Prescott Valley is a town located in Yavapai County, Arizona, United States, about 8 miles east of Prescott, which it has surpassed in growth. Prescott Valley was the seventh fastest-growing place among all cities and towns in Arizona between 1990 and 2000, with a current population in 2018 of about 45,751 residents.
Prescott Valley is located within 10 minutes of the Prescott National Forest, with lakes, fishing, hiking and camping. The Entertainment District is located downtown and offers a variety of restaurants, a 6,000-seat events center, a multi-screen movie theater, and retail shops. There are 27 parks. Fain Park preserves remnants of early 20th century gold mining along Lynx Creek. The Northern Arizona Suns, a minor league basketball team in the NBA G League, plays out of the Findlay Toyota Center. In April 2016, the National Basketball Association's Phoenix Suns purchased their affiliated NBA D-League team, the Bakersfield Jam, and relocated the team to Prescott Valley beginning with the 2016–17 season.
The housing market is a strong seller's market in 2019. The average list price in Prescott Valley is up 7.24% from last year (2018). Currently the average list price is $306,445 with a median day on market of 20 days.