Prescott, KS Foreclosures
Current Market Conditions in in Prescott, KS As of March 2026?
Over the past month, Prescott has experienced a subtle shift in its real estate activity. There has been a slight uptick in home sales, attributed to seasonal factors and continued urban-to-rural migration trends. More listings have also entered the market, creating a wider selection for prospective buyers while still maintaining reasonable prices. Buyers are becoming increasingly interested in homes with more land and outdoor space, a trend that aligns well with Prescott's offerings. Sellers are encouraged to set competitive prices to attract the growing number of interested buyers in the area.
How much do homes sell for in Prescott, KS?
The average home price is currently $227,082.
What’s the average rental cost in Prescott, KS?
The average rental price in Prescott is $967.
What is the most expensive home in Prescott?
The most expensive home sold in Prescott had a price of $878,031.
What is currently the cheapest priced home in Prescott, KS?
The cheapest home for sale in Prescott is priced at $14,933.
Living in Prescott, KS
Prescott is a charming small town located in the heart of southeast Kansas, known for its tight-knit community and welcoming environment. The area offers a mix of rural charm and modern convenience, with local shops, parks, and schools nearby. It provides a tranquil lifestyle while still being within easy reach of larger cities.
Buyer vs Seller Market in Prescott, KS
Currently, Prescott's real estate market is stable, with a range of homes available for both first-time buyers and those looking to downsize. Properties are moderately priced, and the demand has sustained a balanced market without significant fluctuations. Sales pace has generally increased due to more buyers seeking serene rural lifestyles amidst the pandemic. Investors should note that homes in Prescott are seen as good long-term investments due to the town's low cost of living and solid community foundations.
In recent months, there has been a notable interest in Prescott real estate from families and individuals looking to move away from more densely populated areas, potentially leading to a slight increase in property values. New developments and infrastructure improvements are further enhancing its appeal.
Home Value Estimator For Prescott, KS
There are currently 204 real estate properties
in Prescott, KS,
with a median automated valuation model (AVM) price
of $148,160.00. 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, KS, 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, KS,
is $227,082.00, with the most expensive house
in Prescott, KS, topping out
at $878,031.00 and the cheapest home
in Prescott, KS,
clocking in at $14,933.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Prescott, KS!
Rent Prices
In Prescott, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Prescott, KS, is on
a rollercoaster ride. The
average rent price in Prescott, KS,
is $967.00. Indeed, when looking to rent in
Prescott, KS, you can expect to pay as little
as $500.00 or as much
as $1,940.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Prescott, KS
-- 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.
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