Sep 2026
$512K
+1.7% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Prescott, AZ housing market
Prescott, AZ metro median sale price $512K in Sep 2026, up 1.7% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Prescott, AZ metro is $512K as of Sep 2026, up 1.7% from a year earlier. That change sits near the middle of the 193 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: down 0.7% through Q2 2026.
On median sale price, Prescott ($512K) ranks 2nd of the six Arizona metros Pecan Street tracks, between Flagstaff ($691K) and Phoenix ($458K). On median days on market, Prescott (79 days) ranks 2nd of the six Arizona metros, between Flagstaff (88 days) and Lake Havasu City (76 days). On share of listings with a price cut, Prescott (35%) ranks 3rd of the six Arizona metros, between Tucson (38%) and Lake Havasu City (32%).
Listings spent a median 79 days on market in Sep 2026, the 18th-most of the 195 metros. 35% of active listings carry a price cut, 0.7 points more than a year earlier. That share is lower than in most of the 195 metros. Building permits authorized 105 new housing units in Aug 2026.
At the 7.38% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $2,829 a month; at 28% of gross income, that takes about $121K a year. The median sale price equals about 20 years of HUD Fair Market Rent, a ratio up 7.9% from a year earlier. That ratio is higher than in most of the 193 metros. Active listings ask a median $321 per square foot, down 0.3% from a year earlier.
In eight of the 12 ZIP codes in the table below, median list prices are lower than a year earlier; four are higher.
Headline
Oct 14, 2026
7.38%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$2,829/mo
$121K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Prescott compares to other U.S. metros
| Days on market | ↑18th of 195 (top 10%) |
|---|---|
| Price-to-rent | ↑25th of 193 (top 13%) |
| Price cuts | ↓118th of 195 |
| Home-price growth | 106th of 193 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 20 +7.9% YoY ↑25th of 193 (top 13%) |
|---|---|
| Asking price / sq ft | $321 -0.3% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 35% +0.7 pts YoY ↓118th of 195 |
|---|---|
| New housing units permitted | 105 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 27 |
|---|---|
| MLS board of record | ARMLS |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Recent notable readings
- Single-family building permits fell 25% over the 12 months through Aug 2026 (1,166 homes, against 1,556 the year before): the 11th-steepest drop of the 195 U.S. metros Pecan Street tracks.
- 458 new listings in September 2026: the fewest for any September in Realtor.com's Prescott data since 2016. It is one of 14 of the 195 U.S. metros Pecan Street tracks to set that record.
- The FHFA house price index for the metro has risen 205% since Q2 2011: the 17th-largest rebound of the 194 metros whose prices fell.
Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.
Price reconciliation
amber · 2.4ppRedfin (metro) +1.7% | FHFA HPI · Q2 2026 -0.7% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 86301 | $699K↑ | 202↑ | 60↑ | 68↓ | 70↓ | $536K↓ |
| 86303 | $700K↓ | 199↑ | 38↓ | 96↑ | 92↑ | $579K↓ |
| 86305 | $931K↓ | 245↓ | 58↑ | 86↑ | 74↓ | $704K↓ |
| 86314 | $492K↑ | 170↑ | 50↓ | 66↓ | 60↑ | $433K↑ |
| 86315 | $712K↓ | 113↓ | 26↓ | 50↓ | 93↑ | $586K↑ |
| 86322 | $564K↓ | 48↓ | 10↓ | 18↓ | 90↑ | $431K↑ |
| 86323 | $549K↑ | 82↓ | 26↑ | 32↓ | 64↓ | $499K↑ |
| 86326 | $428K↓ | 91↑ | 26↓ | 28↓ | 69↑ | $389K↓ |
| 86327 | $475K↓ | 73↓ | 12↓ | 24↓ | 72↓ | $448K↓ |
| 86335 | $384K↓ | 36↑ | 16↑ | 8↓ | 45↓ | $356K↑ |
| 86336 | $1.4M↑ | 129↓ | 56↓ | 36↑ | 92↓ | $986K↓ |
| 86351 | $886K↓ | 92↑ | 36↑ | 30↑ | 81↑ | $795K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.