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

Min – Max

Rooms

Bedrooms

Bathrooms

Location

Payson, AZ Homes for Sale Under $1M

Including Payson & Star Valley listings

323 listings

Sort:

2 bed condo at 951 W Ensenada Lane, Payson

68 days on market

Condo for sale

$378,000

2 bds | 3 ba | 1,436 sqft | 0.03 acres

Mountain views • 2-car garage • Fireplace

951 W Ensenada Lane, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

2 bed manufactured home at 16 N Star Vale 56, Star Valley

Price cut: $7,005 (8/29)

Manufactured home for sale

$89,995

2 bds | 2 ba | 896 sqft

Wooded views • No HOA • Fireplace

16 N Star Vale 56, Star Valley, AZ 85541

Desert 2 Mountain Realty

3 bed manufactured home at 220 S HOUSTON CREEK Circles, Payson

Price cut: $10,000 (8/29)

Manufactured home for sale

$265,000

3 bds | 2 ba | 896 sqft | 0.1 acres

Creek view • No HOA

220 S HOUSTON CREEK Circles, Payson, AZ 85541

Realty Executives Arizona Territory

2 bed manufactured home at 16 N Star Vale Drive 66, Star Valley

79 days on market

Manufactured home for sale

$99,000

2 bds | 1 ba | 980 sqft | 0.1 acres

Wooded views • No HOA

16 N Star Vale Drive 66, Star Valley, AZ 85541

DeLex Realty

1 bed manufactured home at 3933 E Highway 260, Star Valley

Price cut: $6,500 (8/28)

Manufactured home for sale

$125,000

1 bds | 1 ba | 673 sqft

3933 E Highway 260, #149, Star Valley, AZ 85541

West USA Realty - Happy Jack

2 bed house at 560 N JAVELINA Road, Payson

Price cut: $15,100 (8/28)

House for sale

$409,900

2 bds | 1 ba | 1,448 sqft | 0.33 acres

Panoramic views • 2-car garage • Fireplace

560 N JAVELINA Road, Payson, AZ 85541

Real Property Management Phoenix Valley

3 bed house at 508 S Meadow Street, Payson

Price cut: $10,000 (8/19)

House for sale

$355,000

3 bds | 2 ba | 1,200 sqft | 0.26 acres

Mountain views • No HOA • 2-car garage

508 S Meadow Street, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

4 bed house at 804 S Pony Circle, Payson

246 days on market

House for sale

$389,000

4 bds | 2 ba | 1,900 sqft | 0.19 acres

No HOA • Fireplace

804 S Pony Circle, Payson, AZ 85541

Delex Realty, LLC

Not seeing it?

Your dream home

You tell us

Your beds | your baths | your view

Anywhere in Payson, AZ

Found for you by Teri & Jenny · West USA Realty

Tell us

3 bed house at 1103 S STEWART POCKET Circle, Payson

82 days on market

House for sale

$685,000

3 bds | 3 ba | 2,304 sqft | 0.47 acres

Creek view • No HOA • 2-car garage

1103 S STEWART POCKET Circle, Payson, AZ 85541

Real Broker

3 bed house at 1285 W PAINT PONY Drive, Payson

107 days on market

House for sale

$335,000

3 bds | 2 ba | 1,152 sqft | 0.16 acres

Creek view • No HOA

1285 W PAINT PONY Drive, Payson, AZ 85541

Arizona Realty Central

2 bed house at 212 E McKamey Street, Payson

Price cut: $30,000 (8/25)

House for sale

$395,000

2 bds | 3 ba | 1,756 sqft | 0.31 acres

No HOA

212 E McKamey Street, Payson, AZ 85541

INTEGRA HOMES AND LAND - A

3 bed house at 207 N Parkwood Road, Payson

145 days on market

House for sale

$593,000

3 bds | 3 ba | 2,485 sqft | 0.16 acres

Wooded views • No HOA • 2-car garage

207 N Parkwood Road, Payson, AZ 85541

HomeSmart Pros

4 bed house at 350 S Buenagua Road, Payson

146 days on market

House for sale

$888,000

4 bds | 2 ba | 1,711 sqft | 0.13 acres

Panoramic views • Basement • 2-car garage

350 S Buenagua Road, Payson, AZ 85541

Delex Realty, LLC

3 bed house at 1114 S Mud Springs Road, Payson

78 days on market

House for sale

$715,000

3 bds | 3 ba | 2,608 sqft | 0.58 acres

No HOA • 2-car garage • Fireplace

1114 S Mud Springs Road, Payson, AZ 85541

Congress Realty, Inc.

