The story of this market
The typical home in ZIP 86001 sells for about $701,000, or $422 per square foot.
Prices are down 5.9% from a year ago, which gives buyers more room to negotiate. Homes take about 83 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,645 a month.
ZIP 86001 — Flagstaff
The 86001 housing market is experiencing a period of normalization with a slight year-over-year decline in median prices to $701,000. While inventory remains constrained, the market is seeing longer days on market, suggesting a shift toward a more balanced environment for buyers.
This ZIP is ideal for families, outdoor enthusiasts, and university-affiliated professionals who value proximity to downtown Flagstaff and mountain recreation.
Median prices moved down 5.9% year over year.
Homes spend a median of 83 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 97.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.7% · poverty 18.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 86001, Coconino County AZ
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Flagstaff schools are generally well-regarded, with the area serving as a hub for Northern Arizona University and the Flagstaff Unified School District.
The area faces significant wildfire risk due to its location in the Coconino National Forest and high-elevation forest environment.
Economic momentum is driven by Northern Arizona University, tourism, and the medical sector, with ongoing development focused on housing and infrastructure to support a growing population.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arizona) — Senior Property Valuation Protection Option (Senior Freeze): Provides a 'freeze' on the valuation of the property for tax purposes, limiting the growth of the property tax burden for eligible seniors. State (Arizona) — Arizona Property Tax Assessment: The tax is calculated by applying an assessment ratio to the property's Limited Property Value (LPV). For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Arizona Property Tax Assessment: Property tax is calculated using the formula: (Full Cash Value or Limited Property Value) x Assessment Ratio = Net Assessed Value. The Net Assessed Value is then multiplied by the local tax rate. For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Delinquent Property Tax Lien Sale and 3-Year Redemption Foreclosure: The county treasurer sells a tax lien certificate via public auction to the investor bidding the lowest annual rate of interest (ranging from 16% down to 0% per annum under A.R.S. § 42-18114). State (Arizona) — Statutory Residential Homestead Exemption: Exempts up to $400,000 of equity in an owner-occupied primary dwelling from attachment, execution, and forced sale arising from unsecured civil judgment liens.
Commutes are generally short, averaging 16.5 minutes, with most residents navigating within the Flagstaff city limits or to nearby employment hubs.
The area offers world-class outdoor recreation including access to the Arizona Snowbowl, hiking trails in the Coconino National Forest, and proximity to the Grand Canyon.
The rental market is tight due to the presence of Northern Arizona University students and limited housing supply, keeping vacancy rates low.
The economy is anchored by Northern Arizona University, the tourism industry, and regional healthcare services.
Development is focused on infill and residential expansion to address housing shortages within the city limits.
Parcels are subject to Flagstaff Unified School District and Coconino County taxing authorities.
Property insurance premiums are influenced by high wildfire risk and forest-interface location.
Data retrieved from ZCTA-level census profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Major regional ski area and summer recreation destination.
Primary economic and cultural anchor for the city.
Provides extensive trail systems and outdoor access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.