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Prescott Market Report

$640,027

AVERAGE PRICE OF 1,176 HOMES

$449,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,771,779

AVERAGE PRICE OF 190 MULTI-MILLION DOLLAR HOMES

$1,088,649

AVERAGE PRICE OF 180 NEWLY BUILT HOMES

$1,728,750

AVERAGE PRICE OF 4 HOMES WITH A POOL

$581,821

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $640,027
Avg Bedrooms 1.67 beds
Avg Bathrooms 1.57 baths

Average Price by Bedrooms

1 bedroom $249,968
2 bedrooms $450,967
3 bedrooms $861,143
4 bedrooms $1,179,990
5 bedrooms $1,192,986
Prescott Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 1,269 1,390 1,475 1,494 1,503
Average Price $656,463 $665,041 $670,430 $679,958 $670,527
Avg Price Change -1.31% -0.81% -1.42% +1.41% +0.69%
Median Price $487,062 $503,594 $513,316 $521,839 $519,791
Med Price Change -3.39% -1.93% -1.66% +0.39% +4.66%
Avg Bedrooms 1.66 beds 1.71 beds 1.73 beds 1.74 beds 1.74 beds
Avg Bathrooms 1.61 baths 1.71 baths 1.78 baths 1.86 baths 1.77 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,176 $640,027 195 days
Distressed Homes 1 $449,000 284 days
Multi-Million Dollar Homes 190 $1,771,779 167 days
Newly Built Homes 180 $1,088,649 234 days
Homes with a Pool 4 $1,728,750 193 days
Reduced Price Homes 57 $581,821 105 days
Your Northern Arizona “ONE” Team
100 East Sheldon, Suite 200
Prescott, AZ 86301
928-301-5999

Fair Housing/Equal Opportunity
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Based on information submitted to the MLS GRID as of January 13, 2025 4 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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