2 bed house at 1040 S Palomino Place, Payson

Price cut: $4,000 (8/14)

House for sale

$320,000

2 bds | 1 ba | 810 sqft | 0.3 acres

Fireplace

1040 S Palomino Place, Payson, AZ 85541

My Home Group Real Estate, LLC

3 bed house at 8020 W Gibson Ranch Road, Payson

101 days on market

House for sale

$700,000

3 bds | 2 ba | 1,400 sqft | 1.1 acres

Mountain views • Horses allowed • No HOA

8020 W Gibson Ranch Road, Payson, AZ 85541

My Home Group Real Estate, LLC

1 bed house at 480 S Rainbow Drive, Star Valley

590 days on market

House for sale

$55,000

1 bds | 1 ba | 672 sqft

480 S Rainbow Drive, 56, Star Valley, AZ 85541

Realty ONE Group

4 bed house at 32 E Saddleback Trail, Star Valley

269 days on market

House for sale

$674,000

4 bds | 3 ba | 2,876 sqft | 2.31 acres

Wooded views • 3-car garage • Fireplace

32 E Saddleback Trail, Star Valley, AZ 85541

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

1 bed house at 706 W Munsee Drive, Payson

127 days on market

House for sale

$289,000

1 bds | 1 ba | 720 sqft | 0.48 acres

No HOA • Fireplace

706 W Munsee Drive, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

3 bed manufactured home at 311 S Mariposa Street, Payson

Under Contract

Manufactured home for sale

$265,000

3 bds | 2 ba | 1,060 sqft | 0.14 acres

No HOA

311 S Mariposa Street, Payson, AZ 85541

Realty ONE Group

4 bed house at 647 S MOONLIGHT Drive, Payson

114 days on market

House for sale

$480,000

4 bds | 2 ba | 2,672 sqft | 1.11 acres

No HOA

647 S MOONLIGHT Drive, Payson, AZ 85541

eXp Realty

4 bed house at 571 S TONTO CREEK Drive, Payson

148 days on market

House for sale

$365,000

4 bds | 2 ba | 2,128 sqft | 0.52 acres

Mountain views • Horses allowed • No HOA

571 S TONTO CREEK Drive, Payson, AZ 85541

DeLex Realty

4 bed house at 701 N WILLIAM TELL Circle, Payson

163 days on market

House for sale

$399,900

4 bds | 3 ba | 1,848 sqft | 0.16 acres

No HOA • Fireplace • 1-car garage

701 N WILLIAM TELL Circle, Payson, AZ 85541

Realty Executives Arizona Territory

2 bed house at 259 W Buckskin Road, Payson

155 days on market

House for sale

$529,900

2 bds | 2 ba | 1,552 sqft | 0.15 acres

Panoramic views • Basement • Fireplace

259 W Buckskin Road, Payson, AZ 85541

Compass

4 bed manufactured home at 95 S Hillside Drive, Star Valley

94 days on market

Manufactured home for sale

$465,000

4 bds | 2 ba | 2,040 sqft | 0.4 acres

Mountain views • No HOA • Fireplace

95 S Hillside Drive, Star Valley, AZ 85541

Payson Property Management LLC

3 bed manufactured home at 703 W Colt Circle, Payson

151 days on market

Manufactured home for sale

$270,000

3 bds | 2 ba | 1,152 sqft | 0.14 acres

No HOA • Fireplace

703 W Colt Circle, Payson, AZ 85541

Real Broker

3 bed house at 1108 S Kinzer Court, Payson

94 days on market

House for sale

$879,000

3 bds | 2 ba | 2,193 sqft | 0.28 acres

New construction • Mountain views • No HOA

1108 S Kinzer Court, Payson, AZ 85541

INTEGRA HOMES AND LAND - A

3 bed house at 477 S Morris Meadows, Payson

218 days on market

House for sale

$499,000

3 bds | 2 ba | 1,920 sqft | 1 acres

Mountain views • Horses allowed • Basement

477 S Morris Meadows, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

2 bed manufactured home at 310 E Cherry Street, Payson

197 days on market

Manufactured home for sale

$285,000

2 bds | 2 ba | 1,056 sqft | 0.21 acres

No HOA

310 E Cherry Street, Payson, AZ 85541

Desert 2 Mountain Realty

2 bed house at 1909 E Rainbow Trail, Payson

157 days on market

House for sale

$825,000

2 bds | 3 ba | 2,595 sqft | 0.17 acres

Panoramic views • 2-car garage • Fireplace

1909 E Rainbow Trail, Payson, AZ 85541

My Home Group Real Estate, LLC - TEMPE

3 bed house at 206 S Thunder Mountain, Payson

163 days on market

House for sale

$449,900

3 bds | 2 ba | 1,460 sqft | 0.12 acres

Mountain views • No HOA • 2-car garage

206 S Thunder Mountain, Payson, AZ 85541

Compass

2 bed manufactured home at 100 W Pinon Circle, Payson

122 days on market

Manufactured home for sale

$273,000

2 bds | 2 ba | 840 sqft | 0.23 acres

No HOA

100 W Pinon Circle, Payson, AZ 85541

Delex Realty, LLC

2 bed manufactured home at 705 E Miller Road, Payson

123 days on market

Manufactured home for sale

$69,500

2 bds | 1 ba | 750 sqft

No HOA

705 E Miller Road, 3 #3, Payson, AZ 85541

West USA Realty - Overgaard

2 bed house at 259 W Mary Patricia Drive, Payson

127 days on market

House for sale

$475,000

2 bds | 2 ba | 960 sqft | 0.35 acres

Waterfront • Mountain views

259 W Mary Patricia Drive, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

1 bed manufactured home at 16 N Star Vale Road, Star Valley

349 days on market

Manufactured home for sale

$87,500

1 bds | 1 ba | 363 sqft

