Sedona - 86351

As of October of 2024, Homes in 86351 ZIP Code have appreciated by 2.76%, with the median home value standing at $822,533, according to Zillow.

There are currently 495 active short-term rentals in 86351 ZIP Code. The average daily rate for these rentals is $170. This translates to an annual revenue of $41,242 for short-term rentals as of October of 2024.

86351 ZIP Code is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.

As of October of 2024, the average gross yield for short-term rentals in 86351 ZIP Code is 5.02%. However, potential investors should also consider the average property tax, which stands at 0.52% according to SmartAsset.

The median household income in 86351 is $58,231.

As of October of 2024, the occupancy rate for Airbnb rentals in 86351 is 70%, which is higher than the average occupancy rate for the United States.

As of October of 2024 The unemployment rate in 86351 ZIP Code is 3.3%, which is lower than the national average of 4.1%.

The most impactful amenities for short-term rentals in 86351 include a Baby monitor, Boat slip, and Window guards.

86351 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Phoenix, AZ (6.61% of all guests), Tucson, AZ (2.55% of all guests), and Los Angeles, CA (2.51% of all guests).

The top short-term rental hosts in 86351 ZIP Code include Sedona, Evolve and Foothills Property Management. These hosts have an average rating of 4.95, 4.85 and 4.82 respectively.

The most popular property types in 86351 ZIP Code are 2-bedroom units, with an average daily rate of $170 and an annual revenue of $47,435.

The average booking lead time for short-term rentals in 86351 ZIP Code is 76 days.