Question 1

What is the median sold price in Prescott?

Accepted Answer

The median sold price in Prescott is $525,000 based on 72 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Prescott?

Accepted Answer

The average sold price in Prescott is $521,479. Note that the average ($521,479) is lower than the median ($525,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Prescott?

Accepted Answer

Home prices in Prescott range from $368,400 to $845,000 based on recent sales data. This $476,600 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Prescott selling above or below asking price?

Accepted Answer

On average, homes in Prescott are selling at 99.9% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Prescott?

Accepted Answer

Homes in Prescott are selling in an average of 156 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Prescott?

Accepted Answer

The average price per square foot in Prescott is $276. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $552,000.

Question 7

How active is the real estate market in Prescott?

Accepted Answer

The Prescott market has seen 72 home sales over the past 2 years, with 27 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How many new listings are coming to market in Prescott?

Accepted Answer

There have been 10 new listings in Prescott during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

Are home prices rising or falling in Prescott?

Accepted Answer

Home prices in Prescott have decreased by 29.4% over the past 2 years. The average sold price moved from $604,400 to $426,875. This downward trend may present buying opportunities for purchasers.

Question 10

Is Prescott a buyer's or seller's market?

Accepted Answer

Based on current data, Prescott is a buyer's market. Homes are selling in 156 days on average and at 99.9% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Prescott?

Accepted Answer

In Prescott, 22% of homes sold above asking price, while 58% sold below asking. A moderate number of homes attract multiple offers.

Question 12

What size homes are selling in Prescott?

Accepted Answer

Homes selling in Prescott range from 1,247 to 2,676 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Prescott?

Accepted Answer

Prescott shows relatively consistent pricing with a standard deviation of $90,593 around the average price of $521,479. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 14

How do I find out how much a house sold for in Prescott?

Accepted Answer

Simply search our Prescott sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 15

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Prescott will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Prescott?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Prescott. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Houses Sold in Prescott — What Buyers Paid

Prescott Sold Data Overview

4 Recently Sold Homes in Prescott (Last 30 days • Updated February 24, 2026 at 1:37 PM)

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2-Year Market Trends: All Property Types

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