86351, Sedona, AZ

Home Equity and Home Prices in the 86351 Zip Code of Sedona, AZ

The median home value in the 86351 zip code of Sedona, AZ is $269,000. This is a decrease from the previous year when the median home value was $277,000. The decrease in home values may be due to a number of factors including an increase in inventory and decreasing interest rates.

Despite this decrease in home values, there are still many homeowners who are benefiting from their equity in their homes. Homeowners who have equity in their homes can use this money to pay down debt or invest for future growth. Additionally, homeowners who have high home values may be able to sell their homes for a higher price than they paid if they choose to do so.

Overall, homeownership remains a strong investment option in Sedona and throughout Arizona. While there may be fluctuations in home values from year to year, overall homeownership is still a valuable asset for those looking to purchase or build a home.