How much is a home worth in ZIP code 86323?

The typical home in 86323 is worth $498,407, based on the Zillow Home Value Index.

Are home values rising in 86323?

Home values in 86323 are up 1.6% over the past year, and up 5.2% a year over five years.

What is the typical rent in 86323?

A typical home in 86323 rents for about $2,447 a month, a gross rental yield of 5.9%.

What is the property tax rate in 86323?

The effective property tax rate in 86323 is 0.4% — roughly $1,880 a year on a typical home.

ZIP code 86323 has a population of 19,666 and a median household income of $62,603.

HousingHandbookReference data

…

U.S. ZIP Code · AZ86323

Yavapai County · Prescott Valley-Prescott, AZ

Typical home value

$498,407^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.6%
5-year / yr: +5.2%
10-year / yr: +7.6%

Relative price

vs U.S.: +75.5%
vs metro: +14.7%
vs state: +28.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 86323 is worth $498,407 — 14.7% above the Prescott Valley-Prescott, AZ median. Over the past year, values have risen 1.6%. Homes here rent for a typical $2,447 a month — a 5.9% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,447^[2]
Gross yield: 5.9%^[2]
Cap rate: 3.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.4%^[3]
Typical annual tax: $1,880^[3]

#Climate risk

FEMA National Risk Index ratings for Yavapai County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Relatively High
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: No Rating
Tornado: Relatively Low
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 19,666^[3]
Median household income: $62,603^[3]

#Migration

Household moves in and out of Yavapai County over a year, from IRS tax-return data.

Net migration: +1,669^[5]
Moved in: 8,425
Moved out: 6,756

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 7
Elementary: 3
Middle: 1
High: 3

Chino Valley High School
High · Grades 9–12 · Chino Valley Unified District (4474)
752 students
Territorial Early Childhood Center
Elementary · Grades PK–2 · Chino Valley Unified District (4474)
619 students
Heritage Middle School
Middle · Grades 6–8 · Chino Valley Unified District (4474)
495 students
Del Rio Elementary School
Elementary · Grades 3–5 · Chino Valley Unified District (4474)
477 students
Mingus Springs Charter School
Elementary · Grades K–8 · Mingus Springs Charter School (4493)
145 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.9%

Net yield (after ~40% expenses)3.5%

Annual rent$29,364

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,520

Loan principal$398,726

Down payment$99,681

Total interest paid$508,553

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.26

Monthly cost to own$3,093

Monthly rent$2,447

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 77th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 36th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 86323?: The typical home in 86323 is worth $498,407, based on the Zillow Home Value Index.
Are home values rising in 86323?: Home values in 86323 are up 1.6% over the past year, and up 5.2% a year over five years.
What is the typical rent in 86323?: A typical home in 86323 rents for about $2,447 a month, a gross rental yield of 5.9%.
What is the property tax rate in 86323?: The effective property tax rate in 86323 is 0.4% — roughly $1,880 a year on a typical home.
Who lives in 86323?: ZIP code 86323 has a population of 19,666 and a median household income of $62,603.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

86325 vs 86323 →
Cornville CDP, AZ
Typical home
$521,112
Gross yield
—
86324 vs 86323 →
Clarkdale, AZ
Typical home
$467,658
Gross yield
—
86301
Prescott, AZ
Typical home
$539,424
Gross yield
4.3%
86327
Dewey-Humboldt, AZ
Typical home
$452,454
Gross yield
5.0%
86334
Paulden CDP, AZ
Typical home
$437,802
Gross yield
—
86314
Prescott Valley, AZ
Typical home
$434,379
Gross yield
4.9%

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Pit ZIP 86323 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · AZ86323

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