Prescott Valley Housing Market Report February 2025•Yavapai County, Arizona

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Housing Prices in Prescott Valley, AZ

How much do homes in Prescott Valley, AZ cost?

Housing Market Conditions

Is Prescott Valley, AZ a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Prescott Valley is a Neutral Market

Difference Since February 2024

At the same time last year, Prescott Valley was a Seller's Market.

Insight

Prescott Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$485,000$293/SqFt
+$4,075
+0.8%

Based on all homes sold in the last 12 months

Insight

Homes in Prescott Valley have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Prescott Valley was $485,000 in February 2025, up 0.8% from last year, and the median price per square foot was $293.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Prescott Valley
+0.8%
Mingus Mountain
0.0%
Dewey
-4.5%
Cordes Lakes-Mayer
-7.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$225K$424K
+88.4%
2$444K$446K
0.5%
3$454.9K$460K
+1.1%
4$644.9K$629.5K
-2.4%
5$643.7K$644K
0.0%

Summary: Prescott Valley housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +88.4%. The home price for 2 bedroom homes increased by 0.5%. The home price for 3 bedroom homes increased by +1.1%. The home price for 4 bedroom homes decreased by -2.4%. The home price for 5 bedroom homes did not change.

How does Prescott Valley, AZ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Prescott Valley, AZ

Housing supply in Prescott Valley, AZ

How many homes are available in Prescott Valley, AZ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
399Last MonthFeb 2025
3632 months agoJan 2025
+9.9 %
Change MoMJan – Feb

Summary: The Prescott Valley real estate market had 399 homes for sale in Feb 2025, a 9.9 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
61Last MonthFeb 2025
462 months agoJan 2025
+32.6 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
25960
+1.7%
3227242
+6.6%
47186
+21.1%
5611
+83.3%

Summary: Prescott Valley housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +1.7%. The inventory for 3 bedroom homes increased by +6.6%. The inventory for 4 bedroom homes increased by +21.1%. The inventory for 5 bedroom homes increased by +83.3%.

Asking Price vs. Sold Price

How much do homes in Prescott Valley, AZ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price7 Homes

At Asking Price21 Homes

Under Asking Price33 Homes

Insight

If you're buying a home in Prescott Valley, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in Prescott Valley in February 2025, up by 32.6% month-over-month. Of the 61 sold homes, 54% were sold under asking, 34% were sold at asking, and and 11% were sold over asking.

Days on Market for Prescott Valley, AZ

How long does it take to sell a home in Prescott Valley, AZ?

Breakdown of Home Sale Times

Under 30 Days23 Homes

30 – 90 Days19 Homes

Over 90 Days17 Homes

Insight

Many homes in Prescott Valley are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 61 homes were sold in Prescott Valley; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
60 DaysThis YearFeb 2025
74 Days1 year agoFeb 2024
-19.5 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Prescott Valley had an average listing age of 60 days in Feb 2025, down by 19.5% compared to the previous year.

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Newest Listings in Prescott Valley, AZ

What homes are available in Prescott Valley, AZ?

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Nearby markets

Popular Cities with Homes for Sale in Arizona

MLS Disclaimers and Copyright

Based on information from Prescott Area MLS, Arizona Regional MLS, and Northern Arizona Multiple Listing Service for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale on this web site comes in part from the IDX Program of the Prescott Area Association Of Realtors, Inc. Listings on this page identified as belonging to another listing firm are based upon data obtained from the PAAR MLS, which data is copyrighted by the Prescott Area Association of REALTORS® but is not warranted. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Prescott Area Association Of Realtors, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX© 2025 Northern Arizona Multiple Listing Service (NAMLS). Based on information submitted to the NAMLS. All data is obtained from various sources and may not have been verified by broker or NAMLS. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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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: 3/13/2025, 11:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.