How much do homes under $1M cost in Payson, AZ?

The median list price of homes under $1M for sale in Payson, AZ is $431,000, or $274 per square foot. Over the last 12 months, homes in Payson, AZ sold for a median of $430,000.

How much do you need to make to afford homes under $1M in Payson, AZ?

Roughly $114,000 a year at the median list price of $431,000. With 20% down and a 30-year loan at this week's average rate of 7.18%, the payment comes to about $2,659 a month with property taxes and insurance, and lenders often look for housing costs of about 28% of gross income or less. Your debts, down payment and credit all change the number.

Is Payson, AZ a buyer's or seller's market?

Payson, AZ is a balanced market for homes right now, leaning toward buyers. There are 5.9 months of homes for sale at the current pace of sales (under 4 months usually favors sellers, over 6 favors buyers). Homes are selling for a median of 97.5% of the asking price, and 1% of homes for sale have had a price cut.

Do homes in Payson, AZ sell above or below asking price?

Mostly below asking. Homes in Payson, AZ sold for a median of 97.5% of the final list price over the last 12 months, and 8% of recent sales closed above list.

How fast are homes selling in Payson, AZ?

Homes that sold in Payson, AZ over the last 6 months went under contract in a median of 39 days. Homes under $1M for sale now have been listed for a median of 100 days.

Are home prices in Payson, AZ going up or down?

Down 2.5%. Homes that sold in Payson, AZ in the last 6 months went for a median of $278 per square foot, compared with $285 in the 6 months before. Mountain-town prices swing with the seasons, so treat this as a rough guide.

How many homes under $1M are for sale in Payson, AZ right now?

There are 323 listings of homes under $1M in Payson, AZ: 273 for sale and 50 pending or under contract. 14 came on the market in the last 7 days.

Is it a good time to sell a home in Payson, AZ?

Payson, AZ is balanced, with 5.9 months of homes for sale: buyers have choices, so homes priced from recent sales sell best. Recent sales went under contract in a median of 39 days at 97.5% of list.

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Payson, AZ Homes for Sale Under $1M

Including Payson & Star Valley listings

323 listings

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3 bed manufactured home at 506 E Drowsey Circle, Payson

Manufactured home for sale

$309,000

3 bds | 3 ba | 1,144 sqft | 0.17 acres

No HOA • 1-car garage

506 E Drowsey Circle, Payson, AZ 85541

West USA Realty

3 bed house at 312 E Chateau Circle, Payson

Price cut: $14,900 (11/4)

House for sale

$450,000

3 bds | 1 ba | 1,624 sqft | 0.23 acres

Wooded views • No HOA • Fireplace

312 E Chateau Circle, Payson, AZ 85541

PREST REALTY

3 bed house at 436 W BLACKBERRY Lane, Payson

Pending

House for sale

$399,000

3 bds | 2 ba | 1,906 sqft | 0.52 acres

No HOA • Fireplace

436 W BLACKBERRY Lane, Payson, AZ 85541

Home Bound

4 bed condo at 308 W Frontier Street, Payson

Condo for sale

$324,500

4 bds | 3 ba | 1,550 sqft | 0.03 acres

1-car garage

308 W Frontier Street, G, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

3 bed house at 608 N Wilderness Trail, Payson

House for sale

$540,000

3 bds | 2 ba | 1,557 sqft | 0.19 acres

Wooded views • 3-car garage • Fireplace

608 N Wilderness Trail, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

1 bed house at 3680 E Hwy 260, Star Valley

House for sale

$94,900

1 bds | 1 ba | 377 sqft | 0.05 acres

No HOA

3680 E Hwy 260, B-32, Star Valley, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

2 bed manufactured home at 800 N Ponderosa Circle, Payson

Manufactured home for sale

$274,999

2 bds | 1 ba | 1,005 sqft | 0.18 acres

Wooded views • No HOA • 2-car garage

800 N Ponderosa Circle, Payson, AZ 85541

SOUTHWEST MOUNTAIN REALTY, LLC

3 bed house at 1957 S Moonlight Drive, Star Valley

Price cut: $10,000 (10/1)

