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.

Price

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Rooms

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Location

Payson, AZ Homes for Sale Under $1M

Including Payson & Star Valley listings

323 listings

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4 bed house at 213 S Sunset Pass, Payson

Price cut: $24,000 (10/10)

House for sale

$824,000

4 bds | 3 ba | 2,286 sqft | 0.15 acres

Panoramic views • 2-car garage • Fireplace

213 S Sunset Pass, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

1 bed house at 370 N COYOTE Trail, Payson

Pending

House for sale

$364,900

1 bds | 1 ba | 960 sqft | 0.75 acres

Fireplace

370 N COYOTE Trail, Payson, AZ 85541

Keller Williams Integrity First Realty

86 days on market

House for sale

$599,000

3 bds | 2 ba | 2,266 sqft | 0.22 acres

Panoramic views • Basement • Fireplace

182 N Jep Place, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

1 bed manufactured home at 205 S GRANITE Drive, Payson

604 days on market

Manufactured home for sale

$125,000

1 bds | 1 ba | 420 sqft | 0.22 acres

No HOA

205 S GRANITE Drive, Payson, AZ 85541

Dave Barber Realty, Inc.

3 bed house at 305 N Mogollon Trail, Payson

Pending

House for sale

$464,900

3 bds | 2 ba | 1,653 sqft | 0.17 acres

Mountain views • No HOA • Basement

305 N Mogollon Trail, Payson, AZ 85541

Dave Barber Realty, Inc.

3 bed manufactured home at 117 N LAKESHORE Road, Payson

Pending

Manufactured home for sale

$265,000

3 bds | 2 ba | 1,428 sqft | 0.16 acres

Mountain views • 1-car garage

117 N LAKESHORE Road, Payson, AZ 85541

HomeSmart Pros

3 bed house at 209 S Colcord Road, Payson

House for sale

$298,000

3 bds | 2 ba | 1,040 sqft | 0.17 acres

No HOA • Fireplace

209 S Colcord Road, Payson, AZ 85541

INTEGRA HOMES AND LAND - A

2 bed house at 161 E Coues Deer Lane, Payson

Price cut: $25,099 (10/30)

House for sale

$549,900

2 bds | 2 ba | 1,360 sqft | 0.5 acres

Panoramic views • Horses allowed • No HOA

161 E Coues Deer Lane, Payson, AZ 85541

Locality Real Estate

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3 bed house at 506 N Pine Island Drive, Payson

Under Contract

House for sale

$699,000

3 bds | 3 ba | 2,307 sqft | 0.17 acres

Golf course view • 2-car garage • Fireplace

506 N Pine Island Drive, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

3 bed house at 830 W Sherwood Drive, Payson

130 days on market

House for sale

$565,000

3 bds | 2 ba | 2,020 sqft | 0.24 acres

Mountain views • 2-car garage • Fireplace

830 W Sherwood Drive, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

2 bed house at 650 W Columbine Road, Payson

Price cut: $50,000 (8/28)

House for sale

$748,000

2 bds | 2 ba | 1,008 sqft | 0.22 acres

Waterfront • Wooded views • No HOA

650 W Columbine Road, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

1 bed house at 93 N Sky Run Lane, Star Valley

Price cut: $10,900 (10/22)

House for sale

$59,000

1 bds | 1 ba | 385 sqft

Mountain views

93 N Sky Run Lane, 20, Star Valley, AZ 85541

ERA YOUNG REALTY-PAYSON

2 bed house at 413 W Blackberry Lane, Payson

House for sale

$375,000

2 bds | 2 ba | 950 sqft | 0.55 acres

Panoramic views • No HOA • 2-car garage

413 W Blackberry Lane, Payson, AZ 85541

Real Broker

2 bed manufactured home at 308 S Sandstone Point, Payson

Manufactured home for sale

$389,900

2 bds | 2 ba | 1,680 sqft | 0.19 acres

Panoramic views • No HOA • 2-car garage

308 S Sandstone Point, Payson, AZ 85541

PREST REALTY

2 bed manufactured home at 16 N Star Vale Drive, Star Valley

Manufactured home for sale

$80,000

2 bds | 1 ba | 576 sqft

Mountain views

16 N Star Vale Drive, 110, Star Valley, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

4 bed house at 131 E JACKSHOE Trail, Payson

Price cut: $40,000 (10/21)

