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Land Foreclosures in Prescott, IA

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Prescott, IA Foreclosures

Current Market Conditions in in Prescott, IA As of February 2026?
Over the past month, Prescott has seen a slight uptick in home prices by approximately 2% as demand continues to outpace available listings. With more potential buyers entering the market, homes are being listed and sold more rapidly, pushing up prices steadily. Real estate professionals are optimistic about the direction the market is heading, encouraging developments and renovations that align with community aesthetics.
How much do homes sell for in Prescott, IA?
The average home price is currently $223,659.
What’s the average rental cost in Prescott, IA?
The average rental price in Prescott is $1,073.
What is the most expensive home in Prescott?
The most expensive home sold in Prescott had a price of $991,540.
What is currently the cheapest priced home in Prescott, IA?
The cheapest home for sale in Prescott is priced at $24,237.

Living in Prescott, IA

Prescott, IA, is a small, welcoming town that epitomizes community living. With a range of local amenities, quality schools, and outdoor activities, it provides a perfect balance of small-town charm and modern conveniences. Residents enjoy a slower pace of life with access to nature and community events.

Buyer vs Seller Market in Prescott, IA

The real estate market in Prescott has shown stable growth, with an increasing interest from homebuyers attracted by its affordable housing options and tight-knit community feel. Properties are moving quickly as available listings remain limited due to low inventory, leading to a competitive market.

Renovated historic homes are gaining popularity as buyers look for character in their homes. The community's inviting nature and slower pace attract families and retirees alike.

Home Value Estimator For Prescott, IA

There are currently 267 real estate properties in Prescott, IA, with a median automated valuation model (AVM) price of $167,675.00. 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, IA, 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, IA, is $223,659.00, with the most expensive house in Prescott, IA, topping out at $991,540.00 and the cheapest home in Prescott, IA, clocking in at $24,237.00. In other words, there’s something for every potential homebuyer or savvy investor in Prescott, IA!

Rent Prices In Prescott, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prescott, IA, is on a rollercoaster ride. The average rent price in Prescott, IA, is $1,073.00. Indeed, when looking to rent in Prescott, IA, you can expect to pay as little as $770.00 or as much as $1,250.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Prescott, IA -- 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, IA Land


Market Trend for Prescott, IA

Total Listings Available: 0

Market Values:

Home Prices from $24,237 to $991,540

Average Sales Price: $223,659

Rental Values:

Rental from $770 to $1,250

Average Rent Value: $1,073 / month

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