Home prices
The median home price in Prescott is $347,700. It is roughly $105,500 (43%) higher compared to its nearby areas.It is roughly $130,200 (59%) higher compared to the rest of the country, and is about $112,300 (47%) higher compared to the city of Phoenix.
Rents
The median monthly rent in Prescott is $893. It is roughly $22 (2%) lower in comparison to its surrounding areas.Compared to the entire country it is about $169 (15%) lower, and it is approximately $160 (15%) lower compared to the city of Phoenix.
Nearby places
Prescott Valley
Prescott Valley is Prescott's neighbor to the east. Housing prices there are substantially less expensive. The median home value in Prescott Valley is $228,700, which works out to $119,000 (52%) lower than Prescott. Rent there is a little more expensive. The median rent in Prescott Valley is $992 per month, which comes out to $99 (9%) higher than Prescott.
Williamson
Williamson is Prescott's neighbor to the northwest. The housing prices there are somewhat more expensive. The median home in Williamson is valued at $435,900, which comes out to $88,200 (20%) higher than Prescott. Its rents are somewhat less expensive. The median rent in Williamson is $840 per month, which comes out to $53 (6%) lower than Prescott.
Dewey-Humboldt
Dewey-Humboldt is about 11 miles southeast from Prescott. The real estate prices there are substantially less expensive. The median home in Dewey-Humboldt costs $205,200, which comes out to $142,500 (69%) lower than Prescott. Rents there are somewhat more expensive. In Dewey-Humboldt the median monthly rent is $964, which is $71 (7%) higher than Prescott.
Chino Valley
Chino Valley is about 12 miles north from Prescott. Housing prices there are a lot less expensive. The median home in Chino Valley is valued at $229,100, which comes out to $118,600 (51%) lower than Prescott. Rent there is similar. Chino Valley's median monthly rent is $875, which comes out to $18 (2%) lower than Prescott.
Wilhoit
Wilhoit is approximately 15 miles southwest from Prescott. Its real estate prices are a lot less expensive. The median home in Wilhoit costs $112,100, which works out to $235,600 (210%) lower than Prescott. Rent there is fairly similar. In Wilhoit the median monthly rent is $902, which is very similar to Prescott.