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Prescott Market Report

$655,288

AVERAGE PRICE OF 1,408 HOMES

$449,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,709,514

AVERAGE PRICE OF 254 MULTI-MILLION DOLLAR HOMES

$1,134,936

AVERAGE PRICE OF 176 NEWLY BUILT HOMES

$1,432,113

AVERAGE PRICE OF 8 HOMES WITH A POOL

$688,438

AVERAGE PRICE OF 58 REDUCED PRICE HOMES

Average Home

Average Price $655,288
Avg Bedrooms 1.71 beds
Avg Bathrooms 1.61 baths

Average Price by Bedrooms

1 bedroom $365,560
2 bedrooms $455,053
3 bedrooms $877,760
4 bedrooms $1,244,518
5 bedrooms $1,139,697
Prescott Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 1,261 1,239 1,177 1,269 1,390
Average Price $657,651 $651,909 $646,053 $656,463 $665,041
Avg Price Change +0.88% +0.91% -1.61% -1.31% -0.81%
Median Price $460,219 $474,872 $473,996 $487,062 $503,594
Med Price Change -3.18% +0.18% -2.76% -3.39% -1.93%
Avg Bedrooms 1.65 beds 1.67 beds 1.67 beds 1.66 beds 1.71 beds
Avg Bathrooms 1.56 baths 1.57 baths 1.56 baths 1.61 baths 1.71 baths
Total Homes Average Price Avg Days on Site
All Homes 1,408 $655,288 149 days
Distressed Homes 1 $449,000 382 days
Multi-Million Dollar Homes 254 $1,709,514 121 days
Newly Built Homes 176 $1,134,936 140 days
Homes with a Pool 8 $1,432,113 144 days
Reduced Price Homes 58 $688,438 93 days
Realty One Mountain Desert
Tim Vest
100 E. Sheldon St. Suite 200
Prescott, AZ 86303
928-237-4413

Fair Housing/Equal Opportunity
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Based on information submitted to the MLS GRID as of April 21, 2025 10 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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