Payson, UT Home Values & Market Trends
Real estate market trends reflect that there have been 336 transactions over the past year in Payson. The median value for residential home transactions that occurred over the previous year is $501,327.24. The number of current listings in Payson is 23, and the percentage of properties for sale in the city is 23.00%. Payson, UT currently has 12 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 23 properties for sale.
Payson, UT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 84651 | $ 615,030 $ 392/sqft |
Housing Market Summary for Payson, UT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $524.9K | $491.6K | -6.34% |
| Median Sold Price | $460K | $491.6K | 6.88% |
| Homes For Sale | 21 | 22 | 4.76% |
| Homes Sold | 231 | 250 | 8.23% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Payson, UT
Browse Homes in Payson, UT
Payson home values range from $94,468 to $28,347,493. The median estimated value of a home in Payson is $501,327.24. The median list price of a home is 699,500, and the total count of properties in the city is 7,785.
- Pre-ForeclosurePre-foreclosure homes account for 0.13% of all residential properties in Payson, UT with 84651 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Payson, UT; of that zips, the estimated home value for pre-foreclosure homes ranges from $746,954 in 84651 to the lowest home value of $276,090 in 84651.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Payson, UT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Payson, UT. There is 1 zips within Payson, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions84651 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Payson, UT. Auction homes and other auction properties account for 0.03% of all properties in Payson, UT. There is 1 zips within Payson, UT; of that zips, the median estimated home value for homes going to auction ranges from $606,959 in 84651 to the lowest value of $393,976 in 84651.
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Guide for Payson, UT
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Information on foreclosure financing, refinancing, and foreclosure mortgages.
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