Photo: Richard N Horne · CC BY-SA 4.0375 homes sold in Payson in the last year, at a typical $475K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Payson homes are listed.
Every place Payson homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Payson.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
5% of Payson’s sales are condos, at $186K less than a house
356 houses and 17 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 356 sold in 12 months
- Per square foot
- $293AZ $251
- Days to sell
- 75
- Sold over asking
- 11%
- Listings with a price cut
- 28%
typical sale · 17 sold in 12 months
- Per square foot
- $234AZ $279
- Days to sell
- 123
- Sold over asking
- 6%
- Listings with a price cut
- 25%
Multi-family (2–4 units): 2 sold, typical $410K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
375 sales in the last year, against 534 in 2020 and a low of 316 in 2012. The typical sale went from $241K in 2016 to $475K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Payson
Check a listing against what Payson homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Payson are back to pre-pandemic levels, with about as many homes for sale
We read every month of Payson’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 375 sales.
If you’re buying in Payson
- Shop in August. It brings about 49 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
- Offer under asking. Buyers paid 96.9% of the list price on average; 11% paid over.
- You’ll usually have time. Only 21% of homes go under contract within two weeks; the typical one takes 76 days.
Spring brings both the most homes and the most bidding wars
April has the most new listings (about 58 a month), but May is the most competitive: 14% of May sales close over asking. August offers nearly as much choice with fewer homes bid up (10%). November has the least competition (8%) but only about 28 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Arizona as a whole
| Payson now | 2017–19 | 2021 peak | AZ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 11% | 6% | 23% | 13% |
| Gone within two weeksShare of homes under contract within 14 days | 21% | 1% | 16% | 22% |
| Listings with a price cutShare of homes for sale that cut their price | 27% | — | 9% | 29% |
| Price paid vs. askingAverage sale price ÷ list price | 96.9% | 96.7% | 98.7% | 97.8% |
| Days to sellMedian days from listing to contract | 76 | 93 | 47 | 67 |
165 homes for sale on a typical day
That’s 1.8 times the 2021 low (90), 10% fewer than in 2017–19 and well under 2015’s 210.
1 in 4 listings has cut its price
27% in the last year, against — in 2017–19 and 29% across Arizona.
Since 2019, houses are up 62%, condos 60%
A house typically sold for $487K in the last year (356 sales), a condo for $301K (17).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Payson ranks 57th of 97 busy Arizona markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Payson is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Payson home costs about $2,663 a month
Price: Payson’s typical sale, last 12 months. Property tax at Payson’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Payson is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 19.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $475K home, about $2,220 a year.
Taxes vs. neighborsSchools
The schools grade for Payson, from test results, graduation and how much students grow.
Schools in PaysonCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Payson, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Payson | 375 | $475K | $289 | 11% | 76 |
| Pine | 127 | $498K | $357 | 6% | 91 |
| Strawberry | 47 | $479K | $321 | 2% | 83 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Payson, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Payson. People who follow the town see it, and so do people comparing Payson with their own town. No commission, no listing fee.
Questions about buying a home in Payson
What do homes sell for in Payson, AZ?
375 homes sold in the year to May 2026 at a typical $475K, $289 a square foot. Houses sold for about $487K, condos for about $301K.
Is Payson a buyer’s or seller’s market?
A balanced market: 205 homes were for sale in May 2026 and 39 sold, about 5.3 months of supply. Buyers paid 96.9% of asking on average, and 27% of listings cut their price.
When is the best time to buy in Payson?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Payson?
About 0.5% of a home’s value a year. On a $475K home that’s near $2,220.
Where can I see homes for sale in Payson?
Zillow, Redfin, Realtor.com and Homes.com all carry Payson’s MLS listings; the search links above open each one filtered to Payson.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).