Prescott, AR 71857 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Prescott, AR—71857

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$92,000

6.1% YoY Growth

Household Income

$40,400

9.2% YoY Growth

Days on Market

18.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

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	$92,000	6.1%
Single Family	$92,000	5.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

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

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% of Rental Stock

2 Bedrooms

33.6%

3 Bedrooms

60.6%

4 Bedrooms

5.7%

Property Listings — Prescott, AR

As of Dec '25, Realtor.com reports that the median days on market for a home in Prescott, AR is 54. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter 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	$119,000	5.0%
Listing Count	17	2.0%
Listings as % of Homes	0.9%	2.0%
Days on Market	77	-18.0%

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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%

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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%

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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%

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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

Prescott, AR—71857

Key Metrics at a Glance

Home Price Trends — Prescott, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Prescott, AR

% of Rental Stock

Property Listings — Prescott, AR

Demographics — Prescott, AR

Race and Ethnicity

Mortgage and Risk — Prescott, AR

Mortgages

Rentals and Section 8 — Prescott, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Prescott, AR

Home Price to Income Ratio

Prescott, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Harmony, AR

Blevins, AR

Rosston, AR

Love Creek, AR

Gurdon, AR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$92,000
Median Household Income	$40,400

Prescott, AR—71857

Key Metrics at a Glance

Home Price Trends — Prescott, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Prescott, AR

% of Rental Stock

Property Listings — Prescott, AR

Demographics — Prescott, AR

Race and Ethnicity

Mortgage and Risk — Prescott, AR

Mortgages

Rentals and Section 8 — Prescott, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Prescott, AR

Home Price to Income Ratio

Prescott, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Harmony, AR

Blevins, AR

Rosston, AR

Love Creek, AR

Gurdon, AR

Frequently Asked Questions

What is the average home price in Prescott, AR 71857?

How have home prices in Prescott, AR 71857 changed over the past year?

What is the home price projection for Prescott, AR 71857?

What are the demographics of Prescott, AR 71857?

How long does it take homes to sell in Prescott, AR 71857?

What is the average rent price in Prescott, AR 71857?