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Payson, Utah

Homes Under $500,000 in Payson, Utah

There are 59 Payson homes for sale at or under $500,000, with a median asking price of $390,000. Over the last 12 months, 183 sold in this range at a median of $387,000.

Townhomes make up about half, at Arrowhead Ranch, Villages at Arrowhead Park and Springside Meadows.

59 matching · page 2 of 3

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Utah MLS data · updated Nov 7, 2026

Payson homes under $500K by the numbers

Today's listings plus closed sales recorded in the MLS, each home counted once. Medians, not averages, so one outlier can't skew them.

For sale now
59
median ask $390,000
Median sale, last 12 mo
$387,000
183 sold · +0.1% vs prior year
Price per sq ft
$215
median of closed sales · typical 1,832 sq ft
HOA dues
$129/mo
median · 68% of listings have dues

Over the last 12 months, 183 homes under $500K sold in Payson, taking a median of 42 days to go under contract and closing at 100% of the final list price.

What's for sale

Today's 59 listings by type.

  • Townhomes 33 (56%)
  • Single-family homes 19 (32%)
  • Twin homes 5 (8%)
  • Condos 1 (2%)
  • Other 1 (2%)

By budget

How today's asking prices spread out.

  • Under $400K 38
  • $400K–$600K 21
  • $600K–$800K 0
  • $800K–$1.2M 0
  • $1.2M and up 0

Homes under $500K by neighborhood

Closed sales over the last 24 months, plus what's listed today. Click a name for that neighborhood's page.

  • Arrowhead Ranch

    Sold (24 mo)
    35
    Median sale
    $383,000
    Typical size
    1,953 sq ft
    Built
    2025
    HOA / mo
    $210
    For sale now
    4 · $329,703–$389,900
  • Villages At Arrowhead Park

    Sold (24 mo)
    21
    Median sale
    $351,000
    Typical size
    1,441 sq ft
    Built
    2022
    HOA / mo
    $137
    For sale now
    9 · $335,000–$449,000
  • Ridgestone Condos

    Sold (24 mo)
    19
    Median sale
    $264,000
    Typical size
    1,245 sq ft
    Built
    2012
    HOA / mo
    $275
    For sale now
    1 · $239,000
  • Springside Meadows

    Sold (24 mo)
    15
    Median sale
    $385,000
    Typical size
    2,129 sq ft
    Built
    2020
    HOA / mo
    $150
    For sale now
    1 · $370,000
  • Hiatt Creek

    Sold (24 mo)
    12
    Median sale
    $393,000
    Typical size
    1,885 sq ft
    Built
    2026
    HOA / mo
    $129
    For sale now
    13 · $352,900–$448,025
  • Maples At Brookside

    Sold (24 mo)
    11
    Median sale
    $350,000
    Typical size
    1,310 sq ft
    Built
    2001
    HOA / mo
    $146
    For sale now
    0
  • Arrowhead Park

    Sold (24 mo)
    10
    Median sale
    $355,000
    Typical size
    1,490 sq ft
    Built
    2022
    HOA / mo
    $108
    For sale now
    3 · $354,900–$489,000
  • Brookside

    Sold (24 mo)
    10
    Median sale
    $437,000
    Typical size
    1,526 sq ft
    Built
    2002
    HOA / mo
    $146
    For sale now
    0
  • Saddlebrook Estates

    Sold (24 mo)
    9
    Median sale
    $460,000
    Typical size
    2,072 sq ft
    Built
    2002
    HOA / mo
    —
    For sale now
    1 · $485,000
  • Greenridge Townhomes

    Sold (24 mo)
    8
    Median sale
    $304,000
    Typical size
    1,300 sq ft
    Built
    1999
    HOA / mo
    $167
    For sale now
    0
  • Majestic Meadows

    Sold (24 mo)
    7
    Median sale
    $293,000
    Typical size
    1,082 sq ft
    Built
    1998
    HOA / mo
    $150
    For sale now
    0
  • Spring Creek

    Sold (24 mo)
    7
    Median sale
    $385,000
    Typical size
    2,734 sq ft
    Built
    2019
    HOA / mo
    $230
    For sale now
    0
  • Mountain View

    Sold (24 mo)
    6
    Median sale
    $388,000
    Typical size
    1,257 sq ft
    Built
    1998
    HOA / mo
    $225
    For sale now
    0
  • Cherry Orchard Estates

    Sold (24 mo)
    4
    Median sale
    —
    Typical size
    2,362 sq ft
    Built
    1975
    HOA / mo
    —
    For sale now
    1 · $385,000
  • Park Place

    Sold (24 mo)
    4
    Median sale
    —
    Typical size
    1,264 sq ft
    Built
    1998
    HOA / mo
    $200
    For sale now
    0

Median sale is shown only where at least 5 homes sold. HOA dues are the median monthly fee (yearly dues divided by 12) and can change, so confirm the amount and what it covers with the association. "Built" is the median year built.

Common questions

About homes under $500k in Payson.

Can you buy a house in Payson for under $500,000? ▾

Yes, mostly townhomes plus some single-family homes. There are 59 listings at or under $500,000 today.