34Alpha

Flagstaff, AZ metro area Housing Market Brief

metro · AZ · score computed October 2026

Buyer's

What is Flagstaff, AZ metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●91
Inventory Health25%
●32

Population band 4 of 5 (population 112,714–277,881) · comparable within its band

Affordability20%
●7
Economic Strength20%
+3.422
Rental Yield15%
●14

Where is Flagstaff, AZ metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Flagstaff, AZ metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Flagstaff, AZ metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Flagstaff, AZ metro area housing market data

MetricValueYoYSource
Median Sale Price$723K▲ +11.5%Redfin
Median Days on Market88 days▲ +2.3%Realtor.com via FRED
Months of Supply4.4▲ +12.8%Redfin
Homes for Sale752▲ +10.1%Redfin
Homes Sold172▼ -1.1%Redfin
Median Price / Sq Ft$403▲ +7.7%Redfin

How has Flagstaff, AZ metro area’s Alpha Score moved?

Now: 34
2-period trend
Median sale price · 12 mo

Markets like Flagstaff, AZ metro area

Frequently asked questions

Is Flagstaff, AZ metro area a buyer's or seller's market?

In the scores computed October 2026, Flagstaff, AZ metro area is classified as a Buyer's Market, based on its Alpha Score of 34 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Flagstaff, AZ metro area?

The median sale price in Flagstaff, AZ metro area is $723K, having risen 11.5% over the past year, according to Redfin.

How affordable is Flagstaff, AZ metro area?

Flagstaff, AZ metro area scores 7 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Flagstaff, AZ metro area's Alpha Score?

Flagstaff, AZ metro area's strongest dimension is Price Momentum (91/100) and its weakest is Affordability (7/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Flagstaff, AZ metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.