Prescott Valley, AZ metro area Housing Market
Cold MarketComprehensive 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: March 2026
Median Sale Price
$510K
↓ 9.5% YoY
Days on Market
76 days
↑ 7.0% YoY
Active Inventory
2,059
↑ 13.6% YoY
Homes Sold
442
↑ 30.8% 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 March 2026, the median home sale price is $510K, down 9.5% year-over-year. Homes are spending a median of 76 days on the market, 7.0% longer than a year ago.
There are 2,059 homes for sale — 13.6% more than last year. With 4.7 months of supply, this is a balanced market. 705 new listings were added during this period, up 14.6% year-over-year.
Homes are selling for 97.0% of their list price on average, suggesting room for negotiation. 9.3% of homes sell above their asking price. 28.8% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
86
Contributing Factors
How This Market Compares
vs. National Median
vs. Arizona Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.
Prescott Valley, AZ metro area Market Trends
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Detailed Market Metrics
Median List Price
$554K
Price per Sq Ft
$297
Sale-to-List Ratio
97.0%
Months of Supply
4.7
Sold Above List
9.3%
Price Drops
28.8%
New Listings
705
↑ 14.6% YoY
Pending Sales
553
Off Market in 2 Weeks
29.1%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.