Housing Prices in Payson, UT
How much do homes in Payson, UT cost?
Median List Price
$574,900
$230/sqft
Based on all homes listed in March 2024.
Difference Since Last Month
Summary: The median home list price in Payson was $574,900 in March 2024, down 7.9% from the previous month, and the median price per square foot was $230.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $564.9K | $525K | -7.1% |
3 Bedrooms | $419.9K | $367.5K | -12.5% |
4 Bedrooms | $699.9K | $562K | -19.7% |
5+ Bedrooms | $685K | $720K | +5.1% |
Summary: Payson housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes increased by 5.1%.
Median List Price Compared To Nearby Cities
Elk Ridge | $699.9K | $697.2K | -0.4% |
Salem | $770K | $715K | -7.1% |
Payson | $624.3K | $574.9K | -7.9% |
Spanish Fork-Payson | $609.9K | $549.9K | -9.8% |
Housing Supply in Payson, UT
How many homes are available in Payson, UT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 107 | +64.6% |
Summary: The Payson real estate market had 107 homes for sale in March 2024, a 64.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 19 | 34 | +78.9% |
4 Bedrooms | 11 | 18 | +63.6% |
5+ Bedrooms | 34 | 52 | +52.9% |
Summary: The Payson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 78.9%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes increased by 52.9%.
Days on Market for Payson, UT
How long does it take to sell a home in Payson, UT?
Average Listing Age
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
110 Days | 90 Days | -17.9% |
Summary: Homes in Payson had an average listing age of 90 days in Mar 2024, down by 17.9% compared to the previous month.