Market Overview
Home Prices in Munds Park, AZ
The median home value in Munds Park, AZ is $596,592 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.6% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Munds Park are priced46% above average. Munds Park is part of the Flagstaff, AZ metro area.
Over the past five years, Munds Park home values have risen by approximately25.3%, reflecting strong long-term appreciation in this market.
Price History
Munds Park Home Price Trend
City Comparison
Munds Park vs. National Median
At $596,592, homes in Munds Park cost 46% above the national median of $410,000. Buyers in Munds Park should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Munds Park?
20% Down Payment
$119,318
on $596,592
Monthly P&I
$3,111/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,951/mo
incl. taxes & insurance
Income Needed
$158,040
gross annual (30% rule)
10% Down Option
$59,659
+ PMI applies
Loan Amount (20% dn)
$477,274
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 Munds Park, AZ?
The median home value in Munds Park is $596,592 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.6% year-over-year.
How much have home prices changed in Munds Park?
Over the past year, home values in Munds Park have decreased by 2.6%. Over five years, prices have risen approximately 25.3%.
How much do I need to earn to buy a home in Munds Park?
To comfortably afford the median home price of $596,592 with a 20% down payment ($119,318) at today's rates (6.8%), you'd need a gross annual income of approximately $158,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Munds Park compare to the national average home price?
The national median home value is approximately $410,000. At $596,592, homes in Munds Park are 46% above the national average.
What metro area is Munds Park part of?
Munds Park is part of the Flagstaff, AZ metropolitan area. Home prices and market conditions can vary across the broader metro region.