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Prescott housing market: home prices, trends

Prescott home prices: Zillow Home Value Index valued the typical home in Prescott, Arizona at $592,855 in September 2026. This was −0.3% compared with a year earlier and −3.6% below the July 2022 peak of $615,115.

Value of a typical home
$592,855
September 2026, Zillow ZHVI
Change over 12 months
−0.3%. Measured since September 2025.
Change over 10 years
+84.3%. Measured since September 2016.
Growth multiple since 2000
×3.5. Starting from $169,519.
Time on the market
79
Realtor.com, Prescott Valley, AZ metro.

Prescott home prices since 2000

Prescott is the steel line; the United States is the grey line. The typical Prescott home rose from $169,519 in January 2000 to $592,855, a change of ×3.50, while the US over those same months reached ×2.99. The boom high was $354,715 in November 2006; the low of $215,163 came in January 2012, −39.3%.

$100k$200k$300k$400k$500k$600k$700k200020052010201520202025Jan 2000 · $169,519$366,157$592,855Sep 2026PrescottUnited States$100k$200k$300k$400k$500k$600k$700k200020102020Jan 2000 · $170k$366k$593kSep 2026
Zillow Home Value Index for a typical home, with smoothing and seasonal adjustment. Zillow Research data
January 2000 · $169,519

Prescott median home price by year

Each yearly figure averages the twelve monthly values; for 2026 the latest month is shown.

YearPrescottChange on the yearUnited States
2000$171,428$125,745
2001$180,305+5.2%$134,899
2002$192,454+6.7%$144,276
2003$205,512+6.8%$155,308
2004$225,621+9.8%$169,891
2005$278,000+23.2%$189,732
2006$344,380+23.9%$206,531
2007$347,281+0.8%$208,449
2008$317,108−8.7%$195,574
2009$273,818−13.7%$177,542
2010$243,687−11.0%$171,462
2011$221,195−9.2%$162,508
2012$222,980+0.8%$161,137
2013$251,021+12.6%$171,420
2014$277,538+10.6%$182,996
2015$297,580+7.2%$192,738
2016$320,225+7.6%$204,509
2017$338,508+5.7%$216,767
2018$367,766+8.6%$230,541
2019$391,814+6.5%$242,088
2020$417,592+6.6%$257,151
2021$503,494+20.6%$295,959
2022$592,902+17.8%$340,014
2023$584,876−1.4%$348,160
2024$601,038+2.8%$359,751
2025$597,659−0.6%$362,959
September 2026$592,855−0.3%$366,157

What a home bought in Prescott in any year is worth today

An index-based estimate of a typical home, not an appraisal.

Each year's figure averages its twelve monthly index values; the value today is September 2026. More options: the home appreciation calculator.

Are you thinking about selling? On Realtor.com, compare local agents. Advertising disclosure: a payment may reach the site for links like this one, but the figures stay as they are. Disclosure.

Homes for sale and days on market in Prescott

76 out of 100, high

Five conditions that ran high before earlier price falls are what the score uses to rank Prescott against the 292 cities. Every input is scaled from 0 to 100 compared with the other cities, then the five scores are averaged, each carrying the same weight. It shows conditions as they are today; a crash is not something it predicts.

InputValueSub-scoreWeight
Active listings vs 2019+22.5%7520%
Time on the market vs 2019+14.5%7020%
Price-to-rent ratio26.68920%
12-month price change−0.3%6820%

This is not investment advice. How each input is scored: scoring method. All 292 cities, ranked: crash risk ranking.

Prescott living costs and rent prices

In September 2026 the Prescott Valley, AZ metro listed 1,814 homes for sale, which is +2.1% year over year and +22.5% measured against the same month of 2019. Selling took 79 days at the median (+14.5% against 2019); 22.3% of listings saw a price cut.

Prescott Valley, AZ metro, September 2026ValueOn a year
Active listings1,814+2.1%
New listings458
Median days on market79−5.4%
Median list price$625,000−3.9%
Share with a price cut22.3%

Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market for each city.

How to read this chart

The Zillow Observed Rent Index puts the typical asking rent in Prescott at $1,857 a month, +0.9% on a year. Paying that rent for 26.6 years would equal the cost of a typical home. BEA rates prices in the metro at 98.3, where the US average is 100, and housing costs at 98.8.

Other Arizona housing markets

For the whole state: Arizona housing market.

Each mark reflects the Zillow Home Value Index for Prescott, giving a smoothed and seasonally adjusted value in that month's dollars for a home typical of the market's middle third. The month selected on the slider is marked by a hollow dot; a terracotta dot shows the latest month. Inflation is not taken out of these figures, and an index tracks the typical home rather than one particular house. To value a single home, work from its own sale price using the home appreciation calculator or the card above it.