Housing in Prescott, AZ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$575,000

Median List Price

$680,000

Price Per Sq Ft

$300

Days on Market

78

Active Inventory

354

Months of Supply

5.5

Balanced market

Zillow Home Value

$592,925

ZHVI — January 2026

Zillow Rent Index

$1,805

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.7%List Price 1.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

6.3%

Off Market in 2 Weeks

19.0%

Sale-to-List Ratio

96.8%

Buyer's market

Sold Above Asking
6.3%
Under Contract in 2 Wks
19.0%
Listings with Price Drops
30.2%

Market Activity

Source: Redfin

Homes Sold

64

New Listings

121

Pending Sales

116

Homes Sold 1.6%New Listings 3.2%Pending 4.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$300

Median List $/SF

$334

Sale $/SF 2.6%List $/SF 1.2%Mar 24Jan 26

Prescott vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Prescott is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$528,500

Median Rent

$1,304

Total Housing Units

25,807

Vacancy Rate

11.8%

Owner Occupied

68.1%

Renter Occupied

31.9%

Median Property Tax

$1,878

per year

Monthly Cost (w/ Mortgage)

$861

Housing Types

Single Family
72.6%
Multi-Family
20.6%
Mobile Home
6.8%

The current median sale price in Prescott, AZ is $575,000 according to Redfin data. Homes spend a median of 78 days on the market. 6.3% of homes sold above asking price. The market has 5.5 months of supply. The median price per square foot is $300. Zillow's observed rent index is $1,805/month. About 68.1% of housing units are owner-occupied. The median year homes were built is 1991. There are 25,807 total housing units.