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Home values, rents and more in Prescott, MI

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$112,000
Michigan: $264,000 · U.S.: $366,000
Home values, past year
+3.3%
Michigan: +3.8% · U.S.: +1.2%
Population
270
ACS 2020–24
Median household income
$57,885
Michigan: $72,875 · U.S.: $80,734
ZIP codes around Prescott, MI, shaded by typical home valuePrescott
  • Under $0k
  • No data
ZIP codes around Prescott, MI, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Prescott is outlined.

How Prescott compares

The typical home in Prescott, MI is worth about $112,000, according to the Zillow Home Value Index for September 2026. Home values in Prescott are 58% below the typical value in Michigan ($264,000) and 69% below the U.S. typical value ($366,000).

Over the past year, home values in Prescott rose 3.3%, compared with +3.8% in Michigan and +1.2% nationally.

The median household income is $57,885, against $72,875 in Michigan and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 270 people live in Prescott (American Community Survey 2020–24).

Prescott has the 12th-lowest typical home value of the 686 cities in Michigan with Zillow figures.

Part of: Ogemaw County, MI · Michigan

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Prescott, MI

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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