Metro area in Arizona
Prescott Valley-Prescott, AZ
The Prescott Valley-Prescott metro area authorized 1,718 new housing units in 2025. Duplexes, triplexes and fourplexes supplied 5.1% of its units in 2021–2025, the highest share among the 7 metro areas based in Arizona. The housing bust cut annual permits by 93%, from 4,439 at the 2004–2006 high to 302 in 2011, the third-deepest drop among the 39 metro areas based in the Mountain states.
Single-family2–4 units5+ units
Relative to population
With 252,552 residents in July 2025, Prescott Valley authorized 8.2 units per 1,000 residents a year in 2021–2025, 1.8 times the national 4.7. The metro areas with the nearest rates are Reno (8.5) and Missoula (8.2).
Boom, bust and since
Prescott Valley authorized the most units in 2005 (4,439); 2025 reached 39% of that. Its peak year is shared by 105 other metro areas, among them Santa Cruz, Hilton Head Island, Champaign. The 2021–2025 pace of 2,040 units a year is 46% below the 2004–2006 pace. Permits rose 8 years in a row up to 2019. From 2024 to 2025 the count fell 17%.
Houses or apartments
In Prescott Valley, 79% of the units authorized in 2021–2025 were single-family houses and 16% were in buildings of five or more units, against 34% nationally. The closest match in building mix among the 386 other metro areas is St. George (16% in five-plus buildings). That share has risen sharply since 2004–2006, when it stood at 2.5%. Units in five-plus buildings peaked in 2019 (516), single-family houses in 2005 (4,329).
Busiest permit offices
Across the metro area, 9 permit offices authorized new housing in 2021–2025. The busiest was Prescott Valley town, with 3,164 units or 31% of the total, followed by Yavapai County (unincorporated) with 2,665. Among the three largest, Prescott put 25% of its units in five-plus buildings, Yavapai County (unincorporated) 0%.
Share of the units authorized in the metro area, 2021–2025.
Similar in size
| Metro area | 2004–2025 | 2025 units | Per 1,000 a year | 5+ share |
|---|---|---|---|---|
| Yakima, WA | 713 | 2.9 | 18% | |
| Santa Cruz-Watsonville, CA | 470 | 1.9 | 46% | |
| Prescott Valley-Prescott, AZ | 1,718 | 8.2 | 16% | |
| Tyler, TX | 543 | 3.0 | 3.9% | |
| Appleton, WI | 1,264 | 4.0 | 36% |
Rates and shares: 2021–2025.
Every yearly figure behind the chart, split by building size: yearly-units.csv. State view: Arizona. Counting rules.