Prescott Real Estate Market Report | November 2025 Trends & Update

If you have been following the Prescott real estate market over the last few years, you know the feeling of whiplash. We saw prices soaring, homes disappearing in hours, and a general sense of frantic energy.

As we settle into December and look at the latest data, there's good news. The frenzy has left the building.

The data from November tells the story of a housing market that has finally found its footing. We are entering what real estate professionals call a Balanced Market. For the first time in a long time, neither the buyer nor the seller holds all the cards. It is a level playing field, and that is healthy for everyone.

Here is the story behind the numbers for Prescott, Prescott Valley, and the surrounding areas.

Prescott Housing Market Overview: The Goldilocks Zone

For years, we had too few homes which created a seller's market. Then, we briefly worried about things stalling. Now, we are in the Goldilocks zone where conditions are not too hot and not too cold.

• For Buyers: You finally have choices. Active inventory is up 16% compared to last year. This means you are not forced to settle for a house you do not love just to get a roof over your head.
  
  
• For Sellers: Do not panic about the headlines regarding a slowdown. While sales dipped slightly, which is normal for the holidays, median home prices are actually up year-over-year. Your equity is safe, but you cannot be lazy with pricing.
  
  

The Translation of the Data We currently have about 4.9 months of supply. Think of this as the shelf life of the housing market. Anything under 3 months is a frantic seller's market while anything over 6 months is a sluggish buyer's market. Sitting at roughly 5 months means we have a stable, healthy flow of homes.

Local Real Estate Trends by City

Real estate is not one-size-fits-all. Depending on where you look in the Quad Cities, the story changes dramatically.

1. Prescott: The Resilient Classic

The Vibe: Established and Strong. Prescott is acting like a classic investment because it is reliable and holds its ground. Even though the number of sales dipped, the prices did not flinch. In fact, the median sold price jumped nearly 8% to over $619,000.

• The Takeaway: If you want proven value, this is it. Homes in Prescott are actually selling faster than last year with a 45 day average. Quality homes are moving, but mediocrity is sitting.

2. Prescott Valley: The Steady Middle

The Vibe: Accessible and Active. Prescott Valley is the workhorse of our market. It remains more affordable than Prescott with a median price around $495,000, but values are still climbing steadily.

• The Takeaway: This is where the bulk of the activity is happening. It is slightly more competitive than other areas, but you still have room to breathe. Sellers here are seeing steady returns, and buyers are finding good, modern inventory.
  
  

3. Chino Valley: The On Sale Sign

The Vibe: The Correction. Here is the most interesting plot twist of 2025. After skyrocketing in popularity, Chino Valley is hitting a reset button. Prices for November adjusted downward significantly to $395,000.

• The Takeaway: If you felt priced out of the market two years ago, look at Chino Valley now. This is a window of affordability we have not seen in a while. For sellers, this means you must price aggressively to compete because the boom-time pricing is over for now.
  
  

4. Dewey-Humboldt: The Buyer’s Playground

The Vibe: Wide Open Spaces and Choices. Dewey-Humboldt is currently our only true Buyer's Market. Inventory has surged by nearly 60% which gives buyers incredible leverage.

• The Takeaway: If you are buying a home, you are in the driver's seat here. You can take your time, negotiate repairs, and likely get a better price. Sellers need to be prepared to negotiate and be patient.
  
  

Year-to-Date Real Estate Performance

If you zoom out and look at the whole year, from January through November 2025, the story gets even better for homeowners.

• Your Home Earned Money: The median price across the whole area is up 19.3% this year compared to last. That is massive wealth generation for homeowners.
  
  
• Activity is Up: We have sold 3.5% more homes this year than in 2024. The market is not dead. It is just normalizing.
  
  

Advice for Buyers and Sellers in Prescott

If You Are Buying a Home The winter months of November through February are your secret weapon. Most casual buyers dropout during the holidays, leaving you with less competition. Combine that with the breathing room in inventory, and you have the chance to find the perfect home, not just the available one.

If You Are Selling a Home You have equity, and likely a lot of it. However, the days of putting a sign in the yard and getting 10 offers over asking price are gone. Homes that are polished, staged, and priced correctly are selling in roughly 45 days. Homes that are overpriced are sitting. You need a strategy, not just a listing.

Ready to Write Your Next Chapter?

The market has shifted from chaos to confidence, and there is opportunity on both sides of the table if you have the right guidance.

Whether you are curious about your home's worth or looking to move in to your new home, contact our team of experts at Legacy Real Estate Network Powered by PLACE for a consultation. We are here to serve so you can build your own legacy.

Information is deemed to be reliable but is not guaranteed. 2025 Prescott Area MLS & FBS. Data is current as of December 9, 2025.