US Metro Real Estate Intelligence
Rankings/Prescott Valley-Prescott, AZ

Prescott Valley-Prescott, AZ

Below AverageTier 1CBSA 39150Compare
Risk Rank: #227 of 274Month: 2026-06Score change (12m): -31
40score
Composite risk percentile vs 274 metros (higher = higher risk)

Executive Summary

Prescott Valley's housing market shows below-average risk, ranking 227th of 274 metros. The market recently entered Expansion. Broad-based growth with healthy fundamentals.

Prescott Valley has maintained relatively stable market conditions throughout the observation period, currently in Expansion.

Rent growth is roughly keeping pace with price appreciation, suggesting valuations are not stretched.

Cycle Phase

RecoveryExpansionHypersupplyRecession
2 months in current phase·from Expansion

Normal growth conditions with balanced fundamentals

20192020202120222023202420252026

Key Dynamics

Risk is primarily driven by affordability and employment, while price momentum provides the most support.

Top Drivers

Affordabilityp90
Mortgage payment / income
Employmentp70
12-month employment change (risk inverted)
Permits per Capitap66
Permits per 1,000 residents

Market Signals

Supplementary market indicators.

Valuation

Balanced
Rent vs. Price Growth
+3.0%p92
Months in status2
Data through Jun 2026Rent growth vs price growth (rent support). Note: Affordability and Valuation measure different structural dimensions and can diverge.
Factor Details
Lower riskHigher risk
Low RiskBelow AvgNeutralElevatedHigh Risk
Price MomentumLow Risk
-2.9%p0

12-month HPI change — higher = overheating

Permit GrowthLow Risk
-34.0%p5

YoY permit change — higher = supply pressure

Permits per CapitaElevated
5.61p66

Permits per 1,000 residents — higher = overbuilding risk

AffordabilityHigh Risk
0.35p90

Mortgage payment / income — higher = more burdened

EmploymentElevated
+0.0%p70

12-month employment change (risk inverted)

MigrationLow Risk
+$262Kp11

Net AGI migration (risk inverted)

National Context

Credit Conditions

Credit Regime

Stable
Bank Lending Standards
N/ANormal
Rate Change (YoY)
-5 bpsNormal
Mortgage Risk Premium
+194 bpsElevated
Stable for 10 quartersData through 2026-Q3

Supply Pipeline

Supply Regime

Accumulating

Supply pipeline is building up while credit remains available. New units are accumulating in the system — watch for delivery pressure in coming quarters.

Pipeline Ratio
0.90Elevated
Completion-Permit Divergence
-3.1 ppNormal
Accumulating for 5 quartersData through 2026-Q2
Local Signals

Employment Concentration

Employment

Moderate
Largest SectorGovernment 15.9%
QCEW 2024 annual averages
Internal Structure

County-level structural analysis.

County-level structural analysis is not available for this metro due to fewer than 3 qualifying counties.

Score History
MonthScore
2026-0548
2025-1167
2025-0873
2025-0570
2025-0263
2024-1158
2024-0864
2024-0566
2024-0253
2023-1164
2023-0857
2023-0552
2023-0252
2022-1151
2022-0858
2022-0563
2022-0269
2021-1166
2021-0866
2021-0569
2021-0262
2020-1162
2020-0864
2020-0562
2020-0266
2019-1159
2019-0864
2019-0570
2019-0270
2019-0170
Data Vintages
Price (HPI)2026-Q1
Permits2026-06
Income2024
Employment2026-06
Migration2023