Flagstaff housing market
Typical home value
$619K
▲ 0.2% 1 yr
Typical rent
$2,128/mo
■ 0.0% 1 yr
12-month forecast
+1.0%
#394 of 546 metros
Gross rent yield
4.1%
#497 of 546 · U.S. 6.3%
Days to pending
68 days
▼ −2 days 1 yr
Listings with a price cut
27%
▲ +0.8 pts 1 yr
Key takeaways
- 1The typical home is worth $618,862, up 0.2% in a year and up 23% over five years.
- 2Zillow forecasts home values rising 1.0% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $2,128/mo (0.0% YoY), a 4.1% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $3,401/mo in principal and interest, $1,273 more than renting.
- 5Homes go under contract in 68 days (−2 days vs last year); 27% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 24/100, #507 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Flagstaff compares
| Measure | Flagstaff | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +0.2% | +1.2% | #438 |
| Home value, 5-yr change | +22.5% | +19.7% | |
| 12-month forecast | +1.0% | +1.1% | #394 |
| Rent, 1-yr change | 0.0% | +2.7% | #521 |
| Gross rent yield | 4.1% | 6.3% | #497 |
| Price-to-rent ratio | 24.2 | 15.8 | |
| Mortgage P&I on typical home | $3,401 | $2,012 | |
| Income needed to buy | $153,733 | $100,902 | |
| Days to pending | 68 | 56 |
Cities in the Flagstaff metro
1 cities with home value and rent data.
| Flagstaff | $650K | ▲ 0.2% | $2,128 | ▼ 0.3% | 3.9% |
Run the numbers
Rental property calculator
Cash flow on a typical Flagstaff rental ($619K, $2,128/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Flagstaff home.
Rent vs buy
Is it cheaper to rent or buy in Flagstaff?
Other Arizona metros
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$441K home$1,720 rent4.7% yield
▼ 1.1% 1 yr
Tucson, AZ
$336K home$1,488 rent5.3% yield
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Lake Havasu City, AZ
$350K home$1,540 rent5.3% yield
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Yuma, AZ
$277K home$1,424 rent6.2% yield
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Sierra Vista, AZ
$261K home$1,278 rent5.9% yield
▼ 0.4% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.