Published November 2, 2026 in Market Update

Flagstaff prices are splitting between its two parts

By Tanya Rhoades

Real estate, Deal of the Week (Flagstaff)

Flagstaff is not one market right now. It is two, moving in opposite directions. The three months ending August 31, 2026 make that plain.

The split is real, and it is wide

The Real Estate Data Aggregator counted 97 homes sold in ZIP 86001 in the three months ending August 31, 2026. The median sale price there was $709,500, up 2.1% from the same months in 2025. That is a steady, modest gain.

ZIP 86005 told a different story. The Real Estate Data Aggregator counted 107 homes sold there in the same period. The median sale price was $832,700, down 9.5% from a year before. More homes sold, but for less money.

Realtor.com put the U.S. median listing price at $414,000 for the week ending October 24, 2026. Both Flagstaff ZIP codes sit well above that national figure.

How fast homes are moving

In ZIP 86001, the Real Estate Data Aggregator found a median of 35 days on market. That is 10 days shorter than the same period in 2025. Homes there are moving faster than a year ago.

In ZIP 86005, the median was 42 days on market, unchanged from a year before. Not slow, but no improvement either.

Buyers are still close to asking price

In ZIP 86001, the Real Estate Data Aggregator found homes sold at 98.3% of list price on average. That is down 0.7 points from last year. A small dip, but sellers are still getting close to what they asked.

In ZIP 86005, homes sold at 98.7% of list price, up 1.3 points from a year before. More than 1 in 5 homes there sold above list price. The Real Estate Data Aggregator put that share at 21.5%, up 8.9 points from the same period in 2025.

Supply is rising in both ZIP codes

The Real Estate Data Aggregator found 146 homes for sale in ZIP 86001, up 7.4% from a year ago. Months of supply there rose to 4.6 months, up 0.7 months from 2025.

ZIP 86005 had 136 homes for sale, up 4.6% from last year. Months of supply there was 3.9 months, down 0.3 months. Slightly tighter, even as more homes came on.

Across both ZIP codes together, the Real Estate Data Aggregator counted 282 homes for sale, up 6% from a year before. New listings totaled 258, up 3.6%.

Pending sales tell a mixed story

In ZIP 86001, pending sales fell to 84, down 32.3% from the same period in 2025. That is a notable drop. Fewer buyers are going under contract there.

ZIP 86005 went the other way. The Real Estate Data Aggregator counted 113 pending sales, up 8.7% from last year. More activity, even as prices pulled back.

Mortgage rates are adding pressure everywhere

Freddie Mac put the average 30-year fixed rate at 7.24% as of October 29, 2026. The 15-year rate averaged 6.60%. Those are not small numbers. They affect what buyers can offer in any ZIP code.

Realtor.com reported U.S. median days on market at 64 days for the week ending October 24, 2026. Both Flagstaff ZIP codes are selling faster than that national pace.

One street can read very differently from the whole ZIP code. The numbers above cover broad areas. Your block may be ahead of them or behind them. Text me and I can show you what is happening closer to your address.