House for sale

$559,000

4 bds | 4 ba | 3,000 sqft | 1.03 acres

Mountain views • Horses allowed • No HOA

131 E JACKSHOE Trail, Payson, AZ 85541

Compass

4 bed house at 705 W Sherwood Drive, Payson

House for sale

$425,000

4 bds | 2 ba | 1,968 sqft | 0.15 acres

No HOA

705 W Sherwood Drive, Payson, AZ 85541

Delex Realty, LLC

1 bed house at 16 N Star Vale, Star Valley

225 days on market

House for sale

$75,000

1 bds | 1 ba | 408 sqft

Mountain views

16 N Star Vale, 122a, Star Valley, AZ 85541

ARIZONA RESOURCE REALTY

2 bed house at 202 E Phoenix Street, Payson

House for sale

$345,000

2 bds | 2 ba | 1,241 sqft | 0.34 acres

Mountain views • No HOA • Fireplace

202 E Phoenix Street, Payson, AZ 85541

COLDWELL BANKER BISHOP REALTY - PAYSON

2 bed manufactured home at 78 N Ponderosa Circle, Payson

Pending

Manufactured home for sale

$399,000

2 bds | 2 ba | 1,560 sqft | 0.39 acres

Wooded views • No HOA • 2-car garage

78 N Ponderosa Circle, Payson, AZ 85541

Realty ONE Group

3 bed manufactured home at 602 N Manzanita Drive, Payson

Price cut: $10,900 (9/22)

Manufactured home for sale

$324,000

3 bds | 2 ba | 1,456 sqft | 0.16 acres

No HOA • 2-car garage

602 N Manzanita Drive, Payson, AZ 85541

HomeSmart Pros

3 bed house at 708 S Ridgeway Lane, Payson

Price cut: $5,000 (9/29)

House for sale

$534,999

3 bds | 2 ba | 1,479 sqft | 0.4 acres

Wooded views • No HOA • Basement

708 S Ridgeway Lane, Payson, AZ 85541

List + Market Realty

3 bed house at 600 E Drowsey Circle, Payson

Price cut: $12,400 (10/20)

House for sale

$437,500

3 bds | 2 ba | 1,672 sqft | 0.14 acres

No HOA

600 E Drowsey Circle, Payson, AZ 85541

WEST USA REALTY, INC. - PHOENIX 2

Price cut: $36,000 (10/20)

House for sale

$599,000

4 bds | 4 ba | 2,364 sqft | 2.74 acres

Horses allowed • No HOA • Fireplace

62 E Mars Lane, Payson, AZ 85541

COLDWELL BANKER BISHOP REALTY - PAYSON

4 bed house at 461 W Scott Drive, Payson

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

House for sale

$639,500

4 bds | 3 ba | 2,304 sqft | 0.6 acres

Waterfront • Wooded views • No HOA

461 W Scott Drive, Payson, AZ 85541

Berkshire Hathaway HomeServices Advantage Realty - PAYSON

4 bed house at 315 N Mogollon Trail, Payson

Price cut: $25,900 (10/20)

House for sale

$599,000

4 bds | 3 ba | 2,642 sqft | 0.18 acres

No HOA • Basement • 2-car garage

315 N Mogollon Trail, Payson, AZ 85541

PAYSON HOMES & LAND

1 bed house at 93 N Sky Run Lane, Payson

Price cut: $13,000 (10/20)

