The story of this market
The typical home in ZIP 86040 sells for about $629,000, or $576 per square foot.
Homes take about 100 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 86040 — Page
The 86040 housing market is currently experiencing extreme volatility in median price metrics due to very low transaction volume, with only three sales recorded in the most recent period. High vacancy rates and a significant reliance on the tourism sector contribute to a cautious outlook for residential investment. Market activity remains constrained by the unique geographic and land-ownership profile of the Page area.
This ZIP is best suited for tourism-industry workers, outdoor enthusiasts, and investors focused on the short-term rental market, though the high vacancy and remote location present challenges for traditional family buyers.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 100 days on market with 1.0 months of supply — a balanced-paced market.
5% of listings have cut prices · homes sell at 101.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.9% · poverty 10.3% — a stable, low-distress profile.
ZCTA 86040, 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.
The area faces significant wildfire and environmental risks typical of the high-desert Colorado Plateau, with insurance availability and premiums increasingly sensitive to these regional climate factors.
Economic momentum is heavily tied to tourism and the energy sector, with Page serving as a gateway to Lake Powell and the Grand Canyon; development is constrained by surrounding federal and tribal lands.
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.
The area is remote, with most residents living and working within the Page community; long-distance commuting is rare due to the geographic isolation of the region.
The ZIP is anchored by Lake Powell and Glen Canyon National Recreation Area, offering extensive boating, hiking, and sightseeing opportunities, with basic shopping and dining concentrated in the city of Page.
The rental market is characterized by high vacancy rates and a significant share of short-term rentals driven by tourism, with limited new inventory growth.
The economy is primarily driven by tourism, hospitality, and energy production, with major employers including the National Park Service and local utility operations.
Data retrieved from Census Reporter and US Zip Codes 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 reservoir and recreation hub for boating and fishing.
National park site offering hiking, camping, and scenic vistas.
Iconic meander of the Colorado River and major tourist attraction.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.