What Is the Average Home Price in Sedona AZ Right Now in September 2026

The median home price in Sedona AZ right now in September 2026 is approximately $920,000 for single-family homes, with the broader average sale price (including outlier luxury properties) landing closer to $1.1 million. These figures reflect closed sales across the Sedona and Village of Oak Creek ZIP codes, primarily 86336 and 86351, and are consistent with data tracked through mid-2026.

What the Numbers Show Right Now

Sedona is not a high-volume market. The city proper has a permanent population of roughly 10,000 residents, and the total number of homes that change hands in any given month is relatively small, often between 25 and 55 closed transactions across both ZIP codes combined. That low volume means a handful of high-priced sales can move the average noticeably, so the median is a more reliable benchmark for most buyers and sellers.

According to current market data, the Sedona AZ housing market in 2026 shows median prices holding firm compared to late 2025, with modest appreciation in the 3 to 5 percent range year over year. That pace is slower than the surge Sedona saw in 2021 and 2022, but it reflects a market that has stabilized rather than corrected sharply.

Price per square foot currently averages around $425 to $490 for single-family homes in Sedona proper, with higher per-square-foot values on smaller homes with premium red rock views and lower per-square-foot figures on larger properties farther from the canyon corridors.

How Sedona Compares to the Broader Arizona Market

For context, the statewide Arizona median home price in September 2026 sits around $415,000 to $430,000, meaning Sedona's median is more than double the state average. Nearby Cottonwood, located about 18 miles west along SR-89A, has a median closer to $340,000. Flagstaff, roughly 28 miles north via US-89, runs around $560,000. Sedona's premium reflects the scarcity of buildable land within the red rock canyon system, the strong second-home and vacation-rental demand, and the limited housing stock relative to buyer interest.

2. Price Breakdown by Area and Property Type

Sedona's price range spans a wide spectrum depending on where in the market you are looking. A modest two-bedroom condo in the Village of Oak Creek can be found in the $400,000s, while a custom four-bedroom home with direct views of Cathedral Rock or Courthouse Butte can easily exceed $3 million. Knowing which sub-market you are in matters enormously.

Village of Oak Creek

The Village of Oak Creek (VOC), located at the southern end of Sedona in the 86351 ZIP code, typically carries lower price points than the central and uptown areas. Median single-family home prices in VOC currently run between $650,000 and $780,000, with entry-level homes on standard lots starting in the high $400,000s. The area includes a mix of 1970s and 1980s ranch-style homes, 1990s and 2000s stucco construction, and a growing number of renovated properties. The Oak Creek Country Club corridor and the streets surrounding Bell Rock and Courthouse Butte command premiums for their proximity to the Bell Rock Pathway and the area's distinctive butte views.

If you are researching agents who specialize in this part of the market, the article on the best real estate agent working in the Village of Oak Creek covers what to look for in a local specialist there.

Uptown and West Sedona

West Sedona, which stretches along SR-89A from the Y intersection toward Dry Creek Road and beyond, is the largest residential corridor in the city. Median prices here range from roughly $800,000 to $1.1 million for single-family homes. Lots tend to be larger than in VOC, and many properties back up to national forest land or sit within view of the Cockscomb, Capitol Butte, or the Dry Creek canyon walls. Streets like Soldier Pass Road, Coffee Pot Drive, and the neighborhoods off Sunset Drive consistently see strong buyer activity.

Uptown Sedona, the area immediately surrounding the Tlaquepaque Arts and Shopping Village and running north toward the Chapel of the Holy Cross road, is a smaller but high-demand pocket. Homes here often sit on smaller lots but carry significant view premiums. Prices in this corridor frequently exceed $1.2 million for mid-size homes, with luxury properties on the canyon rim trading well above $2 million.

Condos, Townhomes, and Vacant Land

Condos and townhomes represent a smaller share of Sedona's housing stock but provide a more accessible entry point. Attached units in the Village of Oak Creek and along the SR-179 corridor currently range from roughly $380,000 for a one-bedroom condo to $650,000 for a larger two-bedroom townhome with views. HOA fees vary widely, from around $200 per month to over $600 per month depending on the community's amenities and age.

Vacant land in Sedona is scarce and priced accordingly. Buildable lots within city limits range from around $250,000 for a modest parcel in VOC to well over $1 million for a view lot in West Sedona or the uptown area. Yavapai County and the City of Sedona have strict development regulations, and many parcels that appear on maps are not buildable due to slope, setback, or riparian restrictions, so buyers considering land should verify buildability with the city planning department before making any offer.

3. What Is Driving Sedona Home Prices in 2026

Several structural factors keep Sedona home prices elevated relative to comparable small cities in Arizona. Understanding them helps buyers and sellers interpret the numbers rather than just react to them.

