Photo: National Scenic Byways Online · Public domain256 homes sold in Payson in the last year, at a typical $462K
About one sale in 3 is a condo. 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.
6% of Payson’s sales are condos, at $251K less than a house
178 houses and 16 condos sold in the year to May 2026. Houses sell faster. Condos draw more bidding wars.
typical sale · 178 sold in 12 months
- Per square foot
- $203UT $247
- Days to sell
- 58
- Sold over asking
- 23%
- Listings with a price cut
- 33%
typical sale · 16 sold in 12 months
- Per square foot
- $221UT $403
- Days to sell
- 85
- Sold over asking
- 31%
- Listings with a price cut
- 27%
Townhouses: 62 sold, typical $369K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.2 times the 2016 price
256 sales in the last year, against 421 in 2020 and a low of 211 in 2023. The typical sale went from $214K in 2016 to $462K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K 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 rarer than before the pandemic, and more homes are 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, 256 sales.
If you’re buying in Payson
- Shop in August. It brings about 36 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- You can negotiate. 35% of listings have cut their price, against 27% before the pandemic.
- Bid near asking. Buyers paid 99.1% of the list price on average; 27% paid over.
- You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 55 days.
Summer brings both the most homes and the most bidding wars
August has the most new listings (about 36 a month), but June is the most competitive: 43% of June sales close over asking. January has the least competition (34%) but only about 21 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Utah
| Payson now | 2017–19 | 2021 peak | UT now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 27% | 36% | 65% | 21% |
| Gone within two weeksShare of homes under contract within 14 days | 22% | 45% | 69% | 27% |
| Listings with a price cutShare of homes for sale that cut their price | 35% | 27% | 25% | 29% |
| Price paid vs. askingAverage sale price ÷ list price | 99.1% | 99.8% | 102.3% | 98.6% |
| Days to sellMedian days from listing to contract | 55 | 28 | 10 | 54 |
82 homes for sale on a typical day
That’s 3 times the 2021 low (27), 48% more than in 2017–19 and well under 2013’s 123.
1 in 3 listings has cut its price
35% in the last year, against 27% in 2017–19 and 29% across Utah. More sellers are pricing high and coming down.
Since 2019, houses are up 67%, condos 41%
A house typically sold for $517K in the last year (178 sales), a condo for $266K (16).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Payson ranks 18th of 94 busy Utah markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Payson is one of the state’s hottest markets.
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 $2,591 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 August
The month with the most choice. December has the fewest, about 15.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $462K home, about $2,170 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.
Elk Ridge, Salem and Santaquin sell 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 | |
|---|---|---|---|---|---|
| Spanish Fork | 555 | $475K | $214 | 26% | 56 |
| Salem | 377 | $494K | $201 | 18% | 45 |
| Santaquin | 280 | $477K | $188 | 24% | 53 |
| Payson | 256 | $462K | $207 | 27% | 55 |
| Mapleton | 207 | $652K | $213 | 16% | 84 |
| Elk Ridge | 64 | $718K | $193 | 17% | 103 |
| Woodland Hills | 23 | $1.1M | $244 | 9% | 100 |
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, UT?
256 homes sold in the year to May 2026 at a typical $462K, $207 a square foot. Houses sold for about $517K, condos for about $266K.
Is Payson a buyer’s or seller’s market?
A balanced market: 92 homes were for sale in May 2026 and 22 sold, about 4.2 months of supply. Buyers paid 99.1% of asking on average, and 35% of listings cut their price.
When is the best time to buy in Payson?
August 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 $462K home that’s near $2,170.
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).