Is Flagstaff, AZ 86001 a buyer’s or seller’s market?

The Flagstaff housing market right now

In the three months ending August 31, 2026, 16% of homes in Flagstaff, AZ 86001 sold above their list price, the typical home went under contract in 36 days and there were 4.6 months of supply. Three to six months of supply is a fairly balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 99 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (17% then), homes sold faster (45 days then) and the median sale price held steady to $701,696. Overall, Flagstaff is about as competitive as it was a year ago.

Within Coconino County, homes here sell faster than in 85% of the county’s ZIP codes, and sell more often over asking than in 69%. On our competition score, Flagstaff ranks #44 of 231 AZ ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Ash Fork 86320 (0% sold over asking) or North Rim 86052 (0% sold over asking), while Flagstaff 86003 (40% sold over asking) and Page 86040 (33% sold over asking) are even more competitive.