Prescott Valley, AZ—86315
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Prescott Valley, AZ
Prescott Valley, AZ lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $583,000 | -1.2% |
| Single Family | $584,000 | -1.2% |
| 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 | $531,000 | -0.9% |
4 Bed | $676,000 | -0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Prescott Valley, AZ
As of July '25, Rentcast reports the average rent in Prescott Valley, AZ is $2,780, with a year-over-year rent change of -6.7%. Per bedroom, the median rent as of July '25 in Prescott Valley, AZ is 2-bedrooms: $2,250, 3-bedrooms: $2,540, 4-bedrooms: $2,800. The most common rental property sizes in Prescott Valley, AZ are 3-bedroom and 2-bedroom, accounting for 66.9% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,780 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,250 | $2,250 |
| 3 Bed Rent | $2,600 | $2,540 |
| 4 Bed Rent | $2,600 | $2,800 |
% of Rental Stock
Property Listings — Prescott Valley, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Prescott Valley, AZ is 98. This is a increase of 14.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $799,000 | 3.0% |
Listing Count | 149 | 16.0% |
| Listings as % of Homes | 2.4% | 16.0% |
Days on Market | 98 | 14.0% |
Demographics — Prescott Valley, AZ
As of the latest ACS Survey released in 2023, Prescott Valley, AZ has a population of 9,180, which has increased by 19.6% over the past 5 years. Prescott Valley, AZ is a moderately popular place for families, as children make up 18.8% of the population. The area has a moderately educated workforce, with 31.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,180 | 19.6% |
% Under 18 | 18.8% | 25.3% |
% Seniors | 32.4% | -7.7% |
% WFH | 17.6% | 170.8% |
% w/ College Degree | 31.6% | 61.2% |
As of the latest ACS Survey released in 2023, Prescott Valley, AZ is a predominantly white area, with 78.2% of the population identifying as white. The white population has shrunk by 9.0% in the last 5 years. The second most common race or ethnicity in Prescott Valley, AZ is hispanic, making up 13.4% of the population. Foreign-born residents account for 4.4% of the population in Prescott Valley, AZ, and this percentage has decreased by 24.1% 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 | 78.2% | -9.0% |
% Black | 0.5% | ∞% |
% Hispanic | 13.4% | 39.6% |
% Asian | 1.1% | -52.2% |
% Foreign Born | 4.4% | -24.1% |
Mortgage and Risk — Prescott Valley, AZ
According to HUD data as of 2023, there were 430 mortgage originations in Prescott Valley, AZ, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Prescott Valley, AZ. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 430 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Prescott Valley, AZ
Prescott Valley, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,940 |
| 2 Bedroom | $160 | $2,250 | $2,410 |
| 3 Bedroom | $730 | $2,600 | $3,330 |
| 4 Bedroom | $1,220 | $2,600 | $3,820 |
Affordability — Prescott Valley, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $583,000 |
| Median Household Income | $96,200 |