Market Overview
Home Prices in Flagstaff, AZ
The median home value in Flagstaff, AZ is $665,540 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Flagstaff are priced62% above average. Flagstaff is part of the Flagstaff, AZ metro area.
Over the past five years, Flagstaff home values have risen by approximately30.1%, reflecting strong long-term appreciation in this market.
Price History
Flagstaff Home Price Trend
City Comparison
Flagstaff vs. National Median
At $665,540, homes in Flagstaff cost 62% above the national median of $410,000. Buyers in Flagstaff should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Flagstaff?
20% Down Payment
$133,108
on $665,540
Monthly P&I
$3,471/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,408/mo
incl. taxes & insurance
Income Needed
$176,320
gross annual (30% rule)
10% Down Option
$66,554
+ PMI applies
Loan Amount (20% dn)
$532,432
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Flagstaff, AZ?
The median home value in Flagstaff is $665,540 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in Flagstaff?
Over the past year, home values in Flagstaff have decreased by 0.5%. Over five years, prices have risen approximately 30.1%.
How much do I need to earn to buy a home in Flagstaff?
To comfortably afford the median home price of $665,540 with a 20% down payment ($133,108) at today's rates (6.8%), you'd need a gross annual income of approximately $176,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Flagstaff compare to the national average home price?
The national median home value is approximately $410,000. At $665,540, homes in Flagstaff are 62% above the national average.
What metro area is Flagstaff part of?
Flagstaff is part of the Flagstaff, AZ metropolitan area. Home prices and market conditions can vary across the broader metro region.