Flagstaff, AZ Real Estate
According to census data in the year 2000 there were 21,430 housing units in Flagstaff.
This represents a 31.4% growth from 16,313 in 1990.
Of those housing units, 20,580 were located in either urbanized areas or urban clusters, and 850 were located in what is classified as a rural area.
Homeownership rate in Flagstaff is about 48.1%.
Flagstaff's vacancy rate, including seasonal lodging, is about 9.6%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Flagstaff were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.10% |
| One Bedroom | 15.40% |
| Two Bedrooms | 29.20% |
| Three Bedrooms | 34.80% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $161,000 |
| Median Price asked for vacant units | $182,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $691 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 9.60% |
| Simple Mortgage | 60.20% |
| Debt Free | 20.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
