Home prices
The median home in Prescott costs $62,300. This is roughly $4,200 (6%) lower compared to its surrounding areas.It is about $155,200 (71%) lower compared to the rest of the country, and in comparison to the city of Hot Springs is roughly $60,600 (49%) lower.
Rents
The median monthly rent in Prescott is $750. Compared to its surrounding areas it is about $133 (21%) higher.In comparison to the rest of the nation it is roughly $312 (29%) lower, and in comparison to the city of Hot Springs is approximately $23 (3%) higher.
Nearby places
Emmet
Emmet is approximately 7 miles southwest of Prescott. Its housing prices are substantially less expensive. The median home in Emmet costs $46,100, which comes out to $16,200 (35%) lower than Prescott. Its rents are a lot less expensive. In Emmet the median monthly rent is $438, which comes out to $312 (71%) lower than Prescott.
Blevins
Blevins is about 10 miles northwest from Prescott. Housing prices there are a bit less expensive. The median home in Blevins costs $49,300, which comes out to $13,000 (26%) lower than Prescott. Rents there are a little less expensive. In Blevins the median monthly rent is $600, which is $150 (25%) lower than Prescott.
Perrytown
Perrytown is approximately 10 miles southwest of Prescott. The real estate prices there are a little more expensive. The median home cost in Perrytown is $87,100, which comes out to $24,800 (28%) higher than Prescott. Its rents are similar. In Perrytown the median monthly rent is $721, which works out to $29 (4%) lower than Prescott.
Hope
Hope is approximately 14 miles southwest from Prescott. Real estate prices there are somewhat more expensive. The cost of the median home in Hope is $77,900, which is $15,600 (20%) higher than Prescott. The rent there is somewhat less expensive. Hope's median monthly rent is $697, which works out to $53 (7%) lower than Prescott.
Gurdon
Gurdon is roughly 14 miles northeast from Prescott. The housing prices there are somewhat more expensive. The price of the median home in Gurdon is $72,100, which is $9,800 (13%) higher than Prescott. Rents there are a little less expensive. Gurdon's median rent is $629 a month, which is $121 (19%) lower than Prescott.