According to statistics, the population in Prescott Valley, AZ amounts to 41,995, which shows growth 2% compared to the previous year. The median age of the city’s residents is 44. The average household income is $45,684, shifting growth 4% from the past year, and the average property value in Prescott Valley, AZ growth 9% to $192,400 throughout the year.
|Number Of Employees||15,915|
|Median Property Value||$192,400|
The average household income in Prescott Valley, AZ grew from $43,801 to $45,684 in the past year. This data is an estimate based upon 17,011 households in Prescott Valley, AZ . The chart below presents how household income is distributed in Prescott Valley, AZ in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Prescott Valley, AZ shifted from $176,400 to $192,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Prescott Valley, AZ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Prescott Valley, AZ properties falls in the '$200,000 to $249,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Prescott Valley, AZ compared to median property taxes around the country. The prevalent amount of property taxes in Prescott Valley, AZ equals $1150, which is less than the national average.
|May||vs Last Month|
|4+ bed apartments||$685,112||+9.2%|
During May 2023, the average price for an apartment in/near Prescott Valley, AZ increased by 9.2% to $524,392.
Knowing the current property prices is key if you plan to buy a studio in Prescott Valley, AZ. The average price for a studio has decreased since the last month, currently being $218,800. Asking price for 2-bed apartment also increased by 6.5% and a place of this size will now cost you $484,943. A 3-bed apartment goes for $508,745, it decreased by 6.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 9.2% and made it up to $685,112.
|May||vs Last Month|
|Houses for sale||$557,660||-0.2%|
|Condos for sale||$404,160||+0.6%|
|Apartments for sale||$218,800||-4.8%|
The average cost of an apartment in Prescott Valley, AZ decreased by 4.8% to $218,800. Price reports demonstrate that house price decreased by 0.2% this month making it up to $557,660. Condos are really in demand in this season. The median price for a condo increased by 0.6%, it’s now available for $404,160.