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Prescott, AZ Real Estate


According to census data in the year 2000 there were 17,431 housing units in Prescott. This represents a 30.2% growth from 13,393 in 1990.

Of those housing units, 16,782 were located in either urbanized areas or urban clusters, and 649 were located in what is classified as a rural area.

Homeownership rate in Prescott is about 65.7%. Prescott's vacancy rate, including seasonal lodging, is about 11.7%. Average household size is 2.11 people.

The majority of houses, apartments or condos in Prescott were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom13%
Two Bedrooms37.50%
Three Bedrooms36.10%
Four Bedrooms9.30%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1982
Median Value of occupied units$162,700
Median Price asked for vacant units$167,400

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1977
Median Monthly Rent asked for vacant units$560

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.20%
Home Equity Loan6.70%
Simple Mortgage43.90%
Debt Free44%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%