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FOREST LAKES, AZ 85931

Real Estate Market Report  ·  Coconino County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
6
vs 6 last year
Pending
1
17% pending ratio
Median Price
$720,000
⇧ 3% vs $699,000 last year
Average Price
$1,065,960
⇧ 33.1% vs $800,949 last year
Days on Market
71
⇩ 51.7% vs 147 days last year

Market Context

Population: 233  ·  Density: 0.3/mi²  ·  Median household income: $83,629

Typical home value: $385,390  ·  Homeownership: 89.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FOREST LAKES, AZ real estate market (85931) currently shows 6 active listings, with 1 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 71 days on market compared to 147 days last year.

The median listing price has risen 3% year-over-year, from $699,000 to $720,000.

Whether you are buying or selling in FOREST LAKES, AZ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 71 now vs 147 last year

Median & Average Pricing

Year over Year
  • Median: $720,000 (+3% YoY)
  • Average: $1,065,960 (+33.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 57.7 miles — 642 listings ($483,504,962 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85931Forest Lakes, AZ 859310.0 mi6$6,395,760$720,000$1,065,960
85933Overgaard, AZ 8593321.5 mi89$40,651,640$377,900$456,760
85541Payson, AZ 8554131.5 mi213$154,191,978$575,000$723,906
85554Young, AZ 8555432.1 mi10$6,945,000$699,000$694,500
85934Pinedale, AZ 8593437.2 mi10$5,412,550$441,500$541,255
85902Show Low, AZ 8590246.7 mi1$279,000$279,000$279,000
86335Rimrock, AZ 8633548.1 mi29$14,092,898$414,500$485,962
85553Tonto Basin, AZ 8555349.5 mi11$4,800,587$379,000$436,417
86032Joseph City, AZ 8603251.2 mi2$580,000$290,000$290,000
85942Woodruff, AZ 8594252.3 mi2$2,299,450$1,149,725$1,149,725
86025Holbrook, AZ 8602554.3 mi8$1,841,144$254,000$230,143
85929Lakeside, AZ 8592955.7 mi81$57,362,175$499,900$708,175
85263Rio Verde, AZ 8526357.7 mi180$188,652,780$895,000$1,048,071

Frequently Asked Questions

How many homes are for sale in FOREST LAKES, AZ 85931?

As of January 2026, there are 6 active listings in FOREST LAKES, AZ (zip code 85931), compared to 6 the prior year.

What is the median home price in FOREST LAKES, AZ 85931?

The median listing price in FOREST LAKES, AZ 85931 is $720,000 as of January 2026, a 3% increase from $699,000 the prior year.

How long do homes stay on the market in FOREST LAKES, AZ?

Homes in FOREST LAKES, AZ 85931 spend an average of 71 days on the market before going under contract, compared to 147 days the prior year.

Is it a seller's or buyer's market in FOREST LAKES, AZ 85931?

Based on current inventory and days-on-market data as of January 2026, FOREST LAKES, AZ 85931 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 71 days on market compared to 147 days last year.

How much can I save on real estate commission in FOREST LAKES, AZ?

With SELL123.com's maximum 3% commission, sellers in FOREST LAKES, AZ 85931 save an estimated $14,400 compared to a typical 5% commission on the median listing price of $720,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.