Housing Market Report for Prescott, AZ

This housing market report uses absorption rates to track supply and demand for Prescott, AZ. With 8.1 months of inventory across all segments, conditions currently favor buyers — more homes are available than active buyers, creating more room to negotiate on price and terms. Use the tables below to explore specific price ranges and property types in detail. [Last updated: November 14, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$350k – $375k

Absorption rate of 1.3, with 0.8 months of inventory.

Coolest Segment ❄️
$1m – $1.1m

With 33 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$600k – $650k

9 active listings with 19 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 5.8 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 1 1 0.2 0 Seller's
150k-175k 1 0.2 0 Seller's
200k-225k 1 0
250k-275k 1 0
275k-300k 2 3 0.3 4 Balanced
300k-325k 1 0.2 0 Seller's
325k-350k 2 1 0.1 12 Buyer's
350k-375k 1 8 2 1.3 0.8 Seller's
375k-400k 3 5 1 0.3 3.6 Balanced
400k-425k 6 12 4 0.3 3 Balanced
425k-450k 3 8 2 0.4 2.3 Seller's
450k-475k 3 2 2 0.1 9 Buyer's
475k-500k 3 6 0.3 3 Balanced
500k-550k 7 14 1 0.3 3 Balanced
550k-600k 16 15 1 0.2 6.4 Buyer's
600k-650k 9 19 4 0.4 2.8 Seller's
650k-700k 12 9 2 0.1 8 Buyer's
700k-750k 12 10 2 0.1 7.2 Buyer's
750k-800k 6 12 5 0.3 3 Balanced
800k-850k 9 10 1 0.2 5.4 Balanced
850k-900k 12 13 1 0.2 5.5 Balanced
900k-950k 4 8 1 0.3 3 Balanced
950k-1m 5 6 1 0.2 5 Balanced
1m-1.1m 11 2 1 0 33
1.1m-1.2m 7 2 0 21
1.2m-1.3m 8 4 0.1 12 Buyer's
1.3m-1.4m 5 6 1 0.2 5 Balanced
1.4m-1.5m 5 3 0.1 10 Buyer's
1.5m-1.6m 4 2 1 0.1 12 Buyer's
1.6m-1.7m 3 0
1.7m-1.8m 3 0
1.8m-1.9m 3 0
1.9m-2m 1 0.2 0 Seller's
2m-2.25m 4 1 0 24
2.25m-2.5m 1 1 0.2 6 Balanced
2.5m-2.75m 1 1 0.2 6 Balanced
2.75m-3m 2 0
3m-3.5m 3 0
3.5m-4m 4 0
6m-7m 1 0

Townhouses

Hottest Segment 🔥
$300k – $325k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$275k – $300k

With 18 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$375k – $400k

2 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

With 7.2 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
225k-250k 2 1 0.1 12 Buyer's
275k-300k 3 1 0.1 18 Buyer's
300k-325k 1 1 1 0.2 6 Balanced
325k-350k 1 0.2 0 Seller's
350k-375k 1 0
375k-400k 2 2 1 0.2 6 Balanced
400k-425k 2 0.3 0 Seller's
425k-450k 1 0.2 0 Seller's
475k-500k 1 0
500k-550k 1 0.2 0 Seller's
650k-700k 1 0
900k-950k 1 0

Condos

Coolest Segment ❄️
$325k – $350k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$325k – $350k

0 active listings with 1 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
325k-350k 1 0.2 0 Seller's
550k-600k 1 0.2 0 Seller's
1m-1.1m 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$0 – $25k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$75k – $100k

With 84 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$50k – $75k

12 active listings with 4 sold in the last 6 months.

Market Overview
All Segments

With 26.8 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 1 1 0.2 6 Balanced
25k-50k 15 3 0 30
50k-75k 12 4 0.1 18 Buyer's
75k-100k 14 1 0 84
100k-125k 7 4 0.1 10.5 Buyer's
125k-150k 10 4 0.1 15 Buyer's
150k-175k 3 1 1 0.1 18 Buyer's
175k-200k 8 4 2 0.1 12 Buyer's
200k-225k 4 0
225k-250k 5 0
250k-275k 1 0
275k-300k 3 0
300k-325k 1 1 0.2 6 Balanced
325k-350k 4 0
350k-375k 1 0
375k-400k 1 0
400k-425k 3 0
425k-450k 2 0
475k-500k 2 1 0.1 12 Buyer's
500k-550k 1 0
550k-600k 1 0
700k-750k 2 0
750k-800k 1 0
850k-900k 1 0
1.9m-2m 2 0
2.75m-3m 1 0
3m-3.5m 1 0

Neighboring Cities

Neighboring Cities

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