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Foreclosure Homes in Prescott, AZ

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Prescott, AZ Foreclosures

Current Market Conditions in in Prescott, AZ As of March 2026?
Over the past month, Prescott's real estate market has seen a slight uptick in property sales, which can be attributed to increased interest from both local buyers and out-of-state individuals looking to relocate. The average home price has stabilized after a period of rapid escalation, showing signs of a balanced market as inventory levels begin to catch up with demand.
How much do homes sell for in Prescott, AZ?
The average home price is currently $628,506.
In Prescott, AZ, how many homes are available?
There are currently 324 active home listings available in Prescott.
What’s the average rental cost in Prescott, AZ?
The average rental price in Prescott is $1,623.
What is the most expensive home in Prescott?
The most expensive home sold in Prescott had a price of $61,452,870.
What is currently the cheapest priced home in Prescott, AZ?
The cheapest home for sale in Prescott is priced at $10,042.

Living in Prescott, AZ

Prescott, Arizona, is a charming city known for its rich history, stunning natural beauty, and vibrant cultural scene. Nestled in the picturesque Prescott National Forest, residents enjoy a delightful mix of outdoor activities and a warm community atmosphere. The historic Whiskey Row offers a glimpse into the Old West with its iconic saloons and vibrant shops, making Prescott a unique place to call home.

Buyer vs Seller Market in Prescott, AZ

The real estate market in Prescott is currently experiencing steady demand, driven by the area's attractiveness as a relocation destination for retirees and those seeking a more laid-back lifestyle. Home prices have shown resilience and continue to appreciate, with both single-family homes and condominiums seeing consistent sales activity.

In recent months, the average days on market for homes in Prescott have decreased, indicating a competitive market as buyers are eager to purchase. There is also a growing trend in new construction to meet the increasing housing demand, further contributing to the vibrancy of the local real estate scene.

Home Value Estimator For Prescott, AZ

There are currently 37,353 real estate properties in Prescott, AZ, with a median automated valuation model (AVM) price of $537,215.00. 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 $628,506.00, with the most expensive house in Prescott, AZ, topping out at $61,452,870.00 and the cheapest home in Prescott, AZ, clocking in at $10,042.00. 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 Foreclosures


Market Trend for Prescott, AZ

Total Listings Available: 324

Market Values:

Home Prices from $10,042 to $61,452,870

Average Sales Price: $628,506

Rental Values:

Rental from $520 to $4,520

Average Rent Value: $1,623 / month

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