Prescott Valley, AZ housing market
The typical Prescott Valley home is worth about $457,000, about the same as a year ago, 9% above the Arizona typical home. Homes typically sell in 51 days, below asking.
Home values, sales, trends and how Prescott Valley compares with the towns next door — updated as new data is published.
Prescott Valley at a glance
A seller's market
Supply is tight — about 3.8 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Prescott Valley | Arizona |
|---|---|---|
| 2017 | $246,000 | $228,000 |
| 2018 | $271,000 | $244,000 |
| 2019 | $294,000 | $264,000 |
| 2020 | $311,000 | $282,000 |
| 2021 | $352,000 | $324,000 |
| 2022 | $437,000 | $416,000 |
| 2023 | $451,000 | $429,000 |
| 2024 | $456,000 | $433,000 |
| 2025 | $462,000 | $434,000 |
| 2026 | $462,000 | $423,000 |
| August 2026 | $457,000 | $418,000 |
291 new homes permitted in 2025
Builders were permitted 291 new homes in Prescott Valley in 2025: 269 single-family houses and 22 in buildings with two or more homes, worth about $113.6 million to build. That's 5.9 per 1,000 residents, about the pace of Arizona as a whole. Over the past 10 years, Prescott Valley has permitted 6,688 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Prescott Valley gained 7,963 residents while 4,196 new homes were permitted: about 1.9 new residents per new home. Building and growth moved roughly in step. Across Arizona: 2.6 new residents per new home.
How Prescott Valley ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 162 | 156 | 6 | $73 million |
| 2025 | 291 | 269 | 22 | $113.6 million |
| 2024 | 548 | 430 | 118 | $132.8 million |
| 2023 | 481 | 353 | 128 | $152.7 million |
| 2022 | 1,012 | 567 | 445 | $315.3 million |
| 2021 | 832 | 534 | 298 | $193.3 million |
| 2020 | 633 | 515 | 118 | $151.6 million |
| 2019 | 720 | 454 | 266 | $157.7 million |
| 2018 | 540 | 496 | 44 | $141.2 million |
| 2017 | 937 | 497 | 440 | $174.2 million |
| 2016 | 694 | 472 | 222 | $137.2 million |
| 2015 | 421 | 417 | 4 | $94.7 million |
| 2014 | 337 | 329 | 8 | $74.9 million |
| 2013 | 289 | 283 | 6 | $60.5 million |
| 2012 | 146 | 146 | 0 | $30.2 million |
| 2011 | 41 | 41 | 0 | $8 million |
| 2010 | 71 | 21 | 50 | $9.7 million |
| 2009 | 41 | 41 | 0 | $8.5 million |
| 2008 | 163 | 90 | 73 | $22.8 million |
| 2007 | 325 | 321 | 4 | $61.8 million |
| 2006 | 803 | 782 | 21 | $149.1 million |
| 2005 | 1,197 | 1,146 | 51 | $194 million |
| 2004 | 1,121 | 1,060 | 61 | $130.9 million |
| 2003 | 797 | 696 | 101 | $76 million |
| 2002 | 943 | 601 | 342 | $119.1 million |
| 2001 | 466 | 394 | 72 | $35.9 million |
| 2000 | 438 | 361 | 77 | $32 million |
How Prescott Valley 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.
Prescott Valley and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Prescott Valley | $457K | 0% | $1,890 | 291 | $74,569 |
| Dewey-Humboldt | $472K | +0.8% | $1,710 | 41 | $66,535 |
| Prescott | $597K | −0.4% | $1,710 | 686 | $70,874 |
6.1 years of income
The typical Prescott Valley home costs about 6.1 years of the town's median household income, more than across Arizona (5.2 years).
How Prescott Valley ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,890
HUD's Fair Market Rent for a two-bedroom in Prescott Valley is $1,890 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Prescott Valley pay a median of $1,580, so moving in tends to cost more than staying put. A two-bedroom takes about 30% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,300 · 4 bedrooms $2,870
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (86303, 86314, 86315, 86327; Prescott Valley-Prescott, AZ MSA), 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.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. 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.