Payson Housing Market Report March 2025•Utah County, Utah

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Housing Prices in Payson, UT

How much do homes in Payson, UT cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$551,000$208/SqFt
+$11,100
+2.1%

Based on all homes listed in March 2025

Insight

The list price of homes in Payson has increased by 2.1% since February.

Summary: The median home list price in Payson was $551,000 in March 2025, up 2.1% from the previous month, and the median price per square foot was $208.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Payson
+2.1%
Spanish Fork-Payson
-0.9%
Elk Ridge
-7.1%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2025Mar 2025Change MoM
1--
N/A
2$327.4K$330K
+0.8%
3$435K$420.2K
-3.4%
4$580.9K$582K
0.2%
5$862.5K$839.4K
-2.7%

Summary: Payson housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +0.8%. The home price for 3 bedroom homes decreased by -3.4%. The home price for 4 bedroom homes increased by 0.2%. The home price for 5 bedroom homes decreased by -2.7%.

How does Payson, UT compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Payson, UT

Housing supply in Payson, UT

How many homes are available in Payson, UT?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
118Last MonthMar 2025
912 months agoFeb 2025
+29.7 %
Change MoMFeb – Mar

Summary: The Payson real estate market had 118 homes for sale in Mar 2025, a 29.7 % increase compared to Feb 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
269
+50.0%
33338
+15.2%
42433
+37.5%
52838
+35.7%

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 +50.0%. The inventory for 3 bedroom homes increased by +15.2%. The inventory for 4 bedroom homes increased by +37.5%. The inventory for 5 bedroom homes increased by +35.7%.

Days on Market for Payson, UT

How long does it take to sell a home in Payson, UT?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
86 DaysLast MonthMar 2025
82 Days1 month agoFeb 2025
+5.3 %
Change MoMFeb – Mar

Summary: Homes in Payson had an average listing age of 86 days in Mar 2025, up by 5.3% compared to the previous month.

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Newest Listings in Payson, UT

What homes are available in Payson, UT?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from UtahRealEstate, for the period 02/01/2025 - 04/01/2025

IDXBased on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.