Prescott Valley, Arizona
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+12.7% since 2010
Median Home Price
Comfort Index (Climate)
Prescott is a pleasant, prosperous, and historic desert mountain city located about 60 miles south of Sedona, a popular arts and retirement community. Downtown is clean, quiet and is a mix of old West and Midwest with a number of historic structures. Older homes, mostly of Victorian vintage, are nicely kept and restored, due in part to preservation incentives. There are more than 700 structures listed in the National Register of Historic Places.
There are numerous newer homes and developments outside of Prescott and in neighboring areas, including Prescott Valley and Chino Valley. Many are upscale and targeted to wealthy retirees. There are some minor arts and cultural assets, and recreation is plentiful in nearby mountains, small lakes and in the area’s many nice golf courses. The area does not get a lot of rainfall nor does it have an extensive water infrastructure, so water availability and conservation are an ongoing concern. Home prices have grown rapidly as the area attracts retirees and other migrants from the West Coast.
The valley location is characterized by low rolling desert studded with rocks, scrub pine and intermittent green, becoming more densely forested with Ponderosa pine as you move into higher mountains both west and east of Prescott. The year-round, high-desert climate is pleasant and dry, although given to frequent below-freezing nights. Many like the area because it has four seasons, low humidity, and lots of sunshine.
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