House for sale

$469,000

3 bds | 2 ba | 1,211 sqft | 0.32 acres

Panoramic views • No HOA • Fireplace

1957 S Moonlight Drive, Star Valley, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

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3 bed manufactured home at 309 S Goodnow Road, Payson

Price cut: $30,000 (9/30)

Manufactured home for sale

$379,000

3 bds | 2 ba | 1,624 sqft | 0.42 acres

No HOA • 1-car garage

309 S Goodnow Road, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

2 bed house at 501 E Alpine Drive, Payson

House for sale

$299,000

2 bds | 1 ba | 864 sqft | 0.14 acres

Wooded views • No HOA • Fireplace

501 E Alpine Drive, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

3 bed house at 1194 W Beaver Flat Road, Payson

72 days on market

House for sale

$575,000

3 bds | 2 ba | 1,824 sqft | 0.61 acres

Mountain views • Fireplace

1194 W Beaver Flat Road, Payson, AZ 85541

My Home Group Real Estate, LLC

3 bed house at 710 W Sherwood Drive, Payson

Price cut: $5,000 (10/14)

House for sale

$444,000

3 bds | 2 ba | 1,540 sqft | 0.14 acres

No HOA • 2-car garage • Fireplace

710 W Sherwood Drive, Payson, AZ 85541

My Home Group Real Estate, LLC

2 bed manufactured home at 506 W Johnson Drive, Payson

Price cut: $10,500 (10/13)

Manufactured home for sale

$128,500

2 bds | 1 ba | 720 sqft | 0.17 acres

No HOA

506 W Johnson Drive, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

3 bed house at 1092 W Paint Pony Drive, Payson

61 days on market

House for sale

$375,000

3 bds | 1 ba | 1,028 sqft | 1.16 acres

Mountain views • Horses allowed • No HOA

1092 W Paint Pony Drive, Payson, AZ 85541

Realty Executives Arizona Territory

2 bed house at 310 W CODY Circle, Payson

Price cut: $11,000 (8/12)

House for sale

$399,000

2 bds | 2 ba | 1,181 sqft | 0.15 acres

2-car garage • Fireplace

310 W CODY Circle, Payson, AZ 85541

Realty Executives Arizona Territory

3 bed house at 1403 N Woodland Drive, Payson

Price cut: $15,000 (11/3)

House for sale

$349,900

3 bds | 2 ba | 1,418 sqft | 0.25 acres

No HOA

1403 N Woodland Drive, Payson, AZ 85541

COLDWELL BANKER BISHOP REALTY - PAYSON

3 bed manufactured home at 191 N CORNERSTONE Way, Payson

Pending

Manufactured home for sale

$649,000

3 bds | 2 ba | 1,890 sqft | 2.01 acres

Mountain views • Horses allowed • No HOA

191 N CORNERSTONE Way, Payson, AZ 85541

eXp Realty

3 bed house at 1119 S Mountain View Drive, Payson

Price cut: $9,900 (11/3)

House for sale

$449,000

3 bds | 2 ba | 1,562 sqft | 0.24 acres

2-car garage • Fireplace

1119 S Mountain View Drive, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

3 bed house at 282 S CIENEGA Road, Payson

Price cut: $25,000 (11/3)

House for sale

$329,000

3 bds | 1 ba | 768 sqft | 0.45 acres

Mountain views • Horses allowed • No HOA

282 S CIENEGA Road, Payson, AZ 85541

Realty Executives Arizona Territory

2 bed house at 1010 N Easy Street, Payson

House for sale

$325,000

2 bds | 2 ba | 1,036 sqft | 0.14 acres

Wooded views • No HOA • 1-car garage

1010 N Easy Street, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

Price cut: $1,000 (11/2)

House for sale

$268,000

876 sqft | 0.2 acres

Wooded views • No HOA • Fireplace

1306 N Woodland Drive, Payson, AZ 85541

Berkshire Hathaway HomeServices Advantage Realty - PAYSON

2 bed house at 1306 N Woodland Drive, Payson

Price cut: $1,000 (11/2)

