
39.9%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.