Payson, AZ Housing Market & Real Estate

Buyer's market+11.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Payson, AZ is $530,000, up 11.6% year-over-year. Homes sell in an average of 150 days with 130 active listings. The market is currently a buyer's market.

$530,000median sale price

Is Payson a buyer's or seller's market?

Buyer's market7.6 months of supply150 avg. days on market

Payson, AZ is currently a buyer's market, based on 7.6 months of supply and homes selling in about 150 days. How we determine this →

Homes sold

17

Last 12 weeks

Days on market

150

Average pace

Active listings

130

7.6 months supply

Sale-to-list

96.8%

Below asking

Payson, AZ market data

Current housing market statistics for Payson, AZ
MetricValue
Median sale price$530,000
Median list price$607,450
Year-over-year price change+11.6%
Average days on market150 days
Active inventory130 listings
Months of supply7.6 months
Sale-to-list price ratio96.8%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Payson housing market is currently classified as a buyer's market with a median sale price of $530,000. Prices have risen 11.6% compared to last year, with homes spending an average of 150 days on market, indicating 7.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Payson

There are currently 130 homes listed for sale in Payson, Arizona. The median listing price is $607K.

Active listings

130

Homes on market

Median list price

$607K

Avg. days on market

150

Days until sale

New this week

36

Newly listed

Price drops:18.5%of listings
Sale-to-list:96.8%

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Frequently asked questions

What is the average home price in Payson?

The median home sale price in Payson is $530,000, up 11.6% from last year.

How long do homes stay on market in Payson?

Homes typically spend 150 days on market before going under contract.

Is Payson a buyer's or seller's market?

With 7.6 months of supply, Payson is currently a buyer's market.

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