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Sedona Arizona | The Six-Million Dollar Market

       Sedona, Arizona -  A resort real estate market barely alive....  But, gentlemen.   We have rebuilt her!    We had the technology and capability to build back with bionic strength Arizona's premiere resort and vacation destination.  Better than it was before.  Better, Stronger...and Friendlier than ever!
Resort towns typically offer the best of everything, and Sedona is no exception to the rule. Sedona truly has it all;  fine restaurants, unique shopping and galleries, posh spas and lavish resort accommodations, all surrounded by an exceptionally gorgeous, nearly surreal, desert setting.
       What was once a sleepy and seasonal tourist town, known only by locals and subscribers to Arizona Highways Magazine, Sedona AZ has slowly transformed into a world class resort & Spa destination and Sedona attracts tourists and new residents from all over the world. In fact, approximately 4 million tourists visit Sedona AZ annually.
        Before that, Sedona was nothing more than a collection of farms and ranches, which used the waters of Oak Creek to irrigate orchards and crops.     
       In the 30's and 40's, Sedona was introduced to the world by camera crews shooting Westerns against Sedona red rock backdrops and vistas and an Arizona star was born, as actors and actresses began buying properties in the area. While Westerns have faded from the radar, Sedona continues to be prominently featured in advertising and music videos. 
       Sedona is unquestionably the creative and cultural center of the Verde Valley, as well as all of Northern Arizona. An appreciation of art and the finer things in life is obvious as you drive through the streets of Sedona, reflected in the architecture, landscaping and sculpture all over the city. 
       Sedona, in addition to having notoriety as one of the West's premiere artist communities, Sedona also attracts outdoor enthusiasts of all walks.  Sedona is an extremely popular destination for mountain biking, hiking, and birding.
       City is not quite an appropriate word for Sedona, or for any of the Verde Valley’s communities for that matter. Only about 13, 500 residents live in Sedona (around 6,000 residents in the Village of Oak Creek), according to 2002 population estimates. 
       Real estate offerings in Sedona trend toward upscale and exquisite- pricing tends to be significantly higher here than any other Verde Valley community. This is, in part, due to the fact that Sedona is running out of vacant land left for development. 
       Completely surrounded by National Forest, State and BLM Lands, Sedona land offered for private sale is becoming a very scarce commodity. It is estimated that Sedona is more than 90% built out.  In fact, only about 17% of all land in Arizona is in private hands.  The remaining 83% is owned the the Forest Service, The State, or the Bureau of Land Management. 
       Though Sedona real estate price tags are higher than anywhere else the Verde Valley, the recent  housing crisis has made Sedona home prices far more attractive.  These prices are luring buyers back, who once thought Sedona was out of reach. 
      Give a call or e-mail us if we can help you with your relocation or second home in Sedona, Arizona!

Move to Sedona

Population
Total population 11,788
Male population 5,485
Female population 6,303
Median age 60.10
Median age (male) 60.70
Median age (female) 59.80
Marital status (Number of people who have the following marital status)
Never married 2,018
Married 6,299
Separated 111
Widowed 644
Divorced 2,050
Population by age
Under 15 777
Age 15 to 24 647
Ages 25 to 44 1,800
Ages 45 to 64 4,112
Age 65 and over 4,452
Population mobility
Live in the same house as 1 year ago 10,020
Moved from abroad 208
Moved from a different state 485
Moved from the same county 654
Moved from the same state 405
Population by poverty level
Above poverty level 10,310
Below poverty level (daily income under $1.90/day) 1,440
Employment
White collar 4,302
Blue collar 537
Class of worker
Self employed 1,391
Private company 2,554
Not for profit company 373
Government workers 521
Households
Total households 6,181
Family households 3,411
Non-family households 2,770
Households with children 633
Households without children 5,548
Average people per household 1.90
Education (Number of people who have achieved the following levels of education)
No high school 201
Some high school 2,298
Some college 3,134
Associate degree 1,059
Bachelors degree 2,696
Graduate degree Not available
Income/Financial
Average household income $84,152
Median household income $59,212
Median income under 25 $0
Median income 25-44 $61,672
Median income 45-64 $59,737
Median income over 65 $58,694
Housing occupancy
Housing units 8,031
Occupied housing units 6,181
Owner occupied units 4,810
Renter occupied units 1,371
Median housing costs per month $1,160
Median gross rent per month $1,203
Housing by year built
Year built median 1985
Built before 1939 67
Built between 1940 and 1949 116
Built between 1950 and 1959 493
Built between 1960 and 1969 592
Built between 1970 and 1979 1,818
Built between 1980 and 1989 1,843
Built between 1990 and 1999 2,026
Built between 2000 and 2009 938
Built after 2010 138
Housing mortgage situation
Houses with mortgage 2,442
Houses without mortgage 2,368
Median value with mortgage $407,300
Median value without mortgage $478,200
Demographic data shown in this section was gathered from the 2018 American Community Survey and is deemed reliable but is not guaranteed. No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.