Prescott, AR Housing

Prescott, AR is an attractive place to live for many people looking for affordable housing. The median value of a house in Prescott is $65,400, which is significantly lower than the national median value of $338,100. Not only are housing prices comparatively low, but the area also experiences much higher appreciation for homes than the national average. During the last year alone, home values in Prescott rose 17.64%, which is almost double the 8.27% appreciation rate seen throughout the rest of the US. This makes it an ideal place to invest in real estate, as investors can expect to see a great return on their money over time.

The median home cost in Prescott is $65,400. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Prescott is up 17.9%.

Average Age of Homes

- The median age of Prescott real estate is 49 years old

The Rental Market in Prescott

- Renters make up 43.5% of the Prescott population
- 13.1% of houses and apartments in Prescott, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Prescott, Arkansas	United States
	1,676.0	139,647,020.0
	52	42
	$65,400	$338,100
	17.9%	16.6%
	55.1%	57.0%
	68.4%	101.1%
	$6.44	$10.98
	$459	$2,690
	30.1%	57.4%
	30.5%	11.2%
	39.4%	31.4%
Vacant Housing
	13.1%	1.9%
	0.0%	0.4%
	2.3%	0.7%
	0.0%	0.4%
	2.9%	3.6%
	12.3%	4.1%
Value of Owner-Occupied Housing
	16.3%	2.6%
	30.6%	2.4%
	7.1%	2.8%
	5.8%	3.9%
	20.6%	4.5%
	9.7%	11.3%
	9.9%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.1%	13.6%
	1.1%	13.6%
	17.4%	13.6%
	14.4%	13.2%
	16.8%	14.8%
	17.4%	13.6%
	18.2%	10.0%
	17.1%	4.7%
	11.9%	12.2%