House for sale

$49,500

1 bds | 1 ba | 600 sqft

Mountain views • No HOA • Fireplace

93 N Sky Run Lane, 21, Payson, AZ 85541

SOUTHWEST MOUNTAIN REALTY, LLC

3 bed house at 1209 N Gila Drive, Payson

109 days on market

House for sale

$429,000

3 bds | 2 ba | 1,582 sqft | 0.28 acres

Wooded views • No HOA • 2-car garage

1209 N Gila Drive, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

House for sale

$599,999

5 bds | 3 ba | 2,395 sqft | 0.24 acres

Mountain views • 2-car garage • Fireplace

304 S Ryan Drive, Payson, AZ 85541

My Home Group Real Estate, LLC

3 bed manufactured home at 123 S Birchwood Circle, Payson

Manufactured home for sale

$325,000

3 bds | 2 ba | 1,440 sqft | 0.37 acres

No HOA • Fireplace • 1-car garage

123 S Birchwood Circle, Payson, AZ 85541

Delex Realty, LLC

3 bed house at 310 S Golden Bear Point, Payson

House for sale

$515,000

3 bds | 2 ba | 1,604 sqft | 0.17 acres

2-car garage

310 S Golden Bear Point, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

3 bed house at 201 W Chateau Circle, Payson

85 days on market

House for sale

$535,000

3 bds | 2 ba | 1,562 sqft | 0.17 acres

No HOA • 2-car garage

201 W Chateau Circle, Payson, AZ 85541

COLDWELL BANKER BISHOP REALTY - PAYSON

3 bed manufactured home at 650 N Deer Creek Drive, Payson

207 days on market

Manufactured home for sale

$300,000

3 bds | 2 ba | 1,428 sqft | 0.3 acres

Panoramic views • Fireplace

650 N Deer Creek Drive, Payson, AZ 85541

HomeSmart Pros

4 bed house at 608 E Bonita Street, Payson

194 days on market

House for sale

$390,000

4 bds | 2 ba | 1,904 sqft | 0.22 acres

No HOA

608 E Bonita Street, Payson, AZ 85541

HomeSmart Pros

3 bed house at 8087 W Cherry Ann Lane, Payson

127 days on market

House for sale

$360,000

3 bds | 1 ba | 960 sqft | 0.14 acres

Mountain views • No HOA

8087 W Cherry Ann Lane, Payson, AZ 85541

HomeSmart Pros

5 bed house at 8213 W Sepia Road, Payson

159 days on market

House for sale

$445,000

5 bds | 2 ba | 1,784 sqft | 0.33 acres

Panoramic views • Horses allowed • No HOA

8213 W Sepia Road, Payson, AZ 85541

HomeSmart Pros

2 bed house at 140 N Milky Way, Star Valley

Price cut: $20,000 (10/18)

House for sale

$329,000

2 bds | 2 ba | 1,669 sqft | 0.2 acres

No HOA

140 N Milky Way, Star Valley, AZ 85541

HomeSmart

2 bed house at 234 W KINGS Drive, Payson

65 days on market

House for sale

$389,000

2 bds | 1 ba | 965 sqft | 1.09 acres

Mountain views • Fireplace

234 W KINGS Drive, Payson, AZ 85541

ProSmart Realty

3 bed manufactured home at 114 E Phoenix Street, Payson

Price cut: $16,000 (10/18)

Manufactured home for sale

$299,000

3 bds | 2 ba | 1,680 sqft | 0.2 acres

No HOA • Fireplace

114 E Phoenix Street, Payson, AZ 85541

PAYSON HOMES & LAND

3 bed house at 1205 N Camelot Drive, Payson

House for sale

$795,000

3 bds | 4 ba | 3,004 sqft | 0.39 acres

Panoramic views • Basement • 2-car garage

1205 N Camelot Drive, Payson, AZ 85541

INTEGRA HOMES AND LAND - A

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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