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 11,621
Male population 5,561
Female population 6,060
Median age 60.20
Median age (male) 59.60
Median age (female) 60.80

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

Never married 2,051
Married 6,042
Separated 111
Widowed 755
Divorced 1,925

Population by age

Under 15 848
Age 15 to 24 514
Ages 25 to 44 1,844
Ages 45 to 64 3,889
Age 65 and over 4,526

Population mobility

Live in the same house as 1 year ago 9,979
Moved from abroad 106
Moved from a different state 536
Moved from the same county 599
Moved from the same state 387

Population by poverty level

Above poverty level 10,189
Below poverty level (daily income under $1.90/day) 1,395

Employment

White collar 4,389
Blue collar 580

Class of worker

Self employed 1,876
Private company 2,402
Not for profit company 261
Government workers 430

Households

Total households 5,988
Family households 3,274
Non-family households 2,714
Households with children 533
Households without children 5,455
Average people per household 1.94

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

No high school 268
Some high school 2,568
Some college 2,638
Associate degree 832
Bachelors degree 2,591
Graduate degree 2,472

Income/Financial

Average household income $80,480
Median household income $54,714
Median income under 25 $0
Median income 25-44 $52,556
Median income 45-64 $57,500
Median income over 65 $57,939

Housing occupancy

Housing units 8,142
Occupied housing units 5,988
Owner occupied units 4,569
Renter occupied units 1,419
Median housing costs per month $1,175
Median gross rent per month $1,195

Housing by year built

Year built median 1986
Built before 1939 67
Built between 1940 and 1949 203
Built between 1950 and 1959 390
Built between 1960 and 1969 484
Built between 1970 and 1979 1,649
Built between 1980 and 1989 2,001
Built between 1990 and 1999 2,029
Built between 2000 and 2009 1,133
Built after 2010 186

Housing mortgage situation

Houses with mortgage 2,235
Houses without mortgage 2,334
Median value with mortgage $461,600
Median value without mortgage $519,700
Demographic data shown in this section was gathered from the 2020 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.