Prescott Area Real Estate Market Report
Prescott Area Real Estate Market Report
Looking for the latest Prescott real estate trends? You’ve come to the right place. Our quarterly Prescott Area Market Report offers a comprehensive snapshot of the local housing market—covering home prices, sales volume, inventory levels, and buyer behavior across Prescott, Prescott Valley, Chino Valley, Dewey-Humboldt, and surrounding communities.
Whether you're a homebuyer, home seller, or real estate investor, this report helps you stay informed and make confident decisions in today’s market.
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Scroll down to view the latest market breakdown, including insights by area, home type, financing method, and price range.
2025 2nd Quarter Market Report
- Total Inventory July 4th, 2025 = 1657 (*does not include “land-leases”)
- 878 total homes sold – 9.6 homes per day (no land leases)
- 35% of total sales were CASH, identical to Q1 '24
- 472 homes are currently “Pending”, similar to Q2 '24
- Average days on the market = 68
- Homes sold on average for 98% of their list price in all areas
- 5 bank-owned home sales and 2 short sales
- Most expensive sale: $2.32mil 4923 sq’ Talking Rock Prescott home
- Least expensive sale: $20,000 single-wide in Seligman
- Largest home: 8713 sq’ in Dewey for $1.275m
- Smallest home: 400 sq’ in Juniper Wood Ranch, Ashfork for $160,000
- 49% of sales were in Homeowners Associations
- 48 total sales over $1mil, 60% of those sales were cash
| Site Built Median Home Price | ||
|---|---|---|
| Prescott | PV | |
| 2025 Q2 | $670,000 | $492,500 |
| 2025 Q1 | $650,000 | $480,000 |
| 2024 | $660,000 | $498,190 |
| 2023 | $640,000 | $491,516 |
| 2022 | $662,500 | $470,000 |
| 2020 | $488,297 | $345,000 |
| 2010 | $250,000 | $143,000 |
| 2005 | $360,000 | $239,450 |
| Site Built Homes Sold by Price | Q2 '25 | Active July 4, 2025 |
|---|---|---|
| $200,000 and under | 7 | 17 |
| $200,001-$300,000 | 23 | 34 |
| $300,001-$400,000 | 106 | 116 |
| $400,001-$500,000 | 146 | 195 |
| $500,001-$650,000 | 145 | 244 |
| $650,001-$800,000 | 90 | 227 |
| $800,001-$999,999 | 73 | 200 |
| $1M - $1.5M | 35 | 167 |
| $1.5M PLUS | 15 | 96 |
Residential Properties Sold by Quarter
| Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Annual | Listed |
|---|---|---|---|---|---|---|
| 2000 | 483 | 637 | 648 | 588 | 2356 | |
| 2003 | 572 | 786 | 969 | 905 | 3232 | |
| 2004 | 728 | 1001 | 1155 | 970 | 3854 | |
| 2005 | 751 | 1012 | 1162 | 943 | 3906 | ~3600 |
| 2006 | 633 | 779 | 768 | 664 | 2844 | |
| 2007 | 591 | 722 | 672 | 523 | 2508 | |
| 2008 | 401 | 533 | 617 | 452 | 2003 | ~2400 |
| 2009 | 365 | 546 | 686 | 674 | 2271 | |
| 2010 | 579 | 869 | 736 | 773 | 2957 | |
| 2011 | 694 | 873 | 816 | 737 | 3120 | |
| 2012 | 753 | 856 | 950 | 878 | 3437 | |
| 2013 | 743 | 1005 | 993 | 829 | 3570 | |
| 2014 | 687 | 933 | 938 | 847 | 3405 | |
| 2015 | 702 | 1040 | 1089 | 913 | 3752 | |
