Sedona Real Estate Market Report: Q3 2026

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Closed sales July 1 – September 30, 2026 · Active listings as of October 3, 2026 · ZIP codes 86336 and 86351 · Source: ARMLS · Updated October 4, 2026 · By Lauren DePoe, REALTOR®, Coldwell Banker Realty

In Q3 2026, 130 homes sold in Sedona’s 86336 and 86351 ZIP codes at a median price of $872,500, or $440 per square foot. The typical home spent 62 days on the market and sold for 96.0% of its original list price. On October 3, 2026, 246 homes were for sale — about 5.7 months of supply, close to the 6-month mark often used to separate a balanced market from a buyer’s market.

Sedona market at a glance

Measure Q3 2026
Homes sold 130
Median sale price $872,500
Median price per sq. ft. $440
Median days on market 62
Median sale price vs. original list price 96.0%
Median sale price vs. final list price 97.9%
Sales that had a price reduction first 36%
Listings cancelled or expired in Q3 74
Active listings (Oct. 3, 2026) 246
Median active list price $1,014,450
Active listings with a price reduction 41%
Months of supply 5.7
Source: ARMLS, residential sales in ZIP codes 86336 and 86351, July 1 – September 30, 2026; active listings as of October 3, 2026.

Sedona (86336) vs. Village of Oak Creek area (86351)

Q3 2026 86336 86351
Homes sold 74 56
Median sale price $992,500 $759,000
Median price per sq. ft. $468 $406
Median days on market 56 65
Sale price vs. original list 94.8% 98.0%
Active listings (Oct. 3) 147 99
Median active list price $1,295,000 $845,000
Source: ARMLS. ZIP 86351 includes the Village of Oak Creek area south of Sedona.

By price range

Supply is very different depending on price. Homes under $1.5 million had roughly 4 to 6 months of supply. Above $2.5 million, 42 homes were for sale and 4 sold during the quarter.

Price range Active (Oct. 3) Sold in Q3 Months of supply Median days on market Sold vs. original list Share of listings that sold*
Under $750K 71 49 4.3 59 94.6% 80%
$750K–$1M 52 27 5.8 41 97.6% 63%
$1M–$1.5M 44 30 4.4 76 95.8% 65%
$1.5M–$2.5M 37 20 5.5 56 96.9% 53%
$2.5M+ 42 4 31.4 81 92.7% 25%
*Sold ÷ (sold + cancelled + expired) during Q3. Sold homes are grouped by sale price; active, cancelled and expired listings by list price. Small groups (such as 4 sales over $2.5M) can swing widely from quarter to quarter.

Pricing right the first time

Homes that sold at their original price went under contract in a median of 39 days and sold for 98.8% of their original list price. Homes that needed a price reduction took a median of 150 days and sold for 88.9% of their original list price.

Q3 2026 sales Homes sold Median days on market Sold vs. original list
No price reduction 83 39 98.8%
Price reduced before sale 47 150 88.9%
Source: ARMLS, Q3 2026 closed sales in 86336 and 86351.

By property type

Q3 2026 Homes sold Median sale price Median price per sq. ft. Median days on market
Single-family homes 100 $1,057,200 $462 52
Townhomes, condos & patio homes 23 $530,000 $396 66
Manufactured homes (owned land) 7 $417,500 $353 136
Source: ARMLS. Manufactured homes on leased land are excluded.

Questions about the Sedona market

What is the median home price in Sedona right now?

The median sale price in Sedona’s 86336 and 86351 ZIP codes was $872,500 in Q3 2026 (July–September), based on 130 sales. Single-family homes had a median of $1,057,200, and townhomes and condos had a median of $530,000.

Is Sedona a buyer’s market or a seller’s market?

Overall, Sedona had about 5.7 months of supply at the end of Q3 2026, which is close to balanced and leans slightly toward buyers. It depends heavily on price: homes under $750,000 had about 4.3 months of supply, while homes over $2.5 million had more than 30 months.

How long does it take to sell a home in Sedona?

The median Sedona home that sold in Q3 2026 spent 62 days on the market. Homes priced correctly from the start sold faster, in a median of 39 days, while homes that needed a price reduction took a median of 150 days.

Do Sedona homes sell for asking price?

Most sell slightly below. In Q3 2026, the median Sedona home sold for 96.0% of its original list price and 97.9% of its final list price. Homes that never had a price reduction sold for a median of 98.8% of list.

Is the Village of Oak Creek less expensive than Sedona?

Yes, on average. In Q3 2026, the median sale price in ZIP 86351, which includes the Village of Oak Creek area, was $759,000 ($406 per square foot), compared with $992,500 ($468 per square foot) in ZIP 86336.

How many homes don’t sell in Sedona?

In Q3 2026, 130 homes sold and 74 listings were cancelled or expired, so about 64% of listings that left the market during the quarter ended in a sale. Some cancelled listings may come back on the market later.

For neighborhood details, see the Sedona and Village of Oak Creek community guides, or see what your home is worth.

About this data. Source: Arizona Regional Multiple Listing Service (ARMLS). Includes residential listings (single-family, townhouse, condominium/apartment, patio home and manufactured homes on owned land) in ZIP codes 86336 and 86351; listings on leased land are excluded. Closed, cancelled and expired figures cover July 1 – September 30, 2026. Active listings are as of October 3, 2026 and exclude 3 listings on temporary hold. Days on market are as reported by ARMLS. Months of supply = active listings ÷ average monthly closed sales for the quarter. Price reductions compare the final list price with the original list price. Figures are medians unless noted. Data is deemed reliable but not guaranteed. Compiled by Lauren DePoe, REALTOR®, Coldwell Banker Realty.