The housing market in 86004 Flagstaff, AZ is booming. The median value of homes in the area is currently $546,100, which is significantly higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in 86004 Flagstaff, AZ is 12.15%, which is much larger than the national average of 8.27%. Evidently, 86004 Flagstaff has seen a rapid increase in home values over the past year and individuals looking to invest in real estate should consider this city as a great option.
The median home cost in Flagstaff (zip 86004) is $546,100. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Flagstaff (zip 86004) is up 18.4%.
Average Age of Homes
- The median age of Flagstaff (zip 86004) real estate is 30 years old
The Rental Market in Flagstaff (zip 86004)
- Renters make up 33.3% of the Flagstaff (zip 86004) population
- 2.0% of houses and apartments in Flagstaff (zip 86004), 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.