Is Sedona, AZ 86351 a buyer’s or seller’s market?
Sedona is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 7% of U.S. ZIP codes, and #202 of 231 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Sedona housing market right now
In the three months ending August 31, 2026, 2% of homes in Sedona, AZ 86351 sold above their list price, the typical home went under contract in 78 days and there were 5.1 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 59 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 6%, homes sold about as fast and the median sale price held steady to $767,168. Overall, Sedona is less competitive than a year ago, which gives buyers more room.
Within Yavapai County, homes here sell faster than in 54% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Sedona ranks #202 of 231 AZ ZIP codes with enough sales (score 14 out of 100).
Nearby, Black Canyon City 85324 (25% sold over asking) and Rimrock 86335 (25% sold over asking) are even more competitive.
Run the numbers for 86351
Nearby markets
Black Canyon City 85324Buyer’s market $256 /sq ftCamp Verde 86322Buyer’s market $272 /sq ftChino Valley 86323Balanced $277 /sq ftClarkdale 86324Balanced $280 /sq ft Browse all markets →Towns like Sedona nearby
Find towns like Sedona in other states →Where Sedona is
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Questions about Sedona real estate
Is Sedona a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Sedona, AZ 86351 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 Sedona?
The typical home went under contract in 78 days in the latest three months.
Do homes in Sedona sell over asking?
2% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.
What are property taxes in Sedona?
About 0.41% of a home’s value a year in Yavapai County, or roughly $1,640 on a $400,000 home.
What is the median home price in Sedona?
The median sale price was $767,168 in the three months ending August 31, 2026, about $432 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology