Foreclosure Homes in Sedona, AZ

Current Market Conditions in Sedona, AZ

The real estate market in Sedona has seen a steady increase in home values over the past year, largely driven by the area's popularity as a vacation destination. Homes that offer beautiful views of the red rocks and easy access to outdoor activities are highly sought after, creating a competitive environment for buyers.

Sedona has become increasingly attractive due to its appeal as a second-home destination and wellness hub. This trend has continued to push prices upward, appealing to both local residents and out-of-state buyers. Many homes are now selling above asking price as inventory remains low.

Rent Prices In Sedona, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sedona, AZ, is on a rollercoaster ride. The average rent price in Sedona, AZ, is $1,995.00. Indeed, when looking to rent in Sedona, AZ, you can expect to pay as little as $530.00 or as much as $5,740.00, with the average rent median estimated to be $1,970.00. The good news is that finding an affordable and desirable property to rent in Sedona, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.