$5,936 Closing Credit*
$499,900
1,866 SqFt
3 Beds
•1 Full Bath
Gavin Houston, Listing Office: Equity Real Estate (Advisors)
Housing Prices in Payson, UT
How much do homes in Payson, UT cost?
Median List Price
$512,450
$224/sqft
Based on all homes listed in October 2024.
Difference Since Last Month
+$7,500(+1.5%)
Key Takeaway
The list price of homes in Payson has increased by 1.5% since September.
Summary: The median home list price in Payson was $512,450 in October 2024, up 1.5% from the previous month, and the median price per square foot was $224.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $370K | $365K | -1.4% |
| 3 Bedrooms | $399.9K | $423.3K | +5.8% |
| 4 Bedrooms | $514.5K | $479.9K | -6.7% |
| 5+ Bedrooms | $819.9K | $699.9K | -14.6% |
Summary: Payson housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 14.6%.
Median List Price Compared To Nearby Cities
| Payson | $504.9K | $512.4K | +1.5% |
| Elk Ridge | $699K | $694.2K | -0.7% |
| Spanish Fork-Payson | $603K | $577.4K | -4.2% |
Housing Supply in Payson, UT
How many homes are available in Payson, UT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 104 | 130 | +25.0% |
Summary: The Payson real estate market had 130 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 39 | 50 | +28.2% |
| 4 Bedrooms | 22 | 29 | +31.8% |
| 5+ Bedrooms | 38 | 45 | +18.4% |
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 increased by 20%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes increased by 18.4%.
Days on Market for Payson, UT
How long does it take to sell a home in Payson, UT?
Average Listing Age
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 Days | 93 Days | +14.0% |
Summary: Homes in Payson had an average listing age of 93 days in Oct 2024, up by 14% compared to the previous month.
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.