Market analytics
Payson, Utah real estate market report.
Monthly sold prices, days on market, sale-to-list ratio, and absorption rate. Updated nightly from UtahRealEstate.com and the Washington County Board of Realtors.
Updated · Sources: UtahRealEstate.com & Washington County Board of Realtors
October 2026 · Market Analysis
Payson buyers get more choice as 130 listings meet a faster 26-day sale
Get this report emailed every month
✓ You're in — see you next month.
Payson's housing market picked up pace in October, and homes that sold went for a median $465,000. That is the same median home price as a year ago, though 25 closings compare with 37 in October 2025. It still leans toward buyers on supply, with 130 homes for sale against 77 a year earlier. Sellers who price well are getting 99.5% of list, so it is not a one-sided market.
Market pulse
Supply is the longer story. Active listings grew from 100 in August to 130 in October, while new listings fell from 42 in September to 28 in October. Closings bounced back from 15 to 25, and the median days on market dropped from 40 to 26. Arrowhead Ranch produced 3 sales at a median $672,100, well above the citywide median, and those homes took 59 days.
Mortgage context
Fifteen of October's 25 closings landed between $400,000 and $700,000, with a median of $488,400, so most Payson buyers are shopping the middle of the market. Seven closed under $400,000 at a median $360,000. The 30-year rate has eased over the past 30 days, which helps that middle group most because the loan amounts are largest.
Payment math
Buying at the $465,000 median home price with 20% down costs $2,569 a month in principal and interest at 7.375%, which is $96 less than 30 days ago at 7.75%, yet still $237 above the April low of $2,332 when rates averaged 6.42%.
If you're buying
Look at Heritage Village, where two homes closed in October at a median $562,200 after 117 days. Sellers who wait that long are the ones likely to take a price cut. Homes over $700,000 took a median 59 days, so that range gives you more time to decide than the under-$400,000 homes, which sold in 13 days.
If you're selling
The median list price was $449,500, below the $465,000 median sale price, so asking prices here are not running ahead of closings. What your home is worth depends on what similar homes nearby sold for, and 9 of 25 October sales closed above list. With 130 competing listings, price it right the first week. Spring Creek Townhomes sold in a median 13 days at $377,500.
Outlook
Winter normally means fewer showings and fewer new listings, which could keep the 130 active homes from growing much. Payson buyers should see stable choice into January. If rates keep easing from 7.375%, closings should hold near the 25 to 30 a month range seen over the past year.
Watch for
If new listings stay near October's 28 a month while closings hold at 25, months of supply would drift from about 5 toward 4 by January.
"Payson's October rebound meets a crowded list of homes for sale"
Common questions about Payson this month
What is the median home price in Payson? ▾
The median sale price in Payson in October 2026 was $465,000. The average sale price was $503,928. The average is higher because three homes sold above $700,000 at a median $925,000, which pulls it up. The median list price was $449,500.
Is the Payson housing market slowing down? ▾
Not on pace. Payson homes sold in a median 26 days in October, down from 40 in September. Supply is higher, with 130 active listings against 77 a year ago, and closings are 25 against 37. It is a balanced market that favors buyers on choice.
How much is my Payson home worth? ▾
Payson's median sale price was $465,000 in October, and homes closed at 99.5% of list. Half of sales took 26 days or less. Your own home's value depends on recent comparable sales nearby, so look at similar homes in your subdivision.
How have rates changed the monthly payment in Payson? ▾
At 7.375%, principal and interest on the $465,000 median home is $2,569 a month, $96 below 30 days ago. It is still $237 above the April payment of $2,332.
Number of Listings
Active inventory · new listings · sold per month
Listing Prices
Active median list · new median list · sold median sale
Absorption Rate
Months of supply — active inventory ÷ monthly sold rate
Sale-to-List Ratio
Close price ÷ list price — buyer/seller leverage
Days on Market
Median days from listing to under contract
Price Volume
Total dollar volume — active · new · sold per month
October 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
25 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 26 · 25th percentile 12 · 75th percentile 59
Needed a price change
Sold listings that had a recorded price change before close
8 of 25 sold homes had at least one price change while listed. Lower = sellers are pricing right the first time.
Sales by price band
Closed-price bucket → sold count and median days to contract
Top neighborhoods this month
Named subdivisions ranked by homes sold · median price · median days to contract
- 1. Arrowhead Ranch 3 sold · 59d
- 2. Heritage Village 2 sold · 117d
- 3. Spring Creek Townhomes 2 sold · 13d
- 4. Blackhawk 1 sold · 12d
- 5. Bamberger 1 sold · 48d
- 6. Dry Creek 1 sold · 18d
- 7. The Villages At Arrowhead Park 1 sold · 24d
- 8. Carriage Place 1 sold · 26d
October 2026 by property type
How each housing type performed last month — 23 closings total across subtypes.
Summary Statistics
| Metric | Oct-26 | Oct-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 25 | 37 | -32.43% | 269 | 272 | -1.10% |
| Median Sale Price | $465,000 | $460,000 | +1.09% | $470,195 | $462,200 | +1.73% |
| Median DOM | 26 | 41 | -36.59% | 41 | 40 | +2.50% |
| Sale-to-List Ratio | 99.52% | 99.93% | -0.41% | 99.17% | 99.02% | +0.15% |
Past months
Browse historical Payson reports — each month's snapshot stays at its own permanent URL.
Sources: UtahRealEstate.com and the Washington County Board of Realtors, aggregated by Best Utah Real Estate. Sale-to-list ratio compares closing price to the final list price (post-reduction). Absorption rate = active inventory ÷ monthly sold rate.