Homes for sale in Prescott AZ & Real Estate Listings 

The Prescott real estate market is dynamic, with steady demand for homes due to its desirable location, mild climate, and quality of life. As of now, the market is considered balanced, with a mix of opportunities for both buyers and sellers. Median home prices reflect the town's growth and popularity.

Prescott Valley offers a diverse range of housing options, including:

• Single-family homes: Ranging from affordable starter homes to luxury estates.
• Townhomes and condos: Ideal for those seeking low-maintenance living.
• Custom-built homes: Located in scenic areas or master-planned communities.
• Rural properties: Perfect for buyers interested in spacious lots or equestrian living.

The median price of homes in Prescott varies depending on size, location, and amenities. On average:

• Single-family homes: Range from $300,000 to $600,000.
• Luxury homes: Can exceed $1 million, especially in upscale neighborhoods.
• Condos and townhomes: Typically fall between $250,000 and $400,000. Prices may fluctuate due to market trends, so consult a local real estate agent for up-to-date information.

Yes, Prescott has several new construction projects and master-planned communities. These include energy-efficient homes, modern designs, and family-friendly amenities like parks, schools, and recreational centers.

Families often choose neighborhoods with good schools, parks, and a sense of community.

First-time buyers should consider:

• Budgeting: Understand your affordability and get pre-approved for a mortgage.
• Researching neighborhoods: Visit areas that match your lifestyle preferences.
• Working with a local real estate agent: Agents provide insight into the market and can negotiate the best deal. Additionally, there are government programs available to assist first-time buyers with down payments and financing.

Yes, Prescott is a favorite among retirees due to its mild weather, low crime rate, and abundance of recreational activities. The town offers:

• Active adult communities with resort-style amenities.
• Access to healthcare facilities, including Yavapai Regional Medical Center.
• Opportunities for golfing, hiking, and exploring nature.

To get the best price for your home:

• Enhance curb appeal: A well-maintained exterior makes a strong first impression.
• Make strategic updates: Focus on kitchens, bathrooms, and flooring.
• Price competitively: Use a Comparative Market Analysis (CMA) to determine the right price.
• Stage the home: Professional staging can help buyers envision living there.

Property taxes in Prescott are relatively low compared to national averages. The rates vary based on:

• Property location.
• Home value assessments.
• Applicable school or special district taxes. Consult the Yavapai County Assessor’s Office for detailed information.

Yes, Prescott is an excellent market for real estate investment. Opportunities include:

• Rental properties: Steady demand from families and retirees.
• Flipping homes: Potential profit in renovating and reselling.
• Vacant land: For custom builds or long-term appreciation.