Is Flagstaff, AZ 86004 a buyer’s or seller’s market?

The Flagstaff housing market right now

In the three months ending August 31, 2026, 15% of homes in Flagstaff, AZ 86004 sold above their list price, the typical home went under contract in 28 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 134 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold faster (40 days then) and the median sale price rose 2% to $683,454. Overall, Flagstaff is more competitive than a year ago, so tougher for buyers.

Within Coconino County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 62%. On our competition score, Flagstaff ranks #32 of 231 AZ ZIP codes with enough sales (score 41 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.