House for sale

$268,000

2 bds | 2 ba | 876 sqft | 0.2 acres

Wooded views • No HOA • Fireplace

1306 N Woodland Drive, Payson, AZ 85541

Berkshire Hathaway HomeServices Advantage Realty - PAYSON

2 bed manufactured home at 7614 N Banada Road, Payson

Price cut: $10,000 (11/2)

Manufactured home for sale

$189,000

2 bds | 1 ba | 840 sqft | 0.12 acres

Panoramic views • No HOA

7614 N Banada Road, Payson, AZ 85541

EXP Realty, LLC - PEORIA

2 bed house at 509 N Hogan Drive, Payson

Under Contract

House for sale

$355,000

2 bds | 2 ba | 1,025 sqft | 0.24 acres

Panoramic views • No HOA

509 N Hogan Drive, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

3 bed manufactured home at 124 S BIRCHWOOD Circle, Payson

Price cut: $26,000 (11/2)

Manufactured home for sale

$319,000

3 bds | 2 ba | 1,500 sqft | 0.24 acres

Mountain views • No HOA

124 S BIRCHWOOD Circle, Payson, AZ 85541

Realty ONE Group

4 bed house at 206 S Sunset Pass, Payson

House for sale

$675,000

4 bds | 4 ba | 2,737 sqft | 0.16 acres

2-car garage • Fireplace

206 S Sunset Pass, Payson, AZ 85541

Realty ONE Group

4 bed house at 416 E Continental Drive, Payson

Price cut: $25,000 (11/3)

House for sale

$500,000

4 bds | 3 ba | 2,346 sqft | 0.27 acres

2-car garage

416 E Continental Drive, Payson, AZ 85541

ARIZONA RESOURCE REALTY

3 bed house at 901 W RIM VIEW Road, Payson

Price cut: $10,000 (11/1)

House for sale

$435,000

3 bds | 2 ba | 2,000 sqft | 0.24 acres

Panoramic views • No HOA • Basement

901 W RIM VIEW Road, Payson, AZ 85541

Arizona Resource Realty

4 bed house at 302 N STAGECOACH Pass, Payson

Price cut: $15,000 (10/6)

House for sale

$550,000

4 bds | 2 ba | 2,120 sqft | 0.24 acres

Mountain views • No HOA • 2-car garage

302 N STAGECOACH Pass, Payson, AZ 85541

Realty ONE Group

3 bed house at 404 S PONDEROSA Street, Payson

Price cut: $25,000 (10/28)

House for sale

$450,000

3 bds | 3 ba | 1,600 sqft | 0.21 acres

No HOA • Basement

404 S PONDEROSA Street, Payson, AZ 85541

Real Broker

3 bed house at 1105 N Bavarian Way, Payson

Price cut: $3,000 (10/2)

House for sale

$432,000

3 bds | 2 ba | 1,523 sqft | 0.15 acres

Wooded views • No HOA • 2-car garage

1105 N Bavarian Way, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

3 bed house at 1032 W Rim View Road, Payson

Price cut: $4,900 (10/23)

House for sale

$415,000

3 bds | 2 ba | 1,377 sqft | 0.19 acres

Mountain views • No HOA • 2-car garage

1032 W Rim View Road, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

Price cut: $10,000 (8/14)

House for sale

$410,000

2 bds | 3 ba | 1,513 sqft | 0.44 acres

Wooded views • Horses allowed • No HOA

124 N MILKY Way, Payson, AZ 85541

eXp Realty

3 bed house at 307 S Red Rock Point, Payson

Under Contract

House for sale

$450,000

3 bds | 2 ba | 1,691 sqft | 0.2 acres

Mountain views • No HOA • 2-car garage

307 S Red Rock Point, Payson, AZ 85541

COLDWELL BANKER BISHOP REALTY - PAYSON

4 bed house at 1002 N HILLCREST Drive, Payson

Price cut: $10,000 (10/31)

