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Housing in Prescott

1,194 homes sold in Prescott in the last year, at a typical $606K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Prescott homes are listed.

Homes sold
1,194
June 2025 to May 2026
Typical sale price
$606K
houses $638K · condos $332K
Price per square foot
$318
Arizona $253
Paid vs. asking
97.5%
11% sold over asking
For sale now
440
May 2026 · 111 sold that month
What sold · last 12 months

5% of Prescott’s sales are condos, at $305K less than a house

1059 houses and 63 condos sold in the year to May 2026. Houses sell faster.

Houses$638K

typical sale · 1059 sold in 12 months

Per square foot
$326AZ $251
Days to sell
65
Sold over asking
11%
Listings with a price cut
31%
Condos$332K

typical sale · 63 sold in 12 months

Per square foot
$276AZ $279
Days to sell
73
Sold over asking
8%
Listings with a price cut
33%
Fewer sales

Multi-family (2–4 units): 17 sold, typical $625K
Townhouses: 55 sold, typical $380K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

1,194 sales in the last year, against 1,366 in 2021 and a low of 922 in 2023. The typical sale went from $331K in 2016 to $606K.

Homes soldTypical sale price
035070010501400$325K$450K$575K$700K2012: 974 sold, typical $232K’122013: 1071 sold, typical $263K2014: 1012 sold, typical $279K’142015: 1101 sold, typical $314K2016: 1136 sold, typical $331K’162017: 1248 sold, typical $360K2018: 1201 sold, typical $379K’182019: 1252 sold, typical $397K2020: 1351 sold, typical $445K’202021: 1366 sold, typical $548K2022: 1116 sold, typical $616K’222023: 922 sold, typical $608K2024: 966 sold, typical $616K’242025: 1094 sold, typical $603KLast 12 months: 1194 sold, typical $606KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $600K buys in Prescott

Houseat $326 a sq ft
Condoat $276 a sq ft
The same money in Arizonaat $251 a sq ft

Is this asking price fair?

Check a listing against what Prescott homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Prescott are back to pre-pandemic levels, with about as many homes for sale

We read every month of Prescott’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,194 sales.

If you’re buying in Prescott

  • Shop in August. It brings about 133 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
  • You can negotiate. 30% of listings have cut their price, against 0% before the pandemic.
  • Offer under asking. Buyers paid 97.5% of the list price on average; 11% paid over.
  • You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 65 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 158 a month), but April is the most competitive: 20% of April sales close over asking. July and August offer nearly as much choice with fewer homes bid up (16%). September has the least competition (13%).

New listings a monthShare sold over asking
0408012016013%27%40%Sweet spotJan: 88 new listings a month, 15% sold over asking, 87 days to sellJFeb: 100 new listings a month, 15% sold over asking, 84 days to sellFMar: 128 new listings a month, 18% sold over asking, 72 days to sellMApr: 150 new listings a month, 20% sold over asking, 64 days to sellAMay: 158 new listings a month, 18% sold over asking, 58 days to sellMJun: 147 new listings a month, 17% sold over asking, 58 days to sellJJul: 131 new listings a month, 16% sold over asking, 61 days to sellJAug: 133 new listings a month, 15% sold over asking, 65 days to sellASep: 111 new listings a month, 13% sold over asking, 73 days to sellSOct: 102 new listings a month, 14% sold over asking, 69 days to sellONov: 82 new listings a month, 15% sold over asking, 81 days to sellNDec: 59 new listings a month, 16% sold over asking, 77 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Arizona as a whole

Prescott now2017–192021 peakAZ now
Sold over askingShare of sales that closed above the list price11%11%41%13%
Gone within two weeksShare of homes under contract within 14 days24%2%12%22%
Listings with a price cutShare of homes for sale that cut their price30%0%4%29%
Price paid vs. askingAverage sale price ÷ list price97.5%98%100.5%97.8%
Days to sellMedian days from listing to contract65774667
Supply

437 homes for sale on a typical day

That’s twice the 2022 low (224) and about the 2017–19 level.

