Market Intelligence · AZ / Prescott

Prescott, AZ 86305 Housing Market

Typical homes in Prescott's 86305 ZIP are valued at $707,011, down 0.8% over the past year. The median list price stands at $920,094, with homes taking a median 72 days to sell.

Updated August 2026Median value$702K

The median home value in Prescott, AZ 86305 is $702K as of August 2026, down 0.5% 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 86305 range

$645K to $758K

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

-0.5% over 12 months

Typical home value in 86305 over the last 12 months: $705K in Aug 2025 to $702K in Aug 2026 (-0.5%).

Aug 2025$705K

Aug 2026$702K

The numbers

What is the 86305 housing market like?

Typical home value

$702K

Down0.5%YoY

Median list price

$920K

Up1.9%MoM

Days on market

72

Up10.8%MoM

Homes for sale

238

Down2.9%MoM

Price cuts

24.9%

Up1.6%MoM

New listings

64

Up6.7%MoM

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

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The comparison

How do 86305 home prices compare?

  • 86305$701,544
  • Prescott$577,220
  • Arizona$388,803
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Prescott: 3 ZIPs; Arizona: 300 ZIPs; United States: 26,265 ZIPs).

Context

The 86305 market shows a mix of supply and demand signals. There are 238 homes for sale with 64 new listings as of early August 2026. A quarter of listings, specifically 24.9%, have seen price cuts, which aligns with the slight year-over-year decline in typical home value. The median 72 days on market suggests homes are not selling briskly, but they are moving. For sellers, this means pricing strategy matters more than usual.

Monthly payment

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20% · $140,309

Human help

Licensed pros in 86305.

Janet L Noriega

Primary seat

Janet L Noriega

Lic #BR570432000 AZ

Our “Private Client Approach” to real estate means that we spend more time selling and structuring deals for our Sellers and Buyers – plus more one-on-one time helping other agents sell your home. It has also established an extensive network of high-net worth repeat clients, referrals, and contacts. We customize our services to meet your specific requirements and objectives – often structuring and negotiating deals that are not offered within traditional venues, such as the MLS.

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.