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Foreclosure Auction Homes in Prescott, AZ

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Living in Prescott, AZ

Prescott, AZ is a vibrant community known for its stunning natural beauty and rich cultural heritage. With a small-town feel, it offers residents numerous outdoor activities, a charming downtown, and excellent educational facilities. Prescott is ideal for those seeking a balanced lifestyle that combines adventure with urban amenities.

Current Market Conditions in Prescott, AZ

In recent years, Prescott has experienced a growing demand for real estate, driven by an influx of retirees and families seeking a high quality of life. The housing market remains active as buyers are drawn to the area's scenic beauty, affordability compared to larger cities, and strong community spirit.

Home prices in Prescott have shown an upward trend, reflecting the desirability of the area. Investors can find opportunities across various property types, from single-family homes to multi-family units, making it an attractive market for real estate investment.

Home Value Estimator For Prescott, AZ

There are currently 29,836 real estate properties in Prescott, AZ, with a median automated valuation model (AVM) price of $556,619.00. 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 $633,093.00, with the most expensive house in Prescott, AZ, topping out at $47,816,298.00 and the cheapest home in Prescott, AZ, clocking in at $14,676.00. 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 Foreclosure Auction Homes


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