Housing in Sedona, AZ is significantly more expensive than the US median value, with the median house price coming in at $866,900. Despite this high cost of living, Sedona has seen an impressive appreciation rate over the last year of 9.24%, outpacing the 8.27% appreciation rate seen on a national level. This suggests that housing prices in Sedona are continuing to increase despite their already high costs and could indicate a continued upward trend for the foreseeable future.
The median home cost in Sedona is $866,900. Home appreciation the last 10 years has been 175.2%. Home Appreciation in Sedona is up 19.5%.
Average Age of Homes
- The median age of Sedona real estate is 32 years old
The Rental Market in Sedona
- Renters make up 25.5% of the Sedona population
- 3.5% of houses and apartments in Sedona, 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.