Commercial Real Estate Market in Prescott Valley, AZ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
452 active listings and 1,406 off-market properties in Prescott Valley, AZ. Commercial property asks $81/SF to buy and $18.12/SF/Yr to lease.
Market Trends
Prescott Valley, AZ spans 115.0 square miles in Yavapai County, Arizona. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Prescott Valley, AZ runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Prescott Valley, AZ runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Prescott Valley, AZ runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Prescott Valley, AZ runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Prescott Valley, AZ has 49,815 residents in 21,019 households. Density runs 433 people per square mile. Median household income here is $73,285 and median gross rent $1,587 a month.
49,815
Population
21,019
Households
2.4
Avg Household Size
47
Median Age
25%
College-Educated
90%
High-School Grad
115 sq mi
ZIP Area
433
Density / Sq Mi
$73,285
Median Household Income
$39,432
Median Earnings
$1,587
Median Rent
$392,965
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Prescott Vly | — | $18.12 |
| Chino Valley | — | $12.00 |
| Prescott | — | $19.20 |
| Jerome | — | — |
Commercial property in Prescott Valley, AZ asks $81/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Prescott Valley?
Commercial property in Prescott Valley, AZ asks an average of $81 per square foot. The 7 most recent recorded sales traded at a median of $219/SF.
How much does it cost to lease commercial space in Prescott Valley?
Asking lease rates in Prescott Valley, AZ average $18.12 per square foot per year.
Where does Realmo's Prescott Valley market data come from?
Realmo compiles Prescott Valley, AZ figures from 8 recent recorded sales, 385 active sale listings, 67 active lease listings, 1,406 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 385 active for-sale and 67 active for-lease listings in Prescott Valley, AZ. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
