Prescott, AR—71857
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Prescott, AR
Prescott, AR lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $90,000 | 4.8% |
| Single Family | $90,000 | 5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Prescott, AR
Prescott, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Prescott, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Prescott, AR is 40. This is a increase of 43.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $122,000 | 8.0% |
Listing Count | 18 | 17.0% |
| Listings as % of Homes | 0.9% | 17.0% |
Days on Market | 40 | 43.0% |
Demographics — Prescott, AR
As of the latest ACS Survey released in 2023, Prescott, AR has a population of 5,570, which has increased by 14.8% over the past 5 years. Prescott, AR is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 13.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,570 | 14.8% |
% Under 18 | 27.6% | 20.0% |
% Seniors | 16.8% | -27.0% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 13.9% | -19.2% |
As of the latest ACS Survey released in 2023, Prescott, AR is a predominantly white area, with 61.1% of the population identifying as white. The white population has grown by 4.3% in the last 5 years. The second most common race or ethnicity in Prescott, AR is black, making up 28.5% of the population. Foreign-born residents account for 0.1% of the population in Prescott, AR, and this percentage has decreased by 87.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.1% | 4.3% |
% Black | 28.5% | -27.1% |
% Hispanic | 9.7% | 1,840.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.1% | -87.5% |
Mortgage and Risk — Prescott, AR
According to HUD data as of 2023, there were 43 mortgage originations in Prescott, AR, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Prescott, AR. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Prescott, AR
Prescott, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 181 |
Total Units Section 8 | 78 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 62.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $920 |
| 3 Bedroom | N/A | N/A | $1,110 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Prescott, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $90,000 |
| Median Household Income | $40,400 |