Real Estate Market Update for 86301 (Prescott, AZ)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was up 30% from one year earlier, and up 11% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 530-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 70%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 240-thousand dollars. The number of units sold decreased 25% year-over-year, and decreased 62% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 86301 (Prescott, AZ)
Area Information for 86301 (Prescott, AZ)
  • Population: 21,824
  • Median Age: 52.39 yr
  • Median Commute Time: 17 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 705/sq mi
  • Population Change Since 2000: 28.98%
  • Closest Airport: Flagstaff Pulliam
  • Closest College: Embry-riddle Aeronautical Univ-prescott
  • Closest Jr. College: Yavapai College-verde Valley Campus
  • Median Household Income: $43,390
  • Annual Residential Turnover: 24%
  • Median Home Sales Price: $200,000
  • Closest Major Sports Team: Azl Rangers (r)
  • Change Avg. Household Income Since 2000: 22.01%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 86301 (Prescott, AZ)
Median Age: 52.39 Married: 42% Number of Households: 9,880 Households with Children: 1,326
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 86301 (Prescott, AZ)

      School Name Distance Type Grades School Rating Parent Rating
      Aspire Junior/senior High School 1.1 mi Public 7-12 0 0
      St Luke's School 1.4 mi Private PRESCHOOL-K 0 0
      Tri City College Prep High School 1.5 mi Public 9-12 5 4
      Trinity Christian School 2.6 mi Private K-12 0 4
      Prescott Adventist Christian School 3.5 mi Private PRESCHOOL-8 0 0
      Willow Creek Charter School 4.6 mi Public K-8 3 0
      Taylor Hicks School 4.6 mi Public K-5 3 0
      Mountain Oak Charter School 5.1 mi Public PRESCHOOL-8 5 0
      Prescott High School 5.3 mi Public 9-12 2 3
      Yavapai County High School 5.5 mi Public 9-12 1 0
      Prelude Preschool Handicapped 6.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Northpoint Expeditionary Learning Academy 6.0 mi Public 9-12 3 3
      Prescott Preparatory Acadmey 6.0 mi Public 9-12 1 0
      La Tierra Community School 6.3 mi Public K-6 1 0
      La Tierra Community School 6.3 mi Private 4-5 0 0
      Discovery Gardens Preschool 6.4 mi Public PRESCHOOL-PRESCHOOL 2 0
      Sacred Heart Preschool 6.5 mi Catholic PRESCHOOL-8 0 0
      Sacred Heart School 6.5 mi Catholic PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by School Review data by
      Local Weather for 86301 (Prescott, AZ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.