ZIP Code 86303 — Prescott, AZ Home Prices (2026)

The typical home in ZIP 86303 (Prescott, Arizona) is worth about $581,000 at roughly $340 per square foot — about the same as the Prescott median and 98% more expensive than the typical U.S. home.

$581,000

Typical home value

$340

Price per sq ft

#2 of 3

Prescott ZIPs by value

+0%

vs Prescott median

How 86303 compares

ZIP 86303 is a mid-priced ZIP code for Prescott: its typical home value of $581,000 ranks #2 of the 3 Prescott ZIP codes we track (the citywide range runs from $535,000 in 86301 to $707,000 in 86305). Per square foot it costs about $340, against $340 for Prescott as a whole, $249 for Arizona, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 86303	$581,000	$340
Prescott, AZ	$581,000	$340
Arizona	$393,000	$249
United States	$294,000	$195

Home value by size in 86303

Using this ZIP’s rate of about $340 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$340,000
1,500 sq ft	$510,000
2,000 sq ft	$680,000
2,500 sq ft	$850,000
3,000 sq ft	$1,020,000

Salary needed to buy a home in ZIP 86303

To buy the typical $581,000 home in ZIP 86303 with 20% down, you need a household income of roughly $158,000 a year (about $3,690 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $188,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$29,100	$4,580/mo	$196,000/yr
10% (+PMI)	$58,100	$4,380/mo	$188,000/yr
20%	$116,200	$3,690/mo	$158,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 86303

At about $340 per square foot, here is roughly how much home different budgets get you in ZIP 86303:

Budget	Approx. size	What that looks like locally
$300k	880 sq ft	below the local median — condos, smaller or older homes
$400k	1180 sq ft	below the local median — condos, smaller or older homes
$500k	1470 sq ft	around the typical home here
$600k	1760 sq ft	around the typical home here
$750k	2210 sq ft	around the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 86303 home.

Estimate a specific home in 86303

The estimator below is pre-set to ZIP 86303 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Prescott ZIP codes by home value

Where 86303 sits among Prescott’s 3 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	86305	$707,000	$387
2	86303 (this page)	$581,000	$340
3	86301	$535,000	$323

ZIP 86303 home prices: frequently asked

What is the average home price in ZIP code 86303? +

The typical home in ZIP 86303 (Prescott, AZ) is worth about $581,000 as of 2026. That is about the same as the Prescott median of $581,000 and 98% more expensive than the U.S. median of $294,000.

What is the price per square foot in 86303? +

About $340 per square foot in 86303, versus $340 across Prescott and $249 across Arizona. At that rate a 1,500 sq ft home runs roughly $510,000 and a 2,500 sq ft home about $850,000.

What salary do you need to buy a house in ZIP 86303? +

For the typical $581,000 home in ZIP 86303, a household income of about $158,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $188,000; with 5% down about $196,000.

Is 86303 an expensive ZIP code? +

Within Prescott, 86303 ranks #2 of 3 ZIP codes by typical home value, which makes it a mid-priced ZIP code for Prescott. Nationally it is relatively expensive.

See the full Prescott home values page, all Arizona cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.