Median asking price, inventory, days on market, and the buyer-vs-seller verdict — the free market read before you underwrite the deal.
Prescott is soft underneath a steady price. Homes go under contract at 0.32 times the rate they get listed, yet the median still asks $775,930. Supply has the upper hand; the asking price hasn't admitted it yet.
Yavapai County has added 4.9% population since 2020 against 126K housing units. Demand isn't leaving — which is what separates a repricing from a decline.
Active inventory is 606, 5.7x the Feb 2022 low of 106. New listings run 212 a month against 197 going under contract — a demand-to-supply ratio of 0.32. Below 1.0 means listings are piling up faster than buyers absorb them.
The median asking price is $775,930 at $352 per square foot, -1.5% year over year and 7% below the Mar 2022 peak of $834K. Homes now take 62 days to sell — 2.3x slower than the 27-day Apr 2022 low.
Prescott is small enough that ZIP-level detail would be noise rather than signal, so treat the city number as the number. With supply this loose, below-ask offers are worth writing. Whether a specific property pencils as a rental is the underwriting question, and that lives in the app.
A buyer's market. Demand-to-supply is 0.32, homes take 62 days to sell, and 26.3% of listings have cut price.
Flat. The median asking price is $775,930, -1.5% year over year and 7% below the Mar 2022 peak of $834K.
About 62 days on market — 2.3x slower than the 27-day Apr 2022 low.
Supply is loose and sellers are conceding, so a patient buyer has real leverage. Whether a specific deal clears your rent and cash-flow thresholds is the underwriting step, available in the Dynamic.RE app.
| ZIP | Median price | $/sqft | Active | Days | Price cuts |
|---|---|---|---|---|---|
| 86305 | $899,450 | $379 | 241 | 58 | 25.5% |
| 86303 | $671,000 | $339 | 207 | 68 | 29.7% |
| 86301 | $724,995 | $326 | 158 | 60 | 23.2% |
Showing the 3 largest of 3 Prescott ZIP codes by active listings.
Closest matches across asking price, price per square foot, days on market, demand-to-supply, price-cut share, and year-over-year price movement.
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