85931 — Forest Lakes, AZ Home Values
Typical home value $559,274 as of June 2026 · 6th of 11 in Flagstaff, AZ
Blue: typical home value (Zillow ZHVI) in ZIP code 85931, June 2021 to June 2026. This page shows observed data only; no forecast.
How 85931 compares in the Flagstaff, AZ area
ZIP code 85931 (Forest Lakes, AZ) has a typical home value of $559,274 as of June 2026, ranking 6th of 11 ZIP codes tracked in the Flagstaff, AZ area, more expensive than about 55% of ZIP codes in the metro. Prices here have moved 0.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +33.9%, from $417,626 in June 2021 to $559,274 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Flagstaff, AZ forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Flagstaff.
Population and demographics
ZIP code 85931 has a population of 225, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 95.3% White, 1.7% Black or African American, 1.7% two or more races, and 1.3% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Capps Elementary School | 3375 BUCKSKIN CANYON RD, HEBER, AZ | 18.6 mi |
| Young High School | HWY 288 BAKER RANCH RD, YOUNG, AZ | 18.8 mi |
| Young Elementary School | HWY 288 BAKER RANCH RD, YOUNG, AZ | 18.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 85931?
$559,274 as of June 2026, the latest month Zillow has published observed data for.
Is 85931 an expensive ZIP code in the Flagstaff, AZ area?
85931 ranks 6th of 11 ZIP codes in the Flagstaff, AZ area by typical home value, more expensive than about 55% of ZIP codes in the metro.
How much have home values in 85931 changed over the past year?
0.0% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 85931?
225, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 85931?
Capps Elementary School (18.6 mi), Young High School (18.8 mi), Young Elementary School (18.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 85931?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Flagstaff, AZ forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.