What is the typical home value in Prescott 86305?

The typical home value is $707,011, representing a 0.8% decline over the past year.

How long do homes stay on the market in 86305?

Homes spend a median of 65 days on the market in this ZIP code.

What percentage of homes have had price cuts?

About 24.5% of current listings in 86305 have received a price reduction.

Market Intelligence · AZ / Prescott

Prescott, AZ 86305 Housing Market

The typical home in Prescott, AZ 86305 is valued at $707,011, down 0.8% over the past year. The median list price sits at $902,522, with homes spending a median of 65 days on the market.

Updated August 2026Median value$707K

The median home value in Prescott, AZ 86305 is $707K as of August 2026, down 0.8% 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

$650K to $764K

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

-0.8% over 12 months

Jul 2025$713K

Low $707KHigh $715K

Jul 2026$707K

The numbers

What is the 86305 housing market like?

As of August 2026

Typical home value

$707K

0.8%YoY

Median list price

$920K

1.9%MoM

Days on market

10.8%MoM

Homes for sale

238

2.9%MoM

Price cuts

24.9%

1.6%MoM

New listings

6.7%MoM

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

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The comparison

How do 86305 home prices compare?

86305$707,011
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

There are currently 245 homes for sale in the 86305 ZIP code, with 60 new listings added recently. The median days on market of 65 suggests a measured pace of sales activity. Nearly one quarter of listings, at 24.5%, have seen price reductions. The combination of price cuts and the year-over-year decline in typical home value points to a softer market where buyers have room to negotiate.

Monthly payment

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Home price

Down payment20% · $141,402

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Human help

Licensed pros in 86305.

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.

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