Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Prescott area can be challenging. Home prices in Prescott are now at a median cost of $63,586, lower than the Arkansas average of $160,541.
The average cost of rent is $621/mo in Prescott, primarily driven by the current value of real estate in the Prescott area. While nearly 72.13% of residents own their homes outright in Prescott, 44.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Prescott is $3,357 per month. Households that rent pay about 18.49% of their income on rent here. Prescott's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Boughton, AR: higher priced homes
- Redland, AR: equally priced homes
- Garlandville, AR: higher priced homes
- Sycamore, AR: higher priced homes
- Blevins, AR: higher priced homes
- Bluff City, AR: less expensive homes
- Oakhaven, AR: higher priced homes
- Reader, AR: equally priced homes
- Pisgah, AR: higher priced homes
- McCaskill, AR: higher priced homes
Cities with Similar Populations
- Hickory Creek, TX: higher priced homes
- Wolf Point, MT: higher priced homes
- West Brookfield, MA: higher priced homes
- Wakeman, OH: higher priced homes
- Stone Park, IL: higher priced homes
- Seven Springs, NC: higher priced homes
- Rochester, MA: higher priced homes
- Ravenna, MI: higher priced homes
- Okanogan, WA: higher priced homes
- New Kent, VA: higher priced homes
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