Market Overview
Home Prices in Prescott, KS
The median home value in Prescott, KS is $193,926 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 15.9% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Prescott are priced53% below average. Prescott is part of the Kansas City, MO-KS metro area.
Over the past five years, Prescott home values have risen by approximately38.6%, reflecting strong long-term appreciation in this market.
Price History
Prescott Home Price Trend
City Comparison
Prescott vs. National Median
At $193,926, homes in Prescott cost 53% below the national median of $410,000. This makes Prescott a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Prescott?
20% Down Payment
$38,785
on $193,926
Monthly P&I
$1,011/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,284/mo
incl. taxes & insurance
Income Needed
$51,360
gross annual (30% rule)
10% Down Option
$19,393
+ PMI applies
Loan Amount (20% dn)
$155,141
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, KS?
The median home value in Prescott is $193,926 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 15.9% year-over-year.
How much have home prices changed in Prescott?
Over the past year, home values in Prescott have increased by 15.9%. Over five years, prices have risen approximately 38.6%.
How much do I need to earn to buy a home in Prescott?
To comfortably afford the median home price of $193,926 with a 20% down payment ($38,785) at today's rates (6.8%), you'd need a gross annual income of approximately $51,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Prescott compare to the national average home price?
The national median home value is approximately $410,000. At $193,926, homes in Prescott are 53% below the national average.
What metro area is Prescott part of?
Prescott is part of the Kansas City, MO-KS metropolitan area. Home prices and market conditions can vary across the broader metro region.