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Prescott, AZ
Full City Profile · Arizona · Yavapai County County
3.0
/5.0
B
Good
46,744
Population
950/sq mi density
$69,151
Median Income
$49,159 per capita
$528,500
Home Value
$599,196 Zillow
$1,304
Median Rent
30.0% income on rent
55°F
Avg Temperature
330 sunny days/yr
489
Violent Crime/100K
1,562 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$69,151 median income, 2.0% unemployment
C
Affordability
2.3 / 5.0
$528,500 home value, $1,304/mo rent
F
Safety
1.0 / 5.0
489 violent crimes/100K (29% above avg)
A
Education
4.3 / 5.0
41.1% bachelor's degree or higher
Housing Overview
Median Home Value
$528,500
87% above
US avg: $281,900
Median Rent
$1,304/mo
12% above
US avg: $1,163/mo
Homeownership Rate
68.1%
4% above US avg (65.4%)
Total Housing Units
25,016
Median year built: 1991
Home Value by Source
Census Median
$528,500
Zillow (ZHVI)
$599,196
Median Sale Price
$600,000
Median List Price
$675,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.1%
Owner-Occupied
31.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,053/mo
1 Bedroom
$1,151/mo
2 Bedroom
$1,419/mo
3 Bedroom
$1,889/mo
4 Bedroom
$2,158/mo
Census median rent:
$1,304/mo
· Zillow rent:
$1,885/mo
Market Indicators (Redfin)
Median Days on Market
76 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
89
Price Drops
25.5%
of listings with price reduction
Price Per Sq Ft
$317
Active Inventory
384
homes for sale
Affordability & Housing Stock
Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
68.1%
Complete Housing Data
Home Values
| Census Median Value | $528,500 |
| Zillow Home Value (ZHVI) | $599,196 |
| Median Sale Price | $600,000 |
| Median List Price | $675,000 |
| Price Per Sq Ft | $317 |
Rent
| Census Median Rent | $1,304 |
| Zillow Rent (ZORI) | $1,885 |
| FMR Studio | $1,053 |
| FMR 1-Bedroom | $1,151 |
| FMR 2-Bedroom | $1,419 |
| FMR 3-Bedroom | $1,889 |
| FMR 4-Bedroom | $2,158 |
Market
| Days on Market | 76 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.5% |
| Homes Sold | 89 |
| Active Inventory | 384 |
| Price Per Sq Ft | $317 |
Ownership & Stock
| Owner-Occupied | 68.1% |
| Renter-Occupied | 31.9% |
| Homeownership Rate | 68.1% |
| Total Housing Units | 25,016 |
| Median Year Built | 1991 |
| Rent Burden | 30.0% |