New Listing
2
$55,000
1688 N Elaine Way
Prescott, AZ 86301
Land14,810 sqft lot
Keller Williams Arizona Realty
View photos & details
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Sarah Mitchell
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Compass Real Estate · Prescott, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Prescott, AZ(512) 555-0184TX License #0512847
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5.0 · 47 reviews
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Prescott, AZ Housing Market & Real Estate
Leaning buyer's+15.4% YoY
Housing market overview · Updated monthly ·
$675,000median sale price
How is the Prescott, AZ housing market right now?
The median home sale price in Prescott, AZ is $675,000, up 15.4% year-over-year. Homes sell in an average of 54 days with 440 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Prescott a buyer's or seller's market?
Leaning buyer's4.0 months of supply54 avg. days on market
Prescott, AZ is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 54 days. How we determine this →
Homes sold
111
Last 12 weeks
Days on market
54
Average pace
Active listings
440
4.0 months supply
Sale-to-list
97.8%
Below asking
What does the Prescott housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $675,000 |
| Median list price | $685,000 |
| Year-over-year price change | +15.4% |
| Average days on market | 54 days |
| Active inventory | 440 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $320/sq ft |
| Homes sold (latest month) | 111 |
| New listings (latest month) | 160 |
| Listings with a price cut | 32.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Prescott by property type?
How the Prescott, AZ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $699,225 | $328/sq ft | 98 | 51 days |
| Condo / Co-op | $343,000 | $262/sq ft | 5 | 75 days |
| Townhouse | $293,750 | $266/sq ft | 6 | 77 days |
Source: Redfin · Updated monthly
The Prescott housing market is currently classified as a leaning buyer's with a median sale price of $675,000. Prices have risen 15.4% compared to last year, with homes spending an average of 54 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.8x provides context for how home values compare to local earning capacity.
Homes for sale in Prescott
There are currently 440 homes listed for sale in Prescott, Arizona. The median listing price is $685K. Featured listings range from $55,000 to $1,195,000.
New Listing
14
$150,000
6265 E Vista Del Oro Dr
Prescott, AZ 86303
Land2.22 acres
Better Homes And Gardens Real Estate Bloomtree Realty
View photos & details
New Listing
3
$159,900
705 S Rancho Vista Dr
Prescott, AZ 86303
Land20,909 sqft lot
Panoramic Realty
View photos & details
New Listing
17
$300,000
1276 S Sylvian Rd
Prescott, AZ 86303
2 bd2 ba1,207 sqft$249/ft²
House8,276 sqft lot
Realty Executives AZ Territory
View photos & details
New Listing
25
$409,900
8520 S Hoot Owl Ridge Dr
Prescott, AZ 86303
2 bd1 ba1,277 sqft$321/ft²
House1.89 acres
Realty ONE Group Mountain Desert
View photos & details
New Listing
33
$470,000
9975 S Short Pine Trl
Prescott, AZ 86303
2 bd2 ba1,306 sqft$360/ft²
House2.99 acres
Molly Auman · Russ Lyon Sotheby's International Realty
View photos & details
$674,950
940 Santa Fe Cir
Prescott, AZ 86305
4 bd2 ba2,239 sqft$301/ft²
House8,712 sqft lot
Shawn Bellamak Realty
View photos & details
New Build
$716,712
3251 Iron King Cir
Prescott, AZ 86301
2 bd2 ba1,785 sqft$402/ft²
House8,276 sqft lot
RICHMOND AMERICAN HOMES OF ARIZONA, INC.
View photos & details
New Listing
48
$949,900
5550 W Cameo Cir
Prescott, AZ 86305
3 bd3 ba2,776 sqft$342/ft²
House2.49 acres
Coldwell Banker Northland
View photos & details
New Listing
51
$985,000
2615 N Woodland Hills Dr
Prescott, AZ 86305
4 bd3 ba3,462 sqft$285/ft²
House1.00 acres
Desert Reflections Realty
View photos & details
New Build
$996,629
5243 Dells Rail Trl
Prescott, AZ 86301
3 bd4 ba2,826 sqft$353/ft²
House10,454 sqft lot
RICHMOND AMERICAN HOMES OF ARIZONA, INC.
View photos & details
New Listing
$1,195,000
4155 W Oatman Flat Cir
Prescott, AZ 86305
3 bd4 ba2,559 sqft$467/ft²
House1.95 acres
eXp Realty
View photos & details
Looking to buy in Prescott?
Get connected with a local real estate expert — free, no obligation.
Active listings
440
Homes on market
Median list price
$685K
Avg. days on market
54
Days until sale
New this week
160
Newly listed
Price drops:32.3%of listings
Sale-to-list:97.8%
Who lives in Prescott?
Population
46,744
Median income
$69,151/yr
Median age
60.3 years
Owner-occupied
68.1%
College grads
41.1%
Avg commute
16.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Prescott?
Zillow home value
$606,760
Zillow rent index
$1,841/mo
Price-to-rent ratio
27.5x
Price-to-income
8.8x
Source: Zillow Research
What is it like to live in Prescott?
Prescott is a community of approximately 47K residents with a median age of 60.3 years.The median household income is $69,151, which represents a working-class community with solid middle-income opportunities. 41.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 68.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 16.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Prescott offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Prescott?
20 schools tracked · 5,523 students
The largest public schools serving Prescott, AZ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Prescott High School
Grades 8-12 · 1,466 students
BASIS Prescott
Grades K-12 · 599 students
Prescott Mile High Middle School
Grades 6-8 · 546 students
Abia Judd Elementary School
Grades K-5 · 490 students
Granite Mountain Middle School
Grades K-8 · 486 students
Taylor Hicks School
Grades K-5 · 393 students
Lincoln Elementary School
Grades K-5 · 290 students
Tri-City College Prep
Grades 5-12 · 280 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Prescott, AZ?
Want a head-to-head view? Compare Prescott side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Prescott?
Is Prescott a good real estate investment market?
For investors evaluating Prescott, the price-to-rent ratio of 27.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 15.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Prescott's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Prescott's median home price.
Frequently asked questions
What is the average home price in Prescott?
The median home sale price in Prescott is $675,000, up 15.4% from last year.
How long do homes stay on market in Prescott?
Homes typically spend 54 days on market before going under contract.
What is the median income in Prescott?
The median household income is $69,151 per year.
Is Prescott a buyer's or seller's market?
With 4.0 months of supply, Prescott is currently a leaning buyer's.
How many homes are for sale in Prescott?
There are currently 440 homes listed for sale in Prescott, AZ.
What is the Zillow home value estimate for Prescott?
The Zillow Home Value Index (ZHVI) for Prescott is $606,760, representing the typical home value in the area.
What is the median condo price in Prescott?
The median condo/co-op sale price in Prescott, AZ is $343,000, compared to $699,225 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Prescott?
The median single-family home price in Prescott, AZ is $699,225 (about $328 per square foot).
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