Payson, UT Housing Market & Real Estate

Balanced market-18.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Payson, UT is $390,000, down 18.8% year-over-year. Homes sell in an average of 76 days with 74 active listings. The market is currently a balanced market.

$390,000median sale price

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

Balanced market3.9 months of supply76 avg. days on market

Payson, UT is currently a balanced market, based on 3.9 months of supply and homes selling in about 76 days. How we determine this →

Homes sold

19

Last 12 weeks

Days on market

76

Average pace

Active listings

74

3.9 months supply

Sale-to-list

100.0%

Below asking

Payson, UT market data

Current housing market statistics for Payson, UT
MetricValue
Median sale price$390,000
Median list price$408,625
Year-over-year price change-18.8%
Average days on market76 days
Active inventory74 listings
Months of supply3.9 months
Sale-to-list price ratio100.0%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Payson housing market is currently classified as a balanced market with a median sale price of $390,000. Prices have fallen 18.8% compared to last year, with homes spending an average of 76 days on market, indicating 3.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Payson

There are currently 74 homes listed for sale in Payson, Utah. The median listing price is $409K.

Active listings

74

Homes on market

Median list price

$409K

Avg. days on market

76

Days until sale

New this week

35

Newly listed

Price drops:23.0%of listings
Sale-to-list:100.0%

Top public schools in Payson

8 schools tracked · 6,037 students

The largest public schools serving Payson, UT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Payson High

Grades 6-12 · 1,601 students

Public

Payson Jr High

Grades 7-9 · 1,111 students

Public

Mt. Nebo Middle

Grades 6-7 · 1,104 students

Public

Spring Lake School

Grades PK-6 · 567 students

Public

Barnett School

Grades PK-6 · 511 students

Public

Taylor School

Grades PK-6 · 419 students

Public

Wilson School

Grades PK-6 · 367 students

Public

Park View School

Grades PK-6 · 357 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in UT

Frequently asked questions

What is the average home price in Payson?

The median home sale price in Payson is $390,000, down 18.8% from last year.

How long do homes stay on market in Payson?

Homes typically spend 76 days on market before going under contract.

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

With 3.9 months of supply, Payson is currently a balanced market.

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