I'm installing a 14 seer heat pump and an xr80 furnace for $5235 total. Is this a good price on this deal?

Prices are different in different states and cities, I would get serveral estimates from different companies on the same equipment, and compare

Get three to four estimates from reputable companies and then make your decision. If yo go getting 10 estimates your going to be all over the board from trunk slammers trying to undercut the real deal. It sounds to be in line but as wmproop said prices are different in different states.