Payson Housing Market Report May 2025•Utah County, Utah

Housing Prices in Payson, UT

How much do homes in Payson, UT cost?

Median List Price

$560,450$208/SqFt

+$10,550

+1.9%

Based on all homes listed in May 2025

Insight

The list price of homes in Payson has increased by 1.9% since April.

Summary: The median home list price in Payson was $560,450 in May 2025, up 1.9% from the previous month, and the median price per square foot was $208.

Median List Price By Cities

City	Apr 2025	May 2025	Change MoM
Payson	$549.9K	$560.4K	+1.9%
Elk Ridge	$820K	$820K	0.0%
Spanish Fork-Payson	$598.8K	$596.8K	-0.3%

Median List Price By Bedrooms

Beds	Apr 2025	May 2025	Change MoM
11 Bedroom	-	-	N/A
22 Bedrooms	$380K	$360K	-5.3%
33 Bedrooms	$430K	$419.3K	-2.5%
44 Bedrooms	$590K	$615K	+4.2%
55+ Bedrooms	$820K	$738.4K	-9.9%

Summary: Payson housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -5.3%. The home price for 3 bedroom homes decreased by -2.5%. The home price for 4 bedroom homes increased by +4.2%. The home price for 5 bedroom homes decreased by -9.9%.

How does Payson, UT compare with other places?

Market comparison tool

What would you like to compare?

Home Type

Bedrooms

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

Last Month	2 months ago	Change MoM
142Last MonthMay 2025
992 months agoApr 2025	+43.4 % Change MoMApr – May

Summary: The Payson real estate market had 142 homes for sale in May 2025, a 43.4 % increase compared to Apr 2025.

Homes For Sale By Bedroom Count

Beds	Apr 2025	May 2025	Change MoM
11 Bedroom	0	0	0.0%
22 Bedrooms	7	13	+85.7%
33 Bedrooms	34	44	+29.4%
44 Bedrooms	19	29	+52.6%
55+ Bedrooms	39	56	+43.6%

Summary: Payson housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +85.7%. The inventory for 3 bedroom homes increased by +29.4%. The inventory for 4 bedroom homes increased by +52.6%. The inventory for 5 bedroom homes increased by +43.6%.

Days on Market for Payson, UT

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

Average Listing Age

Last Month	1 month ago	Change MoM
76 DaysLast MonthMay 2025
73 Days1 month agoApr 2025	+5.3 % Change MoMApr – May

Summary: Homes in Payson had an average listing age of 76 days in May 2025, up by 5.3% compared to the previous month.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Payson, UT

What homes are available in Payson, UT?

See More Listings

2 days on Rocket

$7,361 Closing Credit¹

$619,900

6 beds • 3.5 baths • 2,708 sqft

1272 E 1470 N, Payson, UT 84651

#2094024, Adrienne Hardy, Listing office: KW WESTFIELD

3 days on Rocket

$13,837,500

Land • 56.59 Acres

Salem, UT 84653

#2093885, Dave Scoville, Listing office: Arive Realty

3 days on Rocket

$6,769 Closing Credit¹

$570,000

6 beds • 3 baths • 2,829 sqft

442 N Cowan Cir E, Payson, UT 84651

#2093666, Joseph Gordon, Listing office: Gordon Real Estate Group LLC.

4 days on Rocket

$3,978 Closing Credit¹

$335,000

3 beds • 2.5 baths • 1,341 sqft

1489 S Silver Maple Ct, Payson, UT 84651

#2093570, D. Justin Burrup, Listing office: Realtypath LLC (Premier)

5 days on Rocket

$6,828 Closing Credit¹

$575,000

5 beds • 3.5 baths • 3,008 sqft

1562 S 910 W, Payson, UT 84651

#2093281, Jennifer Yorgesen, Listing office: KW WESTFIELD

5 days on Rocket

$7,600 Closing Credit¹

$640,000

3 beds • 3 baths • 3,334 sqft

1338 S 1150 W, Payson, UT 84651

#2093276, Campbell Wright, Listing office: THE BROKER

$6,282 Closing Credit¹

$529,000

6 beds • 2 baths • 2,080 sqft

686 Tomahawk Dr, Payson, UT 84651

#2092315, Lucas Ballard, Listing office: Equity Real Estate (Prosper Group)

$7,422 Closing Credit¹

$625,000

4 beds • 3 baths • 3,966 sqft

1166 S 590 E, Payson, UT 84651

#2092240, Jessica Johnson, Listing office: Better Homes and Gardens Real Estate Momentum (Lehi)

$7,184 Closing Credit¹

$605,000

5 beds • 2 baths • 2,832 sqft

1226 N Horizon View Loop, Elk Ridge, UT 84651

#2092130, Lacee Smith, Listing office: Unity Group Real Estate LLC

$7,897 Closing Credit¹

$665,000

4 beds • 2.5 baths • 2,801 sqft

1324 E 320 S, Payson, UT 84651

#2092003, Hilary A Davis, Listing office: Hilary Davis Real Estate, LLC.

$344,990

Land • 0.46 Acres

554 E Salem Hills Dr Unit 2, Elk Ridge, UT 84651

#2091882, Steven V Porretta, Listing office: Berkshire Hathaway HomeServices Utah Properties (Salt Lake)

$4,869 Closing Credit¹

$409,999

3 beds • 1 bath • 1,686 sqft

395 N 600 W, Payson, UT 84651

#2091858, Tyson Whiting, Listing office: Whiting & Company Real Estate Advisors

Nearby markets

MLS Disclaimers and Copyright

Based on information from UtahRealEstate, for the period 04/01/2025 - 06/01/2025

Based 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: 6/24/2025, 5:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.