Markets/Arizona/Flagstaff

Flagstaff, AZ Real Estate Market 2026

Investor-grade market analytics for Flagstaff, Arizona. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$611,594

+0.8% year-over-year

Est. Rental Yield

4.2%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Flagstaff Market Summary

Flagstaff, AZ is in a stabilization phase with 0.8% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability pressure is significant: the price-to-income ratio of 8.77x well exceeds the national average of 4.8x. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 4.22% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score18/100
Price-to-Income Ratio8.8x (national avg 4.8x)
Median Household Income$69,748

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Flagstaff, AZ's primary climate exposure is flooding (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full Flagstaff dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Flagstaff Real Estate Market Data 2026 | Lotlytics | Lotlytics