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Fixer Upper Homes in Prescott, AZ

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Living in Prescott, AZ

Prescott, Arizona, is a thriving city that beautifully blends outdoor adventure with rich history and community charm. Its picturesque landscapes and vibrant downtown area attract both residents and visitors alike. Known for its historic architecture and a plethora of outdoor activities, Prescott offers a well-rounded lifestyle amidst stunning natural surroundings.

Current Market Conditions in Prescott, AZ

The real estate market in Prescott is robust, characterized by steady demand and a limited supply of homes. The town has been attracting buyers looking for vacation homes, retirees, and young families drawn to its beautiful landscapes and friendly community.

In recent months, home prices have seen a gradual increase, reflecting the growing interest in the area. This trend underscores Prescott's appeal as a desirable place to live, with a mix of historic properties and newer developments catering to various buyer preferences.

Home Value Estimator For Prescott, AZ

There are currently 29,835 real estate properties in Prescott, AZ, with a median automated valuation model (AVM) price of $553,646.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Prescott, AZ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Prescott, AZ, is $628,482.00, with the most expensive house in Prescott, AZ, topping out at $47,683,168.00 and the cheapest home in Prescott, AZ, clocking in at $14,667.00. In other words, there’s something for every potential homebuyer or savvy investor in Prescott, AZ!

Rent Prices In Prescott, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prescott, AZ, is on a rollercoaster ride. The average rent price in Prescott, AZ, is $1,623.00. Indeed, when looking to rent in Prescott, AZ, you can expect to pay as little as $520.00 or as much as $4,520.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Prescott, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Prescott, AZ Fixer Upper Homes


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