Prescott Valley, AZ metro area Housing Market

Cold Market

Comprehensive housing market data for the Prescott Valley, AZ metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$487K

10.5% YoY

Days on Market

89 days

1.1% YoY

Active Inventory

1,818

16.0% YoY

Homes Sold

304

25.6% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Prescott Valley, AZ metro area Market Summary

The Prescott Valley, AZ metro area housing market is cooling down. As of January 2026, the median home sale price is $487K, down 10.5% year-over-year. Homes are spending a median of 89 days on the market, 1.1% longer than a year ago.

There are 1,818 homes for sale — 16.0% more than last year. With 6.0 months of supply, this is a balanced market. 552 new listings were added during this period, up 15.2% year-over-year.

Homes are selling for 97.1% of their list price on average, suggesting room for negotiation. 10.9% of homes sell above their asking price. 25.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

78

Contributing Factors

Months of Supply 6.0
Days on Market 89
Price Drops 25.2%
Sale-to-List Ratio 97.1%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 15.2%
Days on Market (National: 66) 34.8%
Inventory (National: 1,210,379) 99.8%

vs. Arizona Median

Median Price (Arizona: $441K) 10.3%
Days on Market (Arizona: 78) 14.1%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Prescott Valley, AZ metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$550K

Price per Sq Ft

$290

Sale-to-List Ratio

97.1%

Months of Supply

6.0

Sold Above List

10.9%

Price Drops

25.2%

New Listings

552

15.2% YoY

Pending Sales

476

Off Market in 2 Weeks

21.2%

Analyze a deal in Prescott Valley, AZ metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.