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Prescott, AZ

Single-Family Homes

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Prescott, AZ

Tue Oct 28 2025
This week the median list price for Prescott, AZ is $798,498 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has decreased to 590. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Prescott, AZ

Tue Oct 28 2025
This week the median list price for Prescott, AZ is $798,498 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has decreased to 590. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Prescott market.
Median List Price $798,498
Median Price of New Listings $596,750
Per Square Foot $345
Average Days on Market 138
Median Days on Market 98
Price Decreased 44%
Price Increased 1%
Relisted 12%
Inventory 590
Median Rent
Market Action 31
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
$1,497,450 3,164 1 - 2.5 acres 3 4 11 7 8 112
$899,900 2,533 0.5 - 1 acre 3 3 12 4 14 126
$699,450 2,149 0.25 - 0.5 acre 3 2.5 23 8 21 77
$415,000 1,344 8,000 - 10,000 sqft 3 2 42 15 15 63