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The median home value in Prescott, AZ is $599,791 as of 2026-07-31, down 0.58% from a year earlier.
Median Home Value
$599,791
Year-over-Year
-0.58%
Population
48,339
Prescott ranks #6 of 50 Arizona cities tracked here by median home value, and sits 49.4% above the state's city median of $401,395. It sits in Yavapai County, where the county-wide median is $502,362.
Median household income in Prescott is $70,874, so the typical home value is about 8.5× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Prescott police recorded a violent crime rate of 335 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,117 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Prescott, that value is $599,791. That's down 0.58% from a year earlier. It is about 49.4% above the typical Arizona city tracked here.
Homes in Prescott are more expensive than Yavapai County as a whole, where the median is $502,362 — a difference of about 19.4%.
Median household income here is $70,874, so the typical home value is about 8.5× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Prescott police reported 335 violent crimes per 100,000 residents, covering a population of about 48,339. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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