Name: Payson Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Payson, Utah in 2026?

Accepted Answer

As of July 2026, the median home price in Payson, Utah is $467,000, which is 11.1% below the Utah state median of $525,000. Home prices in Payson range from $255,000 to $4,500,000, with an average sale price of $498,065. These figures are based on recent closed transactions in the Payson real estate market.

Question 2

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

Accepted Answer

Payson, Utah is currently a balanced market. Key indicators include an average sale-to-list price ratio of 99.8% and homes spending an average of 66 days on the market. Payson’s median home price is roughly 11 % lower than the Utah median, with slightly longer days on market but a comparable sale‑to‑list ratio.

Question 3

How long do homes stay on the market in Payson?

Accepted Answer

Homes in Payson, Utah spend an average of 66 days on the market before going under contract compared to the Utah state average of 61 days (7.9% above average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Payson, Utah?

Accepted Answer

As of July 2026, there are 99 active homes for sale in Payson, Utah with 143 new listings added recently. In the most recent reporting period, 70 transactions closed in Payson. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

Are there new construction homes for sale in Payson, Utah?

Accepted Answer

Yes — Payson currently has 143 new listings recently added to the market, with prices starting from $255,000. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Payson is $467,000.

Question 6

How does Payson compare to the Utah state average?

Accepted Answer

Payson home prices are 11.1% below the Utah state median of $525,000, with a local median of $467,000. Homes sell slower than the state average — 66 days in Payson vs 61 days statewide (7.9% above average). The sale-to-list ratio is 99.8% locally vs 99.0% statewide.

Question 7

Are homes in Payson more expensive than the Utah average?

Accepted Answer

No, homes in Payson are more affordable than the Utah state average. The median home price in Payson is $467,000, compared to the statewide median of $525,000 — a difference of $58,000 (-11.1%). This makes Payson an attractive option for buyers seeking value in Utah.

Question 8

Do homes sell faster in Payson than the rest of Utah?

Accepted Answer

No, homes in Payson take longer to sell than the Utah average. The average days on market in Payson is 66 days, compared to 61 days statewide (7.9% above average). Buyers in Payson have more time to evaluate listings and negotiate, which can work in their favor. The overall market temperature is considered balanced.

Question 9

How have home prices changed in Payson over the past year?

Accepted Answer

Home prices in Payson, Utah have increased by 25.3% over the past year. The median sale price went from $415,000 to $520,000. This strong appreciation reflects growing demand in the area. Check the Payson market trends section above for detailed charts.

Question 10

Is the Payson housing market heating up or cooling down?

Accepted Answer

The Payson housing market is currently showing mixed signals, with prices up 25.3% year-over-year and days on market increasing by 32.5%. The market temperature is rated "balanced" based on current conditions. Payson’s median home price is roughly 11 % lower than the Utah median, with slightly longer days on market but a comparable sale‑to‑list ratio. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Payson home prices this time last year?

Accepted Answer

In July 2025, the median home sale price in Payson, Utah was $415,000. Today, the median is $520,000, representing a change of +25.3% ($105,000 increase). During that same period, the average days on market went from 56 to 74 days.

Question 12

What is the current market outlook for Payson, Utah?

Accepted Answer

Payson’s housing market remains attractive for buyers seeking value, with a median price $467 k—about $58 k less than the Utah average. Prices have surged 15.6 % month‑over‑month, reflecting strong demand, while the sale‑to‑list ratio of 99.8 % shows sellers are still achieving near‑list prices. However, homes linger a bit longer, averaging 66 days on market versus the state’s 61 days, suggesting buyers are weighing options amid rising financing costs.

Economically, mortgage rates have been on an upward trajectory, climbing from 6.11 % in January to 6.46 % in July, which modestly raises monthly payments and could temper price momentum. Unemployment remains stable (U.S. ~4.2‑4.4 %, Utah steady at 3.6 %), and consumer sentiment is flat, providing a neutral macro backdrop. Combined with the recent news of statewide rate hikes, the market temperature in Payson is best described as balanced—demand is solid but higher borrowing costs and slightly longer listing times keep the market from becoming hot. The market temperature is rated "balanced." Payson’s median home price is roughly 11 % lower than the Utah median, with slightly longer days on market but a comparable sale‑to‑list ratio.

Question 13

What are the key highlights of the Payson housing market?

Accepted Answer

Key highlights of the Payson, Utah housing market include: Median price $467 k, 11.1 % below the state median, yet up 15.6 % month‑over‑month.. Days on market 66 days, about 8 % higher than the state average, indicating modest buyer caution.. Mortgage rates have risen from 6.11 % (Jan) to 6.46 % (Jul), adding roughly $100 to a $400 k loan’s monthly payment.. Inventory is moderate: 55 single‑family homes active and 44 townhomes/condos, with 70 closed transactions in the last three months.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Payson, Utah?

Accepted Answer

Homes in Payson, Utah range from $255,000 to $4,500,000, with a median price of $467,000. The standard deviation is $548,761, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

How do Payson schools compare to the state average?

Accepted Answer

Of the 8 schools in Payson, 0 (0%) are rated as high-performing and 0 have strong academics indicators. Families should research individual school ratings on our Payson schools page for detailed performance breakdowns.

Question 16

What is the internet quality in Payson, Utah?

Accepted Answer

Payson has an average broadband download speed of 7889 Mbps and 76% of homes have access to fiber internet. Top internet providers include Utah Telecommunication Open Infrastructure Agency, Xfinity, Verizon. This is above average for Utah, supporting remote work and streaming. Residents have an average of 11.4 provider options.

Question 17

Are single-family homes or condos a better investment in Payson?

Accepted Answer

In Payson, single-family homes have a median price of $528,000 (-0.4% YoY), while townhomes/condos are $366,500 (+6.1% YoY). SFRs sell in 44 days vs 45 days for condos. Condos offer a lower entry point with competitive returns. Both property types are available with AI-powered search on Propaired.

Question 18

What is the price per square foot in Payson?

Accepted Answer

The median price per square foot in Payson, Utah is $211. The average home size is 2,340 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 19

Is now a good time to buy a home in Payson, Utah?

Accepted Answer

The 30-year mortgage rate is currently 6.46% and Utah's unemployment rate is 3.6%, with Payson's market rated as "balanced." Prices are rising at 25.3% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 20

When is the best time to buy a home in Payson?

Accepted Answer

Historically, August offers the most new listings in Payson, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Question 21

Is Payson a safe place to live?

Accepted Answer

Payson has a safety rating of 6.6 out of 10 (10 = safest) based on 2024 BCI NIBRS data. The overall crime rate is 30.5 per 1,000 residents, which is 34% below the statewide average, making it relatively safe with low crime. The violent crime rate is 5.7 per 1,000 residents and the property crime rate is 13.8 per 1,000 residents. (Population: 25,051)

Question 22

What is the crime rate in Payson?

Accepted Answer

In 2024, Payson's total NIBRS crime rate was 30.5 offenses per 1,000 residents. This includes crimes against persons (5.7 per 1K), property crimes (13.8 per 1K), and crimes against society. For comparison, the statewide average is approximately 46.4 per 1,000 residents. Source: Bureau of Criminal Identification NIBRS report.

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

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