Sedona, AZ 86336 Real Estate Market Report

ZIP Code: 86336
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Sedona, AZ are averaging 6.35% as of May 2026, reflecting a volatile interest rate environment that has fluctuated significantly throughout the year.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary indicator of recent market value is the $925,000 median sold price, which anchors pricing expectations and suggests transactions are completing well below the median listing price of $1,062,500, pointing to a gap between seller asking and realized sale values; down price momentum supports cautious seller pricing.

2. Liquidity appears muted: the very long median days on market of 1,012 signals slower sales velocity and extended listing periods, which may indicate increased buyer negotiation leverage and pricing friction in parts of the market.

3. Market structure is relatively balanced but slightly constrained on active supply in the analyzed sample, with a median price per square foot of $414 that reinforces premium valuation for well-located SFR and condominium inventory; investors and buyers should prioritize condition and location when underwriting. neutral market temperature descriptors apply to overall transaction dynamics.

4. External pressures are relevant: rent is trending up (up) with a median market rent of $2,300, while elevated interest rate pressure and prevailing mortgage rates around 6.35% are likely dampening buyer affordability and contributing to the observed price softness; underwrite deals assuming continued elevated financing pressure.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Sedona, AZ 86336 Real Estate Market Report

ZIP Code: 86336
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Sedona, AZ are averaging 6.35% as of May 2026, reflecting a volatile interest rate environment that has fluctuated significantly throughout the year.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary market indicator, the median sold price, is $133,250, which reflects recent transaction levels and should be treated as the most reliable signal of realized value in the area; note that the price year-over-year trend is down, suggesting softening relative to last year.

2. There is a large gap between the median listing price ($643,500) and the median sold price, which may indicate pricing friction where seller expectations exceed recent transaction prices and could create negotiation opportunities for buyers.

3. Liquidity appears slow based on the median days on market (1,596); this extended selling period suggests reduced sales velocity and that sellers may need to adjust pricing or terms to transact in a reasonable timeframe.

4. Rental fundamentals show a median market rent of $2,150 with rent year-over-year trend up, while interest rate pressure is elevated and market temperature is neutral, implying rental demand strength offset by higher financing costs that may weigh on purchase-side activity.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.