Inventory Constraints and Lot Scarcity

Sedona is essentially landlocked by federal land. The Coconino National Forest and the Red Rock Secret Mountain Wilderness surround the city on nearly all sides, which means the total supply of residential land is fixed. There is no suburban expansion corridor the way there is in Phoenix or Tucson. When demand rises, prices absorb the pressure rather than new construction absorbing it. Active listings across both ZIP codes currently sit in the range of 150 to 200 homes at any given time, which is low relative to buyer demand.

Short-Term Rental Demand and Second-Home Buyers

Sedona draws approximately 3 million visitors per year, and a significant portion of housing demand comes from buyers who intend to use their property as a short-term rental, a second home, or both. This pool of buyers is less sensitive to mortgage rate fluctuations than primary-residence buyers because many are purchasing with cash or with investment income in mind. The City of Sedona has continued to regulate short-term rentals through its licensing framework, but permitted STR properties remain a meaningful part of the buyer calculus in this market.

If you are approaching Sedona as an investment buyer, the article on the go-to realtor in Sedona for real estate investors offers a deeper look at how to evaluate properties in this context.

New Construction and Renovation Activity

True new construction in Sedona is limited, but renovation activity is high. Many of the homes originally built in the 1980s and 1990s have been substantially updated in recent years, and fully renovated properties command a clear premium over comparable homes that have not been touched. Buyers in September 2026 should expect to pay roughly 10 to 18 percent more for a move-in-ready renovated home versus a similar home needing work, and that gap has been widening as construction costs for updates remain elevated.

4. How the Sedona Market Has Shifted Over the Past Year

The Sedona market in September 2026 is more measured than it was at the peak of 2021 and 2022, but it has not reverted to a buyer's market in any meaningful sense. The shift has been one of pace, not direction.

Days on Market and List-to-Sale Ratios

The median days on market for Sedona single-family homes currently runs between 45 and 75 days, compared to the frenzied 10 to 20 day averages seen during the 2021 to 2022 peak. Well-priced homes in desirable locations, particularly those with unobstructed red rock views or recent renovations, still receive multiple offers and close at or above list price. Homes that are priced aggressively or need significant work tend to sit longer and see price reductions before going under contract.

The list-to-sale price ratio currently averages around 96 to 98 percent across the Sedona market, meaning buyers are generally negotiating modest discounts off list price rather than bidding wars, though exceptions exist for the most desirable properties.

Price Reductions and Negotiating Room

Roughly 25 to 35 percent of active listings in Sedona have had at least one price reduction as of September 2026, which is higher than the peak years but not unusually elevated by historical standards. This means buyers have more room to negotiate than they did in 2021, particularly on properties that have been sitting for 60 days or more. Sellers who price correctly from day one are still selling efficiently; those who test the market with aspirational pricing are experiencing longer timelines.

For a detailed look at how pricing strategy affects outcomes for sellers, the article on selling a home in Sedona: pricing, timeline, and what to expect walks through the mechanics in depth.

For a broader view of current data, the Sedona Arizona Real Estate Market Report for August 2026 provides a useful independent reference point for tracking recent closed sales and inventory trends.

5. What These Prices Mean for Buyers and Sellers Right Now

The average home price in Sedona AZ in September 2026 tells a different story depending on which side of the transaction you are on. Here is how to read the current conditions practically.

Guidance for Buyers Entering the Market

Buyers have more breathing room in September 2026 than they did two or three years ago, but Sedona is not a market where lowball offers on quality properties gain traction. If you are budgeting in the $600,000 to $800,000 range, the Village of Oak Creek offers the most inventory and the broadest selection of property types. Above $1 million, West Sedona and the uptown corridor open up considerably, with meaningful view differentiation between properties at similar price points.

Getting pre-approved before touring is essential, not because sellers will necessarily require it immediately, but because the gap between seeing a property and wanting to move quickly can be very short when the right home comes up. Sedona properties with genuine view corridors or direct national forest access still generate competitive interest even in a more measured market.

The complete buyer's guide to homes for sale in Sedona covers the full purchase process from search through closing if you want a step-by-step walkthrough: Homes for Sale in Sedona: Buyer's Guide is a good place to start.

Guidance for Sellers Considering Listing

Sellers who purchased before 2020 are sitting on substantial equity, and the current market still supports strong returns for well-presented properties. The key variable right now is pricing accuracy. Homes that enter the market at realistic values, supported by recent comparable sales rather than peak-era wishful thinking, are moving in 30 to 60 days. Homes priced 8 to 12 percent above comparable sales are accumulating days on market and often end up closing below where they would have if priced correctly from the start.

Presentation also matters more than it did during the frenzy years. Professional photography, accurate floorplans, and staging or decluttering are no longer optional for a Sedona home priced above $800,000. Buyers at this price point are often comparing your property to several others and making decisions partly on how the home photographs and presents online before they ever schedule a showing.