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Prescott, AZ 86301

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Prescott, AZ 86301

Fri Jul 11 2025
This week the median list price for Prescott, AZ 86301 is $649,184 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has held steady at or around 186. 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.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Prescott, AZ 86301

Fri Jul 11 2025
This week the median list price for Prescott, AZ 86301 is $649,184 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has held steady at or around 186. 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.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Prescott market.
Median List Price $649,184
Median Price of New Listings $495,000
Per Square Foot $324
Average Days on Market 99
Median Days on Market 56
Price Decreased 50%
Price Increased 1%
Relisted 10%
Inventory 186
Median Rent
Market Action 50
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,200,000 2,866 0.25 - 0.5 acre 3 3 8 2 1 56
$749,450 2,358 8,000 - 10,000 sqft 3 3 16 0 2 77
$575,000 1,795 8,000 - 10,000 sqft 3 2 27 2 2 49
$374,950 1,259 6,500 - 8,000 sqft 2 2 38 3 7 56