Welcome to 2025! I hope the year is unfolding positively for you and those you love. It’s an appropriate time to reflect on the Flagstaff real estate market of 2024. The numbers below reflect only Flagstaff zip codes which include Doney Park, Kachina Village, Forest Highlands, Pine Canyon, and Flagstaff Ranch.
| All Types | Single Family | Townhouse | Condo | Manufactured | |
| Median Sold Price | $595,000 | $772,000 | $587,000 | $375,000 | $420,000 |
| Median Square Feet | 1,600 | 2,091 | 1,643 | 934 | 1,380 |
| Median Bed/Bath | 3/2 | 3/2 | 3/2 | 2/2 | 3/2 |
| High Sold | $7,550,000 | $7,550,000 | $2,500,000 | $1,700,000 | $619,000 |
The highest sold price in the market in 2024 reached a staggering $7.55M. It is no surprise this home is in Forest Highlands. The median price also remained high at $772K, indicating high resale value in the single-family housing category.
With median prices of $375K for condos and $420K for manufactured homes, these property types remain the most affordable options. Condos, in particular, appeal to first-time buyers and investors, while manufactured homes offer value for those seeking larger lots or more rural settings.
Median square footage trends show that condos are smaller on average (934 sq. ft.), catering to buyers prioritizing affordability and low-maintenance living. Meanwhile, townhomes offer more space (1,643 sq. ft.) at a moderate price point of $587K.
Across property types, the market remains competitive. With a median bed/bath count of 3/2, most homes cater to families or buyers looking for functional living spaces.
The Flagstaff market continues to show resilience and adaptability, catering to various buyer needs—from high-end luxury homes to affordable condos and manufactured housing. Single-family homes dominate the upper end of the market, but affordable options like condos and manufactured homes remain strong entry points.
As the saying goes, “knowledge is power,” so the more informed you are through credible information, the better decision-making can be.
If you or a friend or neighbor have questions regarding your property or the market, please reach out to me. I’ll be happy to provide the latest real estate-related information, such as what buyers are looking for, how to increase your home’s value, or the current market value of your property. I am never too busy for your referrals.