see also
FAQs
Why are so many homes for sale in Prescott, AZ? ›
Why are so many homes for sale in Prescott, AZ? The strong seller's market in Prescott is due to the low inventory of houses for sale, reasonable mortgage rates, and the charm that the place holds for people from nearby states – including California.
Are housing prices going down in Prescott AZ? ›Based on all homes sold in the last 12 months. Homes in Prescott have sold for 2.1% less than they did a year ago. Summary: The median home sold price in Prescott was $632,933 in July 2024, down 2.1% from last year, and the median price per square foot was $324.
Why is Prescott, AZ so expensive? ›The steady influx of monied Californians is driving Prescott's real estate prices sky high. Lots in town that sold for $20,000 a few years ago are now snapped up at $40,000. Exclusive subdivisions with gated entrances are popping up, "offering" prime building sites for $100,000 and more.
Why would I want to live in Prescott AZ? ›Enjoy year-round hiking, mountain biking, fishing, golf, kayaking, rock climbing, and more. Rich in history and also known as the “antique capital of Arizona,” Prescott offers a variety of attractions for all ages and interests.
How much do you need to make to live in Prescott AZ? ›1 ADULT | 2 ADULTS (BOTH WORKING) | |
---|---|---|
0 Children | 2 Children | |
Required annual income after taxes | $38,145 | $99,311 |
Annual taxes | $6,257 | $12,290 |
Required annual income before taxes | $44,402 | $111,600 |
What is the median home price in Prescott? The median home price in Prescott is $457,500 with a median price per sqft of $259. The cost of living index for housing estimates the cost of housing in Prescott to be 142.8% of the national average. This makes it one of the more expensive cities in the US.
Will home prices drop in Arizona 2024? ›Home prices will continue to increase in Arizona.
The data indicates that there will be a steady growth in home prices, which aligns with the overall health of the housing market. Here are some of the up-and-coming neighborhoods in Arizona real estate to watch in 2024 and beyond.
Poverty & Diversity
11.3% of the population for whom poverty status is determined in Prescott, AZ (5.01k out of 44.2k people) live below the poverty line, a number that is lower than the national average of 12.5%.
Prescott is known as one of the Top 5 Western Towns in the United States. Legendary figures like Wyatt Earp, Virgil Earp (who was a lawman here) and Doc Holliday lived Prescott for a portion of their lives here.
Who is the largest employer in Prescott AZ? ›- LaserGifts. Zippia Score 3.8. ...
- City of Prescott. Zippia Score 3.7. ...
- Prescott College. Zippia Score 3.7. ...
- Guidance Aviation. Zippia Score 4.2. ...
- Dorn Homes. Zippia Score 3.4. ...
- Prescott House. Zippia Score 3.6. ...
- Red Arrow Real Estate. Zippia Score 3.9. ...
- Heritage Park Zoological Sanctuary. Zippia Score 3.7.
What percent of Prescott is white? ›
Race | Population | Percentage (of total) |
---|---|---|
White | 41,085 | 89.21% |
Two or more races | 1,955 | 4.25% |
Other race | 1,487 | 3.23% |
Asian | 877 | 1.9% |
- Prescott Lakes. Prescott Lakes is one of the premier neighborhoods in Prescott, Arizona. ...
- Talking Rock Ranch. ...
- American Ranch. ...
- Hassayampa Village. ...
- Ranch at Prescott & Yavapai Hills. ...
- Granville. ...
- Williamson Valley. ...
- Eagle Ridge.
The only thing richer than Prescott's lush trails is its history, so guests won't want to let their trip go by without visiting one (or more!) of the city's history and art museums overflowing with awe-inspiring artifacts and masterpieces.
What is the race population in Prescott Arizona? ›White: 89.21% Two or more races: 4.25% Other race: 3.23% Asian: 1.9%
Is Prescott AZ a good place to retire? ›Prescott is known for its quaint downtown and abundance of outdoor recreation. Prescott is a charming mountain town that provides a great lifestyle for active adults. With its stunning scenery, mild weather, and abundance of outdoor recreation, active adults can enjoy the best that Northern Arizona has to offer.
Will Arizona home prices ever go down? ›Home prices are not dropping in 2024; in fact, they have increased. In May 2024, home prices in Arizona rose by 3.6% year over year, reaching a median price of $451,500. This trend indicates a continued appreciation in home values rather than a decline.