House for sale

$899,000

4 bds | 4 ba | 3,976 sqft | 0.55 acres

2-car garage • Fireplace

1002 N HILLCREST Drive, Payson, AZ 85541

ERA-Young Realty & Investment

3 bed house at 805 W Oso Dorado Circle, Payson

House for sale

$499,900

3 bds | 2 ba | 1,578 sqft | 0.19 acres

2-car garage

805 W Oso Dorado Circle, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

3 bed house at 240 N Rocking Horse Road, Payson

House for sale

$840,000

3 bds | 3 ba | 1,850 sqft | 1.03 acres

Mountain views • No HOA • Fireplace

240 N Rocking Horse Road, Payson, AZ 85541

Locality Real Estate

3 bed house at 204 N FOREST PARK Drive, Payson

Price cut: $50,000 (8/19)

House for sale

$875,000

3 bds | 3 ba | 2,881 sqft | 0.64 acres

Wooded views • No HOA • Basement

204 N FOREST PARK Drive, Payson, AZ 85541

Russ Lyon Sotheby's International Realty

3 bed house at 912 W Wagon Trail, Payson

Pending

House for sale

$569,000

3 bds | 3 ba | 1,838 sqft | 0.17 acres

Wooded views • No HOA • 2-car garage

912 W Wagon Trail, Payson, AZ 85541

COLDWELL BANKER BISHOP REALTY - PAYSON

4 bed house at 1900 W FAIRWAY Lane, Payson

House for sale

$650,000

4 bds | 2 ba | 2,028 sqft | 0.36 acres

Wooded views • No HOA • 2-car garage

1900 W FAIRWAY Lane, Payson, AZ 85541

Realty ONE Group

Listing data provided by Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Listing data provided by Central Arizona Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data provided by White Mountain Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed accurate by the White Mountain Association of REALTORS® Copyright 2026 White Mountain Association of REALTORS® All rights reserved.

Payson real estate market questions

How much do homes under $1M cost in Payson, AZ?: The median list price of homes under $1M for sale in Payson, AZ is $431,000, or $274 per square foot. Over the last 12 months, homes in Payson, AZ sold for a median of $430,000.
How much do you need to make to afford homes under $1M in Payson, AZ?: Roughly $114,000 a year at the median list price of $431,000. With 20% down and a 30-year loan at this week's average rate of 7.18%, the payment comes to about $2,659 a month with property taxes and insurance, and lenders often look for housing costs of about 28% of gross income or less. Your debts, down payment and credit all change the number.
Is Payson, AZ a buyer's or seller's market?: Payson, AZ is a balanced market for homes right now, leaning toward buyers. There are 5.9 months of homes for sale at the current pace of sales (under 4 months usually favors sellers, over 6 favors buyers). Homes are selling for a median of 97.5% of the asking price, and 1% of homes for sale have had a price cut.
Do homes in Payson, AZ sell above or below asking price?: Mostly below asking. Homes in Payson, AZ sold for a median of 97.5% of the final list price over the last 12 months, and 8% of recent sales closed above list.
How fast are homes selling in Payson, AZ?: Homes that sold in Payson, AZ over the last 6 months went under contract in a median of 39 days. Homes under $1M for sale now have been listed for a median of 100 days.
Are home prices in Payson, AZ going up or down?: Down 2.5%. Homes that sold in Payson, AZ in the last 6 months went for a median of $278 per square foot, compared with $285 in the 6 months before. Mountain-town prices swing with the seasons, so treat this as a rough guide.
How many homes under $1M are for sale in Payson, AZ right now?: There are 323 listings of homes under $1M in Payson, AZ: 273 for sale and 50 pending or under contract. 14 came on the market in the last 7 days.
Is it a good time to sell a home in Payson, AZ?: Payson, AZ is balanced, with 5.9 months of homes for sale: buyers have choices, so homes priced from recent sales sell best. Recent sales went under contract in a median of 39 days at 97.5% of list. See what your Payson home is worth →

From MLS listings and sales, updated every 30 minutes. Last updated Nov 7, 2026.

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