#6845081, Raymond Newhouse, Listing Office: Newhouse Realty & Mortgage
Payson Housing Market Report March 2025•Gila County, Arizona
Housing Prices in Payson, AZ
How much do homes in Payson, AZ cost?
Housing Market Conditions
Is Payson, AZ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Payson is a Buyer's Market
Difference Since March 2024
Since last year, Payson has remained a Buyer's Market.
Payson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Payson have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Payson was $485,000 in March 2025, up 0.7% from last year, and the median price per square foot was $298.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Star Valley | $750K | $930.4K | +24.1% |
Payson | $481.6K | $485K | +0.7% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $298K | $250K | -16.1% |
22 Bedrooms | $350K | $375K | +7.1% |
33 Bedrooms | $498.9K | $495K | -0.8% |
44 Bedrooms | $715K | $850K | +18.9% |
55+ Bedrooms | $900K | $1.3M | +50.1% |
Summary: Payson housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -16.1%. The home price for 2 bedroom homes increased by +7.1%. The home price for 3 bedroom homes decreased by -0.8%. The home price for 4 bedroom homes increased by +18.9%. The home price for 5 bedroom homes increased by +50.1%.
How does Payson, AZ compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Payson, AZ
Housing supply in Payson, AZ
How many homes are available in Payson, AZ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
209Last MonthMar 2025 | ||
1712 months agoFeb 2025 | +22.2 % Change MoMFeb – Mar |
Summary: The Payson real estate market had 209 homes for sale in Mar 2025, a 22.2 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
14Last MonthMar 2025 | ||
172 months agoFeb 2025 | -17.6 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 4 | 0.0% |
22 Bedrooms | 30 | 42 | +40.0% |
33 Bedrooms | 94 | 112 | +19.1% |
44 Bedrooms | 36 | 39 | +8.3% |
55+ Bedrooms | 7 | 12 | +71.4% |
Summary: Payson housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +40.0%. The inventory for 3 bedroom homes increased by +19.1%. The inventory for 4 bedroom homes increased by +8.3%. The inventory for 5 bedroom homes increased by +71.4%.
Asking Price vs. Sold Price
How much do homes in Payson, AZ cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price10 Homes
If you're buying a home in Payson, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Payson in March 2025, down by 17.6% month-over-month. Of the 14 sold homes, 71% were sold under asking, 21% were sold at asking, and and 7% were sold over asking.
Days on Market for Payson, AZ
How long does it take to sell a home in Payson, AZ?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days3 Homes
Over 90 Days7 Homes
Most homes in Payson are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2025, 14 homes were sold in Payson; 29% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
116 DaysThis YearMar 2025 | ||
86 Days1 year agoMar 2024 | +34.0 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Payson had an average listing age of 116 days in Mar 2025, up by 34.0% compared to the previous year.
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Newest Listings in Payson, AZ
What homes are available in Payson, AZ?
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Nearby markets aren't available for Payson, AZ
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MLS Disclaimers and Copyright
Based on information from Arizona Regional MLS, California Regional MLS, Prescott Area MLS, and Northern Arizona Multiple Listing Service for the period 04/01/2023 - 04/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 2:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 2:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.