Flagstaff Metro Area, AZ Housing

The housing market in the Flagstaff, AZ Metro Area is thriving and outpacing the national market. The median value of a house in this area is $572,100, which is significantly higher than the US median value of $338,100. This difference is partially due to an impressive 1 year appreciation rate of 10.10%, well above the US rate of 8.27%. Overall, it looks like buying a home in Flagstaff, AZ Metro Area would be a wise investment for potential homeowners.

The median home cost in Flagstaff Metro Area is $572,100. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Flagstaff Metro Area is up 18.4%.

Average Age of Homes

- The median age of Flagstaff Metro Area real estate is 29 years old

The Rental Market in Flagstaff Metro Area

- Renters make up 29.3% of the Flagstaff Metro Area population
- 2.6% of houses and apartments in Flagstaff Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Flagstaff, Arizona	United States
	68,446.0	139,647,020.0
	31	42
	$572,100	$338,100
	18.4%	16.6%
	76.2%	57.0%
	147.5%	101.1%
	$5.46	$10.98
	$1,748	$2,690
	44.7%	57.4%
	25.4%	11.2%
	29.9%	31.4%
Vacant Housing
	2.6%	1.9%
	0.3%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	18.6%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	4.6%	2.6%
	5.5%	2.4%
	3.9%	2.8%
	3.1%	3.9%
	3.0%	4.5%
	4.9%	11.3%
	6.2%	13.0%
	15.2%	20.1%
	17.6%	13.6%
	13.5%	8.3%
	14.4%	9.7%
	4.7%	3.9%
	2.0%	2.2%
	0.8%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	19.7%	13.6%
	19.7%	13.6%
	22.3%	13.6%
	22.3%	13.2%
	16.0%	14.8%
	22.3%	13.6%
	4.0%	10.0%
	1.2%	4.7%
	1.5%	12.2%

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