Housing in Payson, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$41,500
Median List Price
$120,000
Price Per Sq Ft
$25
Days on Market
34
Active Inventory
4
Months of Supply
2.0
Seller's market
Zillow Home Value
$154,390
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
65.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
1
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$25
Median List $/SF
$74
Payson vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Payson is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$118,000
Median Rent
$967
Total Housing Units
409
Vacancy Rate
9.1%
Owner Occupied
84.1%
Renter Occupied
15.9%
Median Property Tax
$2,172
per year
Monthly Cost (w/ Mortgage)
$824
Housing Types
The current median sale price in Payson, IL is $41,500 according to Redfin data. Homes spend a median of 34 days on the market. 0.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $25. The median rent is $967 per month (Census ACS). About 84.1% of housing units are owner-occupied. The median year homes were built is 1973. There are 409 total housing units.