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Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand on the sidelines. This comes amid rising and growing . But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are , even as most buyers pull back.

Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the Prescott Valley metro area—and showcased a few of the area's standout listings (when possible).

Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.

#1. Jasper (Prescott Valley, AZ)

Median sale price: $805,676 | Median days on market: 90 days

5055 E Frost Ln, Prescott Valley, AZ 86314
- List price: $1,243,656
- Beds: 3 | Baths: 3.5 | Square feet: 2,672
- See 5055 E Frost Ln, Prescott Valley, AZ 86314 on

5080 N Jeffers Ave, Prescott Valley, AZ 86314
- List price: $779,000
- Beds: 3 | Baths: 2.5 | Square feet: 2,399
- See 5080 N Jeffers Ave, Prescott Valley, AZ 86314 on

5088 N Jeffers Ave, Prescott Valley, AZ 86314
- List price: $749,000
- Beds: 2 | Baths: 3 | Square feet: 2,204
- See 5088 N Jeffers Ave, Prescott Valley, AZ 86314 on

5512 E Edgar Way, Prescott Valley, AZ 86314
- List price: $734,990
- Beds: 3 | Baths: 2.5 | Square feet: 2,023
- See 5512 E Edgar Way, Prescott Valley, AZ 86314 on

#2. Coyote Springs (Prescott Valley, AZ)

Median sale price: $785,000 | Median days on market: 130 days

10210 E Dawn To Milky Way, Prescott Valley, AZ 86315
- List price: $1,075,000
- Beds: 4 | Baths: 3 | Square feet: 2,409
- See 10210 E Dawn To Milky Way, Prescott Valley, AZ 86315 on

10660 E Colt Rd, Prescott Valley, AZ 86315
- List price: $800,000
- Beds: 3 | Baths: 2 | Square feet: 2,379
- See 10660 E Colt Rd, Prescott Valley, AZ 86315 on

8558 N Grass Valley Ln, Prescott Valley, AZ 86315
- List price: $976,000
- Beds: 4 | Baths: 3 | Square feet: 3,153
- See 8558 N Grass Valley Ln, Prescott Valley, AZ 86315 on

Open Sky Trl, Prescott Valley, AZ 86315
- List price: $925,000
- Beds: 4 | Baths: 3 | Square feet: 2,597
- See Open Sky Trl, Prescott Valley, AZ 86315 on

#3. Hidden Valley Ranch (Prescott, AZ)

Median sale price: $704,950 | Median days on market: 28 days

1145 Northwood Loop, Prescott, AZ 86303
- List price: $749,900
- Beds: 4 | Baths: 2.75 | Square feet: 2,477
- See 1145 Northwood Loop, Prescott, AZ 86303 on

1677 Coyote Rd, Prescott, AZ 86303
- List price: $895,000
- Beds: 3 | Baths: 3.75 | Square feet: 3,682
- See 1677 Coyote Rd, Prescott, AZ 86303 on

242 Mahogany Ln, Prescott, AZ 86303
- List price: $485,000
- Beds: 2 | Baths: 1.5 | Square feet: 1,182
- See 242 Mahogany Ln, Prescott, AZ 86303 on

285 Edgewood Ct, Prescott, AZ 86303
- List price: $699,000
- Beds: 3 | Baths: 1.75 | Square feet: 1,880
- See 285 Edgewood Ct, Prescott, AZ 86303 on

#4. Stoneridge (Prescott Valley, AZ)

Median sale price: $625,000 | Median days on market: 86 days

1111 N Wide Open Trl, Prescott Valley, AZ 86314
- List price: $949,900
- Beds: 3 | Baths: 1.75 | Square feet: 2,836
- See 1111 N Wide Open Trl, Prescott Valley, AZ 86314 on

1915 N Bittersweet Way, Prescott Valley, AZ 86314
- List price: $699,000
- Beds: 4 | Baths: 2.5 | Square feet: 2,614
- See 1915 N Bittersweet Way, Prescott Valley, AZ 86314 on

7015 E Lantern Ln W, Prescott Valley, AZ 86314
- List price: $380,000
- Beds: 3 | Baths: 2 | Square feet: 1,332
- See 7015 E Lantern Ln W, Prescott Valley, AZ 86314 on

7152 E Encampment Dr, Prescott Valley, AZ 86314
- List price: $540,000
- Beds: 4 | Baths: 3 | Square feet: 2,105
- See 7152 E Encampment Dr, Prescott Valley, AZ 86314 on

#5. Pronghorn Ranch (Prescott Valley, AZ)

Median sale price: $615,000 | Median days on market: 57 days

7638 E Clear Sky Trl, Prescott Valley, AZ 86315
- List price: $449,900
- Beds: 3 | Baths: 2 | Square feet: 1,534
- See 7638 E Clear Sky Trl, Prescott Valley, AZ 86315 on

7834 N Music Mountain Ln, Prescott Valley, AZ 86315
- List price: $457,000
- Beds: 3 | Baths: 2 | Square feet: 1,621
- See 7834 N Music Mountain Ln, Prescott Valley, AZ 86315 on

7835 E Smoke House Ln, Prescott Valley, AZ 86315
- List price: $798,500
- Beds: 3 | Baths: 2.5 | Square feet: 2,307
- See 7835 E Smoke House Ln, Prescott Valley, AZ 86315 on

7930 E Carbon Ct, Prescott Valley, AZ 86315
- List price: $599,000
- Beds: 3 | Baths: 2 | Square feet: 2,196
- See 7930 E Carbon Ct, Prescott Valley, AZ 86315 on