| 2016 | 782 | 1029 | 1100 | 923 | 3834 | |
| 2017 | 839 | 1151 | 1155 | 1095 | 4240 | |
| 2018 | 850 | 1132 | 1142 | 1015 | 4139 | ~1450 |
| 2019 | 774 | 1118 | 1250 | 1063 | 4205 | ~1250 |
| 2020 | 880 | 984 | 1474 | 1357 | 4695 | ~625 |
| 2021 | 992 | 1250 | 1296 | 1288 | 4826 | ~425 |
| 2022 | 1036 | 1137 | 1015 | 890 | 4078 | ~750 |
| 2023 | 707 | 970 | 957 | 728 | 3362 | ~900 |
| 2024 | 747 | 985 | 888 | 898 | 3518 | ~1250 |
| 2025 | 712 | 878 | 1590* |
Residential Properties Sold By Month
| Month | 2005 | 2010 | 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| January | 238 | 173 | 219 | 254 | 262 | 294 | 199 | 210 | 207 |
| February | 200 | 178 | 248 | 251 | 324 | 322 | 217 | 253 | 246 |
| March | 313 | 228 | 315 | 374 | 406 | 420 | 291 | 284 | 259 |
| April | 276 | 320 | 290 | 323 | 381 | 361 | 267 | 328 | 281 |
| May | 355 | 238 | 344 | 269 | 397 | 402 | 347 | 335 | 308 |
| June | 348 | 311 | 395 | 393 | 472 | 374 | 356 | 322 | 289 |
| July | 358 | 240 | 366 | 501 | 424 | 350 | 303 | 301 | |
| August | 406 | 248 | 394 | 477 | 435 | 326 | 347 | 305 | |
| September | 358 | 248 | 340 | 496 | 437 | 339 | 307 | 282 | |
| October | 354 | 285 | 318 | 485 | 463 | 340 | 295 | 332 | |
| November | 287 | 232 | 298 | 442 | 426 | 285 | 218 | 274 | |
| December | 269 | 256 | 307 | 430 | 399 | 265 | 215 | 292 | |
| Total | 3906 | 2957 | 3834 | 4695 | 4826 | 4078 | 3362 | 3518 | 1590* |
All Homes Sold by Area:
Total: 878 (661 site built - 75%)
Prescott: 333 (38% of total sales)
Prescott Valley: 268 (30% of total sales)
Chino Valley/Paulden: 110
Dewey-Humboldt/Mayer: 101
Other areas in MLS: 66
Sales by Finance Type:
Cash: 311 (35%)
Conventional Loan: 357 (41%)
FHA loan: 118 (14%)
VA loan: 60 (7%)
Other: 32 (includes Owner-Carry loans)
Total Listed Inventory (July 4, 2025) /
Pending Sales by Seller Type:
Total: 1657 / 472
Non distressed: 1649 / 469
Bank owned: 7 / 3
Short Sales: 1 / 0
Average Days on Market /
Median List to Sell Ratio (site built only)
All Areas: 67 / 99%
Prescott: 61 / 98%
Prescott Valley: 66 / 99%
Chino Valley/Paulden: 66 / 98%
Dewey-Humboldt/Mayer: 89 / 99%
Sales by Seller Type:
Total: 878
Non distressed: 871
Bank owned: 5
Short Sales: 2
Total Listed Inventory (July 4, 2025) /
Pending Sales by Area:
All Areas: 1657 / 472
Prescott: 710 / 209
Prescott Valley: 347 / 110
Chino Valley/Paulden: 215 / 70
Dewey-Humboldt/Mayer: 185 / 50
| Q2 2025 | Site Built Sold | Median $/sqft | Manufactured Sold | Median $/sqft |
|---|---|---|---|---|
| All Areas | 661 | $305 | 155 | $229 |
| Prescott | 283 | $332 | 15 | $247 |
| Prescott Valley | 222 | $300 | 35 | $246 |
| Chino Valley/Paulden | 55 | $288 | 55 | $224 |
| Dewey-Humboldt/Mayer | 60 | $255 | 31 | $222 |
All information is deemed reliable but not guaranteed. Data source PAAR MLS. ©2025 RentRight | HomeRight
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302 W Willis St Ste 100
Prescott, Arizona 86305
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