Prescott, AZ · Market Data

Prescott, Arizona real estate market data.

Real estate market data for Prescott, AZ (Yavapai County) — Census median home value $528,500, county listing prices up about 2.6% over the past year.

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Prescott, AZ is in Yavapai County, Arizona — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 46,744, with a median household income of $69,151. Census data puts Prescott's median home value at $528,500.

At a glance

Prescott market snapshot

Population

46,744

Median Household Income

$69,151

Median Home Value (city)

$528,500

Median Gross Rent

$1,304/mo

Price Trend (YoY)

+2.6%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Prescott

What makes Prescott different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Prescott's median home value — across all owner-occupied homes, not just recent sales — at $528,500.

County Price Trend

Yavapai County's FHFA house price index shows a 2.64% annual change in 2025.

Population & Income

Prescott has an estimated population of 46,744 and a median household income of $69,151, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Prescott's Census-reported median home value works out to about 7.6x the area's median household income, and median gross rent runs roughly 23% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Prescott FAQ

What are home values like in Prescott, AZ?

The Census Bureau's American Community Survey puts Prescott's median home value at $528,500.

What is the population of Prescott, AZ?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Prescott's population at approximately 46,744.

What's the median rent in Prescott, AZ?

The Census ACS estimates median gross rent in Prescott at approximately $1,304 per month.

What is the median household income in Prescott, AZ?

Census ACS data puts the median household income in Prescott at approximately $69,151.

Is the Prescott housing market growing?

Yavapai County's FHFA house price index shows a 2.64% annual change in 2025.

Is Prescott, AZ affordable relative to income?

Census ACS data puts Prescott's median home value at about 7.6 times the median household income, with median gross rent equal to roughly 23% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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