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Prescott, AZ

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Prescott, AZ

Wed Dec 03 2025
This week the median list price for Prescott, AZ is $760,745 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has decreased to 514. Click here to stay informed with the Prescott market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Prescott, AZ

Wed Dec 03 2025
This week the median list price for Prescott, AZ is $760,745 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has decreased to 514. Click here to stay informed with the Prescott market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Prescott market.
Median List Price $760,745
Median Price of New Listings $625,000
Per Square Foot $339
Average Days on Market 130
Median Days on Market 98
Price Decreased 48%
Price Increased 1%
Relisted 14%
Inventory 514
Median Rent
Market Action 32
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,495,000 3,132 0.5 - 1 acre 3 4 7 4 4 133
$892,450 2,566 0.25 - 0.5 acre 3 3 21 1 49 126
$674,500 2,081 0.25 - 0.5 acre 3 2 28 6 8 70
$399,900 1,292 6,500 - 8,000 sqft 2 2 40 6 11 70