The housing market in Flagstaff, AZ (86011) is significantly more expensive than the national average. The median value of a house in Flagstaff is $605,200, which is 78% higher than the US median value of $338,100. Furthermore, the 1 year appreciation rate for houses in Flagstaff is 12.15%, significantly higher than the 8.27% national appreciation rate. This indicates that housing prices are increasing faster in Flagstaff than in other parts of the country, suggesting that it is a desirable place to live and invest in real estate.
The median home cost in Flagstaff (zip 86011) is $605,200. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Flagstaff (zip 86011) is up 18.4%.
Average Age of Homes
- The median age of Flagstaff (zip 86011) real estate is 3 years old
The Rental Market in Flagstaff (zip 86011)
- Renters make up 100.0% of the Flagstaff (zip 86011) population
- 0.0% of houses and apartments in Flagstaff (zip 86011), 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.