Market Overview
Home Prices in Prescott Valley, AZ
The median home value in Prescott Valley, AZ is $461,552 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.1% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Prescott Valley are priced13% above average. Prescott Valley is part of the Prescott Valley-Prescott, AZ metro area.
Over the past five years, Prescott Valley home values have risen by approximately17.0%, reflecting steady appreciation in this market.
Price History
Prescott Valley Home Price Trend
City Comparison
Prescott Valley vs. National Median
At $461,552, homes in Prescott Valley cost 13% above the national median of $410,000. Buyers in Prescott Valley should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Prescott Valley?
20% Down Payment
$92,310
on $461,552
Monthly P&I
$2,407/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,057/mo
incl. taxes & insurance
Income Needed
$122,280
gross annual (30% rule)
10% Down Option
$46,155
+ PMI applies
Loan Amount (20% dn)
$369,242
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Prescott Valley, AZ?
The median home value in Prescott Valley is $461,552 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.1% year-over-year.
How much have home prices changed in Prescott Valley?
Over the past year, home values in Prescott Valley have increased by 0.1%. Over five years, prices have risen approximately 17.0%.
How much do I need to earn to buy a home in Prescott Valley?
To comfortably afford the median home price of $461,552 with a 20% down payment ($92,310) at today's rates (6.8%), you'd need a gross annual income of approximately $122,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Prescott Valley compare to the national average home price?
The national median home value is approximately $410,000. At $461,552, homes in Prescott Valley are 13% above the national average.
What metro area is Prescott Valley part of?
Prescott Valley is part of the Prescott Valley-Prescott, AZ metropolitan area. Home prices and market conditions can vary across the broader metro region.