Flagstaff, AZ is an increasingly popular city for housing due to its higher median value compared to the US average. The median value in Flagstaff is currently $565,400, nearly double that of the national median value of $338,100. Additionally, over the past year home appreciation in Flagstaff has been much higher at 12.15% compared to a national average of 8.27%. This combination of high median values and strong appreciation make Flagstaff an attractive option for those looking to purchase and invest in real estate.
The median home cost in Flagstaff is $565,400. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Flagstaff is up 18.4%.
Average Age of Homes
- The median age of Flagstaff real estate is 29 years old
The Rental Market in Flagstaff
- Renters make up 48.3% of the Flagstaff population
- 3.0% of houses and apartments in Flagstaff, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.