35Alpha

Flagstaff, AZ metro area Housing Market Brief

metro · as of May 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%
-10.443
Inventory Health25%
+11.843
Affordability20%
6
Economic Strength20%
No data
50
Rental Yield15%
26

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

EmergingGrowingMaturePeakingDecliningRecovering

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

Flagstaff, AZ metro area housing market data

MetricValueYoY
Median Sale Price$679K-8.2%
Median Days on Market31 days-32.6%
Months of Supply4.5-10%
Homes for Sale675-7.4%
Homes Sold150▲ +3.5%
Median Price / Sq Ft$385▲ +0.9%
Sale-to-List Ratio97.4%-0.5%

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

Now: 35
4-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?

As of May 2026, Flagstaff, AZ metro area is classified as a Buyer's Market, based on its Alpha Score of 35 out of 100. The classification reflects current price, inventory, 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 $679K, having fallen 8.2% over the past year.

How affordable is Flagstaff, AZ metro area?

Flagstaff, AZ metro area scores 6 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 Economic Strength (50/100) and its weakest is Affordability (6/100). 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.