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Prescott Valley Homes For Sale - Prescott Valley Homes for Sale Appeal to Many Families

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Prescott Valley is located north of the Phoenix metropolitan area and adjacent to the city of Prescott. Its elevation is slightly over 5,000 feet and it enjoys a mild climate year-round. Prescott Valley is a thriving city on its own, and Prescott Valley homes for sale are purchased by people who live there, retirees, and people who want second homes. Prescott Valley homes for sale come in all sizes, shapes, and price ranges. Some of the homes have been built in subdivisions, and others are homes built into the hills on the outskirts of town.

People can buy Prescott Valley homes for sale from real estate agents or from private sellers. People can find these homes by looking online, driving around looking for properties in neighborhoods where they would like to live, or by contacting a real estate agent who can show them or send them listings in their price range and meet their criteria for a home in Prescott Valley.

Prescott Valley has been developed more recently than much of neighboring Prescott. Homes in Prescott appreciated rapidly in the late 1990’s and early 2000’s as retirees from California cashed in their substantial equity and moved to Prescott for its climate and lifestyle. This mass immigration to Prescott drove prices up, and developers and builders turned to Prescott Valley to build more affordable homes. As a consequence, many Prescott Valley homes for sale are newer than the housing stock in Prescott.

Prescott and Prescott Valley are popular places for Phoenix residents to spend the weekends to escape the heat in the summer, so people who are looking for Prescott Valley homes for sale may want to schedule appointments to look at homes in the region during weekdays. The recreational opportunities around Prescott and Prescott Valley are some of the best in the state of Arizona, and tourists go to these cities all year long to enjoy the beautiful scenery.

People who buy homes in Prescott Valley have year-round access to the benefits of living in a beautiful setting with all the conveniences that both Prescott and Prescott Valley offer. The school systems in these areas are good and employment opportunities fall into multiple categories. Any family who wants to enjoy the benefits of urban living combined with the charm of small city living will enjoy Prescott Valley. Retirees who enjoy the outdoors can look at Prescott Valley homes for sale and live in an area that has many activities for year-round living.

As of August 2010, Prescott Valley homes are a good value. The real estate website, Zillow, reports that the median home value in Prescott Valley was $148,200 in June 2010, compared to nearby Prescott’s median value of $227,600. The values in both Prescott and Prescott Valley have declined since June, 2006. Zillow estimates that the value of homes declined 8% between June 2009 and June 2010.

According to the Census Bureau, as of 2008, 65% of the homes in Prescott were detached single-family homes and 14.4% were mobile homes. The remaining types of homes in Prescott were attached homes and apartments. Owners outnumber renters in Prescott Valley, where 69% of people owned their homes and 31% rented them.

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