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Prescott, AR

Full City Profile · Arkansas · Nevada County County

2.8 /5.0
C+ Fair
3,063 Population 477/sq mi density
$29,403 Median Income $16,986 per capita
$95,100 Home Value $109,820 Zillow
$863 Median Rent 42.5% income on rent
62°F Avg Temperature 304 sunny days/yr
201 Violent Crime/100K 0 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$29,403 median income, 2.2% unemployment
A+
Affordability
4.9 / 5.0
$95,100 home value, $863/mo rent
C
Safety
2.0 / 5.0
201 violent crimes/100K
D
Education
1.9 / 5.0
11.4% bachelor's degree or higher

Housing Overview

Median Home Value
$95,100
66% below
US avg: $281,900
Median Rent
$863/mo
26% below
US avg: $1,163/mo
Homeownership Rate
31.9%
51% below US avg (65.4%)
Total Housing Units
1,584
Median year built: 1972

Home Value by Source

Census Median
$95,100
Zillow (ZHVI)
$109,820
Median Sale Price
$249,000
Median List Price
$110,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

31.9%
Owner-Occupied
68.1%
Renter-Occupied
32%
68%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent: $863/mo

Market Indicators (Redfin)

Median Days on Market
147 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$95
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
42.5%
of renters spending 30%+ of income on housing
37% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
31.9%

Complete Housing Data

Home Values

Census Median Value$95,100
Zillow Home Value (ZHVI)$109,820
Median Sale Price$249,000
Median List Price$110,000
Price Per Sq Ft$95

Rent

Census Median Rent$863
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market147
Sale-to-List Ratio1.0%
Price Drops10.0%
Homes Sold1
Active Inventory10
Price Per Sq Ft$95

Ownership & Stock

Owner-Occupied31.9%
Renter-Occupied68.1%
Homeownership Rate31.9%
Total Housing Units1,584
Median Year Built1972
Rent Burden42.5%