How much house does $500,000 buy you in Prescott Valley?

Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000. 

These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.

While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Prescott Valley?

To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Prescott Valley right now. Listings below $500,000 were included if necessary.

4650 N Calle Santa Cruz, Prescott Valley, AZ 86314
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 1,946
- See 4650 N Calle Santa Cruz, Prescott Valley, AZ 86314 on Redfin.com

4500 N Culpepper Rnch Rd, Rimrock, AZ 86335
- Price: $499,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,097
- See 4500 N Culpepper Rnch Rd, Rimrock, AZ 86335 on Redfin.com

4500 N Culpepper Ranch Rd, Lake Montezuma, AZ 86342
- Price: $499,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,097
- See 4500 N Culpepper Ranch Rd, Lake Montezuma, AZ 86342 on Redfin.com

3233 N Hedgewood Dr, Prescott Valley, AZ 86314
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,860
- See 3233 N Hedgewood Dr, Prescott Valley, AZ 86314 on Redfin.com

7174 E Thrush Ln, Prescott Valley, AZ 86314
- Price: $499,999
- 4 bedrooms, 2 bathrooms
- Square feet: 1,656
- See 7174 E Thrush Ln, Prescott Valley, AZ 86314 on Redfin.com

1153 N Esther Pkwy, Camp Verde, AZ 86322
- Price: $499,900
- 4 bedrooms, 2 bathrooms
- Square feet: 1,653
- See 1153 N Esther Pkwy, Camp Verde, AZ 86322 on Redfin.com

3836 W Center Ln, Camp Verde, AZ 86322
- Price: $499,000
- 4 bedrooms, 1.8 bathrooms
- Square feet: 2,015
- See 3836 W Center Ln, Camp Verde, AZ 86322 on Redfin.com

23464 S Gladiator Mine Rd, Crown King, AZ 86343
- Price: $499,900
- 3 bedrooms, 3.5 bathrooms
- Square feet: 4,511
- See 23464 S Gladiator Mine Rd, Crown King, AZ 86343 on Redfin.com

1556 Bainbridge Ln, Chino Valley, AZ 86323
- Price: $499,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,467
- See 1556 Bainbridge Ln, Chino Valley, AZ 86323 on Redfin.com

6278 Goldfinch Dr, Prescott, AZ 86305
- Price: $499,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,185
- See 6278 Goldfinch Dr, Prescott, AZ 86305 on Redfin.com

8500 E Poland Rd, Mayer, AZ 86333
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,692
- See 8500 E Poland Rd, Mayer, AZ 86333 on Redfin.com

22418 S Gladiator Mine Rd, Crown King, AZ 86343
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,520
- See 22418 S Gladiator Mine Rd, Crown King, AZ 86343 on Redfin.com

980 N Grandview, Paulden, AZ 86334
- Price: $499,900
- 3 bedrooms, 2.3 bathrooms
- Square feet: 2,706
- See 980 N Grandview, Paulden, AZ 86334 on Redfin.com

1203 S Settlers Cir, Cottonwood, AZ 86326
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,940
- See 1203 S Settlers Cir, Cottonwood, AZ 86326 on Redfin.com

7876 N Siesta Sunset Ln, Prescott Valley, AZ 86315
- Price: $499,999
- 3 bedrooms, 2 bathrooms
- Square feet: 1,863
- See 7876 N Siesta Sunset Ln, Prescott Valley, AZ 86315 on Redfin.com

1716 Alpine Meadows Ln, Prescott, AZ 86303
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,811
- See 1716 Alpine Meadows Ln, Prescott, AZ 86303 on Redfin.com

379 Malachite Dr, Clarkdale, AZ 86324
- Price: $499,990
- 3 bedrooms, 2 bathrooms
- Square feet: 1,780
- See 379 Malachite Dr, Clarkdale, AZ 86324 on Redfin.com

377 Malachite Dr, Clarkdale, AZ 86324
- Price: $499,990
- 3 bedrooms, 2 bathrooms
- Square feet: 1,780
- See 377 Malachite Dr, Clarkdale, AZ 86324 on Redfin.com

7959 E Las Flores Ave, Prescott Valley, AZ 86314
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,610
- See 7959 E Las Flores Ave, Prescott Valley, AZ 86314 on Redfin.com

385 S Reed Rd, Chino Valley, AZ 86323
- Price: $498,500
- 3 bedrooms, 2 bathrooms
- Square feet: 1,502
- See 385 S Reed Rd, Chino Valley, AZ 86323 on Redfin.com

11843 N Serendipity Way, Prescott Valley, AZ 86315
- Price: $500,000
- 3 bedrooms, 1.8 bathrooms
- Square feet: 2,612
- See 11843 N Serendipity Way, Prescott Valley, AZ 86315 on Redfin.com

1930 Forest Meadows Dr, Prescott, AZ 86303
- Price: $499,900
- 3 bedrooms, 1.8 bathrooms
- Square feet: 1,605
- See 1930 Forest Meadows Dr, Prescott, AZ 86303 on Redfin.com

213 N Virginia St, Prescott, AZ 86301
- Price: $499,000
- 3 bedrooms, 1.8 bathrooms
- Square feet: 1,310
- See 213 N Virginia St, Prescott, AZ 86301 on Redfin.com

4092 Prairie Schooner Rd, Wickenburg, AZ 85390
- Price: $499,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,782
- See 4092 Prairie Schooner Rd, Wickenburg, AZ 85390 on Redfin.com

12025 E Yavapai Dr, Dewey, AZ 86327
- Price: $499,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,728
- See 12025 E Yavapai Dr, Dewey, AZ 86327 on Redfin.com

4354 Ponderosa Trl, Wickenburg, AZ 85390
- Price: $499,486
- 2 bedrooms, 2 bathrooms
- Square feet: 1,648
- See 4354 Ponderosa Trl, Wickenburg, AZ 85390 on Redfin.com

4577 Tenderfoot Way, Wickenburg, AZ 85390
- Price: $499,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,586
- See 4577 Tenderfoot Way, Wickenburg, AZ 85390 on Redfin.com

7936 E Talking Iron Ln, Prescott Valley, AZ 86315
- Price: $499,900
- 2 bedrooms, 1.8 bathrooms
- Square feet: 1,750
- See 7936 E Talking Iron Ln, Prescott Valley, AZ 86315 on Redfin.com

314 Bullock Rd, , AZ 86320
- Price: $499,900
- 2 bedrooms, 1 bathroom
- Square feet: 1,072
- See 314 Bullock Rd, , AZ 86320 on Redfin.com

4785 Ponderosa Ave, Prescott, AZ 86303
- Price: $499,000
- 1 bedroom, 1.5 bathrooms
- Square feet: 1,069
- See 4785 Ponderosa Ave, Prescott, AZ 86303 on Redfin.com