Market Intelligence · AZ / Prescott

Prescott, AZ 86303 Housing Market

The typical home value in Prescott, AZ 86303 is $581,306, down 0.3% over the past year. The median list price stands at $698,000, with homes taking 76 days on average to sell.

Updated August 2026Median value$581K

The median home value in Prescott, AZ 86303 is $581K as of August 2026, down 0.3% 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 86303 range

$535K to $628K

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

-0.3% over 12 months

Typical home value in 86303 over the last 12 months: $583K in Jul 2025 to $581K in Jul 2026 (-0.3%).

Jul 2025$583K

Jul 2026$581K

The numbers

What is the 86303 housing market like?

Typical home value

$581K

Down0.3%YoY

Median list price

$700K

Up0.3%MoM

Days on market

79

Up3.9%MoM

Homes for sale

221

Up3.8%MoM

Price cuts

28.0%

Up1.3%MoM

New listings

52

Down13.3%MoM

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

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The comparison

How do 86303 home prices compare?

  • 86303$581,306
  • 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 market shows mixed signals. There are 213 homes currently for sale, with 60 new listings as of July 2026. The median time on market of 76 days suggests measured buyer interest, though 27.6% of listings have received price cuts, indicating some sellers are adjusting expectations. The gap between typical home value and median list price points to pricing uncertainty in this segment of the market. For sellers, this is a patience-required environment.

Monthly payment

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20% · $116,261

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