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Prescott, AZ

Single-Family Homes

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Prescott, AZ

Fri Nov 13 2026
This week the median list price for Prescott, AZ is $775,000 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has decreased to 561. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Prescott, AZ

Fri Nov 13 2026
This week the median list price for Prescott, AZ is $775,000 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has decreased to 561. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Prescott market.
Median List Price $775,000
Median Price of New Listings $749,900
Per Square Foot $341
Average Days on Market 171
Median Days on Market 105
Price Decreased 46%
Price Increased 1%
Relisted 9%
Inventory 561
Median Rent
Market Action 32
Slight Seller's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,400,000 3,270 1 - 2.5 acres 4 4 18 5 10 119
$895,000 2,520 0.5 - 1 acre 3 3 18 6 6 133
$674,997 2,046 0.25 - 0.5 acre 3 2 26 7 13 91
$429,985 1,445 8,000 - 10,000 sqft 3 2 41 5 12 91