#1070810, Listing Office: Far West Realty
Prescott Housing Market Report January 2025•Yavapai County, Arizona
Housing Prices in Prescott, AZ
How much do homes in Prescott, AZ cost?
Housing Market Conditions
Is Prescott, AZ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Prescott is a Buyer's Market
Difference Since January 2024
At the same time last year, Prescott was a Seller's Market.
Prescott is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Prescott have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Prescott was $643,258 in January 2025, up 4.5% from last year, and the median price per square foot was $321.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Prescott | $615.5K | $643.2K | +4.5% |
Prescott Valley | $480.1K | $485K | +1.0% |
Mingus Mountain | $550K | $550K | 0.0% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $350K | $314.5K | -10.1% |
22 Bedrooms | $443.7K | $436.6K | -1.6% |
33 Bedrooms | $650.3K | $655.6K | +0.8% |
44 Bedrooms | $769.5K | $852.5K | +10.8% |
55+ Bedrooms | $878.7K | $912.5K | +3.8% |
Summary: Prescott housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -10.1%. The home price for 2 bedroom homes decreased by -1.6%. The home price for 3 bedroom homes increased by +0.8%. The home price for 4 bedroom homes increased by +10.8%. The home price for 5 bedroom homes increased by +3.8%.
Housing supply in Prescott, AZ
How many homes are available in Prescott, AZ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
695Last MonthJan 2025 | ||
6672 months agoDec 2024 | +4.2 % Change MoMDec – Jan |
Summary: The Prescott real estate market had 695 homes for sale in Jan 2025, a 4.2 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
81Last MonthJan 2025 | ||
1332 months agoDec 2024 | -39.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 6 | 7 | +16.7% |
22 Bedrooms | 133 | 143 | +7.5% |
33 Bedrooms | 342 | 355 | +3.8% |
44 Bedrooms | 145 | 149 | +2.8% |
55+ Bedrooms | 41 | 41 | 0.0% |
Summary: Prescott housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +16.7%. The inventory for 2 bedroom homes increased by +7.5%. The inventory for 3 bedroom homes increased by +3.8%. The inventory for 4 bedroom homes increased by +2.8%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Prescott, AZ cost?
Over Asking Price6 Homes
At Asking Price12 Homes
Under Asking Price63 Homes
If you're buying a home in Prescott, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 81 homes were sold or pending in Prescott in January 2025, down by 39.1% month-over-month. Of the 81 sold homes, 78% were sold under asking, 15% were sold at asking, and and 7% were sold over asking.
Days on Market for Prescott, AZ
How long does it take to sell a home in Prescott, AZ?
Breakdown of Home Sale Times
Under 30 Days18 Homes
30 – 90 Days30 Homes
Over 90 Days33 Homes
Most homes in Prescott are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 81 homes were sold in Prescott; 22% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
91 DaysThis YearJan 2025 | ||
81 Days1 year agoJan 2024 | +11.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Prescott had an average listing age of 91 days in Jan 2025, up by 11.2% compared to the previous year.
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Newest Listings in Prescott, AZ
What homes are available in Prescott, AZ?
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MLS Disclaimers and Copyright
Based on information from Prescott Area MLS, Arizona Regional MLS, Northern Arizona Multiple Listing Service, and MLS of Southern Arizona for the period 02/01/2023 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/19/2025, 5:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/19/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/19/2025, 5:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/19/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.