The housing market in 86301 Prescott, AZ is flourishing. The median value of a home in the area is $510,700, which is significantly higher than the US median value of $338,100. Not only that, but the house appreciation in 86301 Prescott, AZ has been 9.24% over the past year, higher even than the nationwide average of 8.27%. This is indicative of a strong and growing housing market which seems to be thriving despite economic ups and downs elsewhere.
The median home cost in Prescott (zip 86301) is $510,700. Home appreciation the last 10 years has been 175.2%. Home Appreciation in Prescott (zip 86301) is up 19.5%.
Average Age of Homes
- The median age of Prescott (zip 86301) real estate is 25 years old
The Rental Market in Prescott (zip 86301)
- Renters make up 30.6% of the Prescott (zip 86301) population
- 1.8% of houses and apartments in Prescott (zip 86301), 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.