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Flagstaff housing market: home prices, trends and forecast

Flagstaff home prices: the Zillow Home Value Index puts the typical home in Flagstaff, Arizona at $650,175 in September 2026. That is +0.2% on a year earlier and the highest month on record.

Typical value of a home
$650,175
September 2026, Zillow ZHVI
Change over 12 months
Up +0.2% since September 2025.
Change over 10 years
Up +100.7% since September 2016.
Multiple from 2000
×4.2, up from $154,732.
Days on the market
88
Flagstaff, AZ metro, Realtor.com

Flagstaff home prices since 2000

In the chart, the steel line tracks Flagstaff and the grey line the United States. In January 2000 the typical Flagstaff home was worth $154,732, and it now stands at $650,175, ×4.20, against ×2.99 in the US across the same months. Prices hit their boom high in April 2007 at $340,278 and their low in August 2011 at $217,221, a change of −36.2%.

$100k$200k$300k$400k$500k$600k$700k200020052010201520202025Jan 2000 · $154,732$366,157$650,175Sep 2026FlagstaffUnited States$100k$200k$300k$400k$500k$600k$700k200020102020Jan 2000 · $155k$366k$650kSep 2026
Typical home, smoothed and seasonally adjusted, from the Zillow Home Value Index. Source: Zillow Research data.
January 2000 · $154,732

Flagstaff median home price by year

Each yearly figure averages the twelve monthly values, and 2026 covers the latest month.

YearFlagstaffChange on the yearUnited States
2000$156,970$125,745
2001$164,885+5.0%$134,899
2002$175,821+6.6%$144,276
2003$190,034+8.1%$155,308
2004$213,787+12.5%$169,891
2005$264,543+23.7%$189,732
2006$328,295+24.1%$206,531
2007$336,108+2.4%$208,449
2008$307,607−8.5%$195,574
2009$276,868−10.0%$177,542
2010$256,972−7.2%$171,462
2011$223,158−13.2%$162,508
2012$226,320+1.4%$161,137
2013$248,481+9.8%$171,420
2014$274,472+10.5%$182,996
2015$296,766+8.1%$192,738
2016$318,920+7.5%$204,509
2017$345,865+8.4%$216,767
2018$364,237+5.3%$230,541
2019$379,420+4.2%$242,088
2020$406,827+7.2%$257,151
2021$495,607+21.8%$295,959
2022$602,663+21.6%$340,014
2023$601,574−0.2%$348,160
2024$632,649+5.2%$359,751
2025$648,293+2.5%$362,959
September 2026$650,175+0.2%$366,157

What a home bought in Flagstaff in any year is worth now

Based on an index, this estimates a typical home; it is not an appraisal.

Each year's figure averages its twelve monthly index values, and the current value comes from September 2026. Other tools: home appreciation calculator.

Thinking about selling? See how local agents compare on Realtor.com. Advertising disclosure: links like this one may pay the site; they never change a number. Disclosure.

Flagstaff housing market forecast

In the Flagstaff, AZ metro, Zillow's forecast shows +0.9% over the next three months and +1.0% for the 12 months that start September 2026. Put that on Flagstaff's typical value of $650,175 and you get close to $656,700 a year later.

This forecast repeats Zillow's central estimate for the metro; the site itself publishes no forecast. A 12-month forecast like this has typically landed several percentage points away from the realised change, whether up or down. This is not investment advice.

All metro forecasts in a single table: housing market forecast.

Flagstaff housing market crash risk score

73 out of 100, high

It ranks Flagstaff against the 292 cities by five conditions that ran high before earlier price falls. Each input is scored from 0 to 100 compared with the other cities, then the five scores are averaged with equal weight. It shows conditions as they are now, and it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019+7.7%5520%
Days on the market vs 2019+15.8%7220%
Price-to-rent ratio25.58720%
Price-to-income ratio8.79220%
12-month price change+0.2%6120%

This is not investment advice. How each input is scored: methodology. Every one of the 292 cities ranked: crash risk by city.

Flagstaff inventory and days on market

In September 2026 the Flagstaff, AZ metro counted 765 homes for sale, +14.1% versus a year earlier, and +7.7% compared with the same month of 2019. The median time to sell a listing was 88 days (+15.8% against 2019), while 20.0% of listings came down in price.

Flagstaff, AZ metro, September 2026ValueOn a year
Active listings765+14.1%
New listings192
Median days on market88+2.9%
Median list price$741,000+4.4%
Share with a price cut20.0%

Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.

Living costs in Flagstaff

According to the Zillow Observed Rent Index, asking rent in Flagstaff typically comes to $2,128 a month, −0.3% on a year. For a typical home, the cost equals 25.5 years of that rent. Household income has a median of $74,417 (Census ACS 2024), which puts the typical home at 8.7 times one year's income. Under BEA figures, metro prices stand at 100.3 while the US average is 100, and housing costs come to 109.0.

Rent, prices, and the salary you would need to move there: Flagstaff cost of living.

More housing markets across Arizona

For the whole state: Arizona housing market.

How to read this chart

Every point shows the Zillow Home Value Index for Flagstaff: what a typical home in the market's middle third is worth, smoothed and seasonally adjusted, in that month's dollars. The hollow dot picks out the month set on the slider, while the terracotta dot points to the newest one. These figures are not adjusted for inflation, and the index tracks the typical home rather than one particular house: work out what a single home is worth from its own sale price using the card above or the home appreciation calculator.