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 10,890
Male population 5,100
Female population 5,790
Median age 58.60
Median age (male) 58.80
Median age (female) 58.60

Marital status (Number of people who have the following marital status)

Never married 2,064
Married 5,583
Separated 116
Widowed 578
Divorced 1,809

Population by age

Under 15 856
Age 15 to 24 543
Ages 25 to 44 1,841
Ages 45 to 64 3,651
Age 65 and over 3,999

Population mobility

Live in the same house as 1 year ago 9,620
Moved from abroad 185
Moved from a different state 492
Moved from the same county 265
Moved from the same state 321

Population by poverty level

Above poverty level 9,495
Below poverty level (daily income under $1.90/day) 1,366

Employment

White collar 4,363
Blue collar 501

Class of worker

Self employed 1,927
Private company 2,141
Not for profit company 302
Government workers 494

Households

Total households 5,647
Family households 3,086
Non-family households 2,561
Households with children 660
Households without children 4,987
Average people per household 1.92

Education (Number of people who have achieved the following levels of education)

No high school 238
Some high school 2,322
Some college 2,461
Associate degree 740
Bachelors degree 2,541
Graduate degree 2,158

Income/Financial

Average household income $88,255
Median household income $56,737
Median income under 25 $44,508
Median income 25-44 $56,197
Median income 45-64 $55,398
Median income over 65 $60,104

Housing occupancy

Housing units 7,591
Occupied housing units 5,647
Owner occupied units 4,169
Renter occupied units 1,478
Median housing costs per month $1,228
Median gross rent per month $1,240

Housing by year built

Year built median 1986
Built before 1939 79
Built between 1940 and 1949 172
Built between 1950 and 1959 303
Built between 1960 and 1969 498
Built between 1970 and 1979 1,618
Built between 1980 and 1989 1,777
Built between 1990 and 1999 1,703
Built between 2000 and 2009 1,142
Built after 2010 299

Housing mortgage situation

Houses with mortgage 2,105
Houses without mortgage 2,064
Median value with mortgage $497,600
Median value without mortgage $587,000
Demographic data shown in this section was gathered from the 2021 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.