Prescott's October First-Time Homebuyer Report

Prescott has a much younger population than other areas in Arizona with a median age of 54 years. It is also affluent with a median income of $42,893 per household. The Prescott market almost exclusively consists of detached houses, accounting for 90% of the current homes in the area. Topping the list of best schools in the city is Granite Mountain Middle School.

Price Range

Some of the more expensive homes in Arizona are in Prescott with a median home value of $206,400 and an average list price for available homes currently at $550,032. The Prescott market warmed up this week as sales climbed 4.8% to hit 22 homes sold over the last 30 days.

Out of all the listings in Prescott, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$299K   $749K   $209K  

Typical Dwelling

The typical dwelling in Prescott is a three-bedroom detached home worth about $514,131. To purchase a similar home, a buyer with good credit and a $102,826 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,933 monthly payment. The property tax rate is $6.70 per $1,000 of taxable assessed value.

Get started right now by checking out Prescott homes for sale or reviewing Prescott real estate trends.


Data reported through 10/13/2016

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