Housing Prices in Payson, IL

How much do homes in Payson, IL cost?

Median List Price

$145,000

$95/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$4,750(-3.2%)

Key Takeaway

The list price of homes in Payson has decreased by 3.2% since last year.

Summary: The median home list price in Payson was $145,000 in October 2024, down 3.2% from the previous year, and the median price per square foot was $95.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$69.9K
N/A
2 $102.4K$50K
-51.2%
3 $152.5K$172.5K
+13.1%
4 $144.7K$194.8K
+34.6%
5+ --
N/A

Summary: Payson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.2%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Payson
-3.2%
Payson Township
-6.7%

Housing Supply in Payson, IL

How many homes are available in Payson, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The Payson real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Payson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Payson, IL

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

Average Listing Age

Oct 2023Oct 2024CHANGE
70 Days110 Days+57.4%

Summary: Homes in Payson had an average listing age of 110 days in Oct 2024, up by 57.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Payson, IL

Nearby Markets to Payson, IL