Housing in Prescott, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$100,314
Prescott vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Prescott is highlighted.
Median Home Value
8th%ilemost expensive$71,100show rank
Median Rent
52nd%ilemost expensive rent$961show rank
Rent Burden
64th%ilehighest rent burden20.7%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$71,100
Median Rent
$961
Total Housing Units
154
Vacancy Rate
24.0%
Owner Occupied
90.6%
Renter Occupied
9.4%
Median Property Tax
$1,041
per year
Monthly Cost (w/ Mortgage)
$629
Housing Types
Single Family89.0%
Multi-Family2.6%
Mobile Home8.4%
The median home value in Prescott, MI is $71,100. According to Zillow, the home value index for Prescott is $100,314. The median rent is $961 per month (Census ACS). About 90.6% of housing units are owner-occupied. The median year homes were built is 1965. There are 154 total housing units.