2012: 478 for sale’122013: 463 for sale2014: 501 for sale2015: 498 for sale’152016: 467 for sale2017: 419 for sale2018: 434 for sale’182019: 433 for sale2020: 350 for sale2021: 236 for sale’212022: 224 for sale2023: 280 for sale2024: 362 for sale’242025: 440 for saleLast 12 months: 437 for saleNow
Room to negotiate

1 in 3 listings has cut its price

30% in the last year, against 0% in 2017–19 and 29% across Arizona. More sellers are pricing high and coming down.

2016: 0%’162018: 0%2021: 4%2022: 37%’222023: 29%2024: 29%2025: 30%’25Last 12 months: 30%Now
Prices by type

Since 2019, houses are up 52%, condos 57%

A house typically sold for $638K in the last year (1059 sales), a condo for $332K (63).

$250K$400K$550K$700K2013201520172019202120232025NowHouses 2013: $283K, 927 salesHouses 2014: $299K, 855 salesHouses 2015: $331K, 966 salesHouses 2016: $355K, 941 salesHouses 2017: $383K, 1056 salesHouses 2018: $407K, 1000 salesHouses 2019: $420K, 1050 salesHouses 2020: $478K, 1138 salesHouses 2021: $578K, 1161 salesHouses 2022: $656K, 947 salesHouses 2023: $638K, 786 salesHouses 2024: $650K, 821 salesHouses 2025: $637K, 950 salesHouses last 12 months: $638K, 1059 salesHouses $638KCondos 2013: $133K, 59 salesCondos 2014: $145K, 83 salesCondos 2015: $158K, 58 salesCondos 2016: $162K, 85 salesCondos 2017: $168K, 86 salesCondos 2018: $193K, 83 salesCondos 2019: $212K, 81 salesCondos 2020: $230K, 85 salesCondos 2021: $269K, 82 salesCondos 2022: $326K, 69 salesCondos 2023: $332K, 73 salesCondos 2024: $353K, 61 salesCondos 2025: $333K, 64 salesCondos last 12 months: $332K, 63 salesCondos $332K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Arizona

Prescott ranks 56th of 97 busy Arizona markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Prescott is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Prescott home costs about $3,330 a month

Mortgage
Property tax
Insurance
Rent

Price: Prescott’s typical sale, last 12 months. Property tax at Prescott’s 0.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Prescott is affordable on local pay is on Cost of living.

Before you buy in Prescott

Six things worth knowing

158

New listings in May

The month with the most choice. December has the fewest, about 59.

Best time to buy
0.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $606K home, about $2,030 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Prescott, from test results, graduation and how much students grow.

Schools in Prescott
19 min

Typical commute

The average one-way trip to work for people who live in Prescott.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Prescott Valley, Chino Valley, Dewey-Humboldt, Paulden and Spring Valley sell for less a square foot

The busier markets within 25 miles of Prescott, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Prescott1,194$606K$31811%65
Prescott Valley1,024$452K$27912%59
Chino Valley268$430K$27912%79
Williamson171$877K$35718%93
Paulden117$357K$22212%83
Dewey-Humboldt62$383K$25331%80
Spring Valley21$261K$18819%130

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Prescott, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Prescott. People who follow the town see it, and so do people comparing Prescott with their own town. No commission, no listing fee.

Questions about buying a home in Prescott

What do homes sell for in Prescott, AZ?

1,194 homes sold in the year to May 2026 at a typical $606K, $318 a square foot. Houses sold for about $638K, condos for about $332K.

Is Prescott a buyer’s or seller’s market?

A seller’s market: 440 homes were for sale in May 2026 and 111 sold, about 4 months of supply. Buyers paid 97.5% of asking on average, and 30% of listings cut their price.

When is the best time to buy in Prescott?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Prescott?

About 0.3% of a home’s value a year. On a $606K home that’s near $2,030.

Where can I see homes for sale in Prescott?

Zillow, Redfin, Realtor.com and Homes.com all carry Prescott’s MLS listings; the search links above open each one filtered to Prescott.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).