Housing in Payson, UT

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$448,500

Median List Price

$487,000

Price Per Sq Ft

$237

Days on Market

56

Active Inventory

65

Months of Supply

5.4

Balanced market

Zillow Home Value

$462,491

ZHVI — January 2026

Zillow Rent Index

$1,491

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 4.1%List Price 5.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.7%

Off Market in 2 Weeks

12.0%

Sale-to-List Ratio

98.7%

Buyer's market

Sold Above Asking
16.7%
Under Contract in 2 Wks
12.0%
Listings with Price Drops
43.1%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

26

Pending Sales

25

Homes Sold 45.5%New Listings 25.7%Pending 19.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$237

Median List $/SF

$203

Sale $/SF 8.7%List $/SF 12.9%Mar 24Jan 26

Payson vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 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

$388,200

Median Rent

$1,393

Total Housing Units

6,941

Vacancy Rate

3.9%

Owner Occupied

82.2%

Renter Occupied

17.8%

Median Property Tax

$1,866

per year

Monthly Cost (w/ Mortgage)

$1,428

Housing Types

Single Family
84.1%
Multi-Family
12.3%
Mobile Home
3.6%

The current median sale price in Payson, UT is $448,500 according to Redfin data. Homes spend a median of 56 days on the market. 16.7% of homes sold above asking price. The market has 5.4 months of supply. The median price per square foot is $237. Zillow's observed rent index is $1,491/month. About 82.2% of housing units are owner-occupied. The median year homes were built is 1994. There are 6,941 total housing units.