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FOREST LAKES, AZ 85931

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

Market Analysis

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

The FOREST LAKES, AZ real estate market (85931) currently shows 27 active listings, with 3 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 81 days on market compared to 86 days last year.

The median listing price has risen 18.1% year-over-year, from $589,500 to $696,225.

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 Context

Market Context

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

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

Market Overview

Active Listings
27
⇧ 12.5% vs 24 last year
Pending
3
11% pending ratio
Median Price
$696,225
⇧ 18.1% vs $589,500 last year
Average Price
$817,721
⇩ 1.5% vs $829,761 last year
Days on Market
81
⇩ 5.8% vs 86 days last year

Price Per Square Foot

Median $/sqft
$434
vs $434/sqft last year
Median Home Size
1,470 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 24 last year
  • Days on market: 81 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $696,225 (+18.1% YoY)
  • Average: $817,721 (-1.5% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 57.7 miles — 666 listings ($507,196,254 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85931Forest Lakes, AZ 859310.0 mi4$4,719,852$685,000$1,179,963
85933Overgaard, AZ 8593321.5 mi84$38,488,548$404,749$458,197
85541Payson, AZ 8554131.5 mi230$171,870,490$589,475$747,263
85554Young, AZ 8555432.1 mi8$6,803,200$799,000$850,400
85934Pinedale, AZ 8593437.2 mi8$4,155,312$424,900$519,414
85902Show Low, AZ 8590246.7 mi1$279,000$279,000$279,000
86335Rimrock, AZ 8633548.1 mi33$16,633,287$468,475$504,039
85553Tonto Basin, AZ 8555349.5 mi11$4,862,880$414,150$442,080
86032Joseph City, AZ 8603251.2 mi1$270,000$270,000$270,000
85942Woodruff, AZ 8594252.3 mi2$2,299,450$1,149,725$1,149,725
86025Holbrook, AZ 8602554.3 mi8$2,236,080$269,900$279,510
85929Lakeside, AZ 8592955.7 mi83$54,140,900$481,475$652,300
85263Rio Verde, AZ 8526357.7 mi193$200,437,255$869,250$1,038,535

Frequently Asked Questions

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

As of July 2026, there are 27 active listings in FOREST LAKES, AZ (zip code 85931), compared to 24 the prior year.

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

The median listing price in FOREST LAKES, AZ 85931 is $696,225 as of July 2026, a 18.1% increase from $589,500 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 81 days on the market before going under contract, compared to 86 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 July 2026, FOREST LAKES, AZ 85931 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 81 days on market compared to 86 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 $13,925 compared to a typical 5% commission on the median listing price of $696,225. 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.