Housing · Prescott

Prescott, AR housing market

The median sale price was $110,000 in May 2026.

Home values, sales, trends and how Prescott compares with the towns next door — updated as new data is published.

The market right now

Prescott at a glance

Median sale price
$110K
May 2026 · Redfin
Homes sold
1
in May · 7 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Prescott in 2025. The last year with any was 2011 (2 new homes).

New homes, 2025
0
0 in 2024
2026 so far
0
Jan–Aug
Single-familyTwo or more homes per building2026 so far
0100200300400 2000: 4 homes 2000 2001: 5 homes 2002: 222 homes (206 single-family, 16 in buildings with 2+ homes) 2003: 238 homes (224 single-family, 14 in buildings with 2+ homes) 2004: 294 homes (263 single-family, 31 in buildings with 2+ homes) 2005: 337 homes (287 single-family, 50 in buildings with 2+ homes) 2005 2006: 2 homes 2007: 3 homes 2008: 1 home 2009: 0 homes 2010: 1 home 2010 2011: 2 homes 2012: 0 homes 2013: 0 homes 2014: 0 homes 2015: 0 homes 2015 2016: 0 homes 2017: 0 homes 2018: 0 homes 2019: 0 homes 2020: 0 homes 2020 2021: 0 homes 2022: 0 homes 2023: 0 homes 2024: 0 homes 2025: 0 homes 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents−195
New homes+3

Between the 2010 and 2020 censuses, Prescott's population fell by 195 even though 3 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Arkansas: 1.1 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012000—
2011220$312,000
2010110$70,000
2009000—
2008110$31,000
2007330$340,000
2006220$94,000
200533728750$51 million
200429426331$45.3 million
200323822414$37.5 million
200222220616$34.7 million
2001550$239,000
2000440$192,000

Prescott's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

How Prescott ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

1.7 years of income

The typical Prescott home costs about 1.7 years of the town's median household income, less than across Arkansas (3.7 years).

How Prescott ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
55%
Arkansas: 66.4%
Median tax bill
$403
Arkansas: $1,040
Median rent
$887
Arkansas: $947
Typical home built
1979
Arkansas: 1987

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $920

HUD's Fair Market Rent for a two-bedroom in Prescott is $920 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Prescott pay a median of $887. A two-bedroom takes about 23% of the town's median household income.

1 bedroom
$700
a month, with utilities
2 bedrooms
$920
a month, with utilities
3 bedrooms
$1,120
a month, with utilities
Share of income
23%
2 bedrooms ÷ median income

Studio $660 · 4 bedrooms $1,320

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (71857; Hempstead County, AR), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

On the market

Recent listings in Prescott

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01