Is Flagstaff, AZ 86003 a buyer’s or seller’s market?
Flagstaff is a seller’s market. With about 2.6 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Flagstaff housing market right now
In the three months ending August 31, 2026, 40% of homes in Flagstaff, AZ 86003 sold above their list price, the typical home went under contract in 34 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Within Coconino County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Ash Fork 86320 (0% sold over asking) or North Rim 86052 (0% sold over asking).
Run the numbers for 86003
Nearby markets
Ash Fork 86320Buyer’s market $133 /sq ftBellemont 86015Seller’s market $293 /sq ftFlagstaff 86001Balanced $399 /sq ftFlagstaff 86004Balanced $381 /sq ft Browse all markets →Where Flagstaff is
Loading map…
Questions about Flagstaff real estate
Is Flagstaff a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Flagstaff, AZ 86003 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Flagstaff?
The typical home went under contract in 34 days in the latest three months.
Do homes in Flagstaff sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.
What are property taxes in Flagstaff?
About 0.46% of a home’s value a year in Coconino County, or roughly $1,840 on a $400,000 home.
What is the median home price in Flagstaff?
The median sale price was $967,487 in the three months ending August 31, 2026, about $466 per square foot.
Local agents
See all agents in 86003 →No sponsored agents in 86003 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 86003
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology