Payson, AZ Home Values & Market Trends
Real estate market trends reflect that there have been 770 transactions over the past year in Payson. The median value for residential home transactions that occurred over the previous year is $490,000. The number of current listings in Payson is 805, and the percentage of properties for sale in the city is 805.00%. Payson, AZ currently has 25 properties in foreclosure, 12 bank owned properties, 13 properties headed for auction, and 805 properties for sale.
Payson, AZ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 85541 | $ 490,000 $ 280/sqft |
Housing Market Summary for Payson, AZ
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $474K | $490K | 3.38% |
| Median Sold Price | $466.5K | $442.4K | -5.15% |
| Homes For Sale | 591 | 806 | 36.38% |
| Homes Sold | 257 | 305 | 18.68% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Payson, AZ
Browse Homes in Payson, AZ
Payson home values range from $125,000 to $4,370,000. The median estimated value of a home in Payson is $490,000. The median list price of a home is 489,900, and the total count of properties in the city is 1,157.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Payson, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Payson, AZ; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Payson, AZ ranges from the highest value of $599,000 in 85541 to the lowest value of $304,856 in 85541. Bank owned homes and properties account for 1.04% of properties in Payson, AZ. There is 1 zips within Payson, AZ; 85541 containing 12 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions85541 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Payson, AZ. Auction homes and other auction properties account for 1.12% of all properties in Payson, AZ. There is 1 zips within Payson, AZ; of that zips, the median estimated home value for homes going to auction ranges from $1,331,344 in 85541 to the lowest value of $168,219 in 85541.
Compare Nearby Cities
More Real Estate Resources for Payson, AZ
Guide for Payson, AZ
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
