Prescott, AZ (86305) has a housing median value of $646,700 which is significantly higher than the US house median value of $338,100. The 1 year house appreciation in Prescott is 9.24%, slightly higher than the US 1 year house appreciation rate of 8.27%. This suggests that investing in real estate in Prescott can be highly profitable due to the relatively high home value and quick return on investment.
The median home cost in Prescott (zip 86305) is $646,700. Home appreciation the last 10 years has been 175.2%. Home Appreciation in Prescott (zip 86305) is up 19.5%.
Average Age of Homes
- The median age of Prescott (zip 86305) real estate is 23 years old
The Rental Market in Prescott (zip 86305)
- Renters make up 18.9% of the Prescott (zip 86305) population
- 0.4% of houses and apartments in Prescott (zip 86305), 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.