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Dynamic.RE · SFR Market Intelligence

Prescott Valley, Arizona Housing Market

Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.

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Data through
Oct 2026
Dynamic.RE Verdict
Buyer's Market
Buyers have more room than usual. We compare Prescott Valley with 2017–2019 at this time of year: there are 43 pending sales per 100 listings, against 79 then; there are 62% more homes for sale; 20% of sellers have cut their price, against 30% then.
Median list price
$592,632
-5.8%
Demand : Supply
0.43
Days on market
75 days
Median time on market

The median asking price in Prescott Valley is about $593,000 as of Oct 2026, down 5.8% from a year ago. The typical listing is 3% smaller than a year ago, and asking price per square foot is up 1.7%. So the size of homes on the market explains much of the drop. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).

Yes, if you negotiate. Buyers have more room in Prescott Valley than usual. Compared with 2017–2019 at this time of year, there are 43 pending sales per 100 listings, against 79 then, and there are 62% more homes for sale. Sellers are competing harder for you than they used to. Use it.

01
The market at a glance
Median $ / sqft
$316
Active inventory
275
New listings / mo
84
Days on market
75 days
Price-cut share
19.8%
Pending sales
117
02
Where we are in the cycle
Median asking price
$592,632
10% below the Feb 2026 peak of $658K
Homes for sale
275
8.3× the Feb 2021 low of 33
Days on market
75 days
3.3× the 22-day May 2021 low
03
The renter economy
28%
Renter share · of occupied homes
5.0%
Vacant homes · all units
$74.9K
Median household income
7.9×
Price-to-income · list ÷ income
04
What this means for investors

What stands out in Prescott Valley?

  • Homes for sale are 62% above 2017–2019: among the biggest inventory build-ups since 2017–2019 of 763 tracked cities. Buyers have far more choice than before the pandemic.

How much more is for sale in Prescott Valley than before the pandemic?

There are 275 homes for sale in Prescott Valley, 62% more than in 2017–2019 at this time of year. That count is down 3% on last year, with 84 new listings this month. More choice means you can walk away from any home priced for the market of three years ago.

How much can you negotiate in Prescott Valley?

For every 100 homes still for sale, 43 are under contract. In 2017–2019 at this time of year it was 79. The rest are still waiting for a buyer. About 1 in 5 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.

Prescott Valley listings spend a median 75 days on the market. That is 7% longer than a year ago. There are 275 homes for sale in Prescott Valley. That is 8.3 times the tightest month on record, but below the peak of 316. Supply is shrinking against last year.

What to do about it

  • Search Prescott Valley homes listed 90+ days ago that have already cut their price.
  • Offer below the reduced price.
  • Keep your inspection and financing contingencies.
  • Ask the seller to pay closing costs.
  • You can lose a few offers here and still win.

How does Prescott Valley compare with other Arizona markets?

Ranked among the 27 Arizona markets we track:

  • Asking price: 8th priciest of 27. Prescott Valley is at $592,632. Closest: Chandler and Gilbert.
  • Buyer competition: 2nd most competitive of 25. Prescott Valley is at 0.43 buyers per home. Closest: Apache Junction and Avondale.
  • Time on market: 4th longest time on market of 27. Prescott Valley is at a median of 75 days on market. Closest: Yuma and Bullhead City.
  • Price cuts: 5th fewest price cuts of 27. Prescott Valley is at 20% of sellers cutting. Closest: Flagstaff and Sierra Vista.

Is now a good time to buy in Prescott Valley?

The median asking price is 10.0% below its Feb 2026 peak. Per square foot, asking prices are at their high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Prescott Valley prices have risen in 99 of the last 112 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

The discount is already here. It is not getting bigger. Buy now while sellers are still weak. Waiting for a lower price stopped working a year ago.

Who will rent from you in Prescott Valley?

In Prescott Valley, 28 out of every 100 households rent. Most own their home. The renter share is shrinking. Five years ago it was 34 in 100. Renter households average 2.3 people. Two and three bedrooms fit the typical renter.

Households grew 11% in five years. The housing stock grew 8%. Demand is outrunning supply. Just 5.0% of homes sit empty. A well-priced rental fills fast here.

The median Prescott Valley household earns $74,918 a year. Incomes here have grown 7.5% a year since 2019. Incomes are rising faster than home prices. Affordability is improving. A typical home costs 7.9 times the median income. Most locals cannot buy. That keeps rental demand deep. It also caps the rent they can pay. At 30% of income, a tenant on the median income can pay about $1,873 a month.

To see what one Prescott Valley address would rent for and cash flow, run it through the app.

What numbers should you underwrite a Prescott Valley deal with?

  • Price growth to assume — +3.5%/yr. Prescott Valley grew 7.3% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Prescott Valley grows about 3.5% a year. That is the number to type in. Prices rose 1.7% over the last year. Use it for timing. The five-year rate is the better guide.
  • Months of carrying cost — 3. Budget at least 75 days of holding costs, the current median time on market, when you exit or refinance. That is 7% longer than a year ago.
  • Competition when you exit — -3%. Homes for sale in Prescott Valley are down 3% on last year, so your resale faces less competition than today's comps did.

Read what days on market tells you about leverage and how we read these numbers, then run the numbers on a deal.

05
Frequently asked questions

What is the median home price in Prescott Valley?

The median asking price in Prescott Valley is about $593,000 as of Oct 2026, down 5.8% from a year ago. The typical listing is 3% smaller than a year ago, and asking price per square foot is up 1.7%. So the size of homes on the market explains much of the drop. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Prescott Valley figures cover the 3 ZIP codes with a Prescott Valley mailing address, which can reach past city limits.

Is Prescott Valley a buyer's or seller's market in 2026?

Buyers have more room in Prescott Valley than usual. We compare Prescott Valley with 2017–2019 at this time of year: there are 43 pending sales per 100 listings, against 79 then; there are 62% more homes for sale; 20% of sellers have cut their price, against 30% then.

Are Prescott Valley home prices going up or down?

The median asking price is 10.0% below its Feb 2026 peak. Per square foot, asking prices are at their high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.

What is the best month to buy a house in Prescott Valley?

Across 9 full years, Prescott Valley asking prices ran lowest in January, about 4.5% below the year's average. They peaked in June. The most homes for sale show up in August, about 16% above the yearly average.

What is the fair market rent in Prescott Valley?

HUD's fiscal year 2026 fair market rent for Yavapai County is $1,637 a month for 2 bedrooms and $2,277 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.

06
ZIP-level detail

Which ZIP codes are in Prescott Valley?

Prescott Valley has three ZIP codes. Each links to its live market dashboard.

  • 86312No homes listed for sale right now
  • 86314177 for sale · 18% cutting · 64 daysOnly 42 homes under contract for every 100 still for sale.
  • 8631598 for sale · 23% cutting · 94 daysOnly 44 homes under contract for every 100 still for sale.
07
Where else to look

Markets similar to Prescott Valley

Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.

  • Avondale, AZ — $417,947 median, 70 days on market, 26% of sellers cutting
  • Prescott, AZ — $772,525 median, 81 days on market, 23% of sellers cutting
  • Yuma, AZ — $357,583 median, 72 days on market, 10% of sellers cutting
  • Sierra Vista, AZ — $335,449 median, 64 days on market, 19% of sellers cutting
See what a Prescott Valley property is actually worth
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