Market Intelligence · AZ / Prescott

Prescott, AZ 86301 Housing Market

The typical home value in Prescott, AZ 86301 is $534,808, down 0.9% over the past year. The median list price stands at $719,500, with homes averaging 57 days on market.

Updated August 2026Median value$535K

The median home value in Prescott, AZ 86301 is $535K as of August 2026, down 0.9% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 86301 range

$492K to $578K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.9% over 12 months

Typical home value in 86301 over the last 12 months: $540K in Jul 2025 to $535K in Jul 2026 (-0.9%).

Jul 2025$540K

Jul 2026$535K

The numbers

What is the 86301 housing market like?

Typical home value

$535K

Down0.9%YoY

Median list price

$700K

Down2.7%MoM

Days on market

56

Down1.8%MoM

Homes for sale

199

Up7.0%MoM

Price cuts

25.3%

Up34.5%MoM

New listings

60

Down9.1%MoM

Sources · Zillow ZHVI (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

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The comparison

How do 86301 home prices compare?

  • 86301$534,808
  • Prescott$581,306
  • Arizona$392,647
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Prescott: 3 ZIPs; Arizona: 300 ZIPs; United States: 26,266 ZIPs).

Context

Prescott's housing inventory includes 186 homes for sale as of July 2026, with 66 new listings added recently. The median time on market of 57 days reflects a market that is moving at a moderate pace. An 18.8% share of listings carrying price cuts suggests some sellers are adjusting expectations. The year-over-year decline in typical home value indicates steady softening in buyer demand. For sellers in this ZIP, the data points to a market where pricing strategically and being prepared for negotiation matter more than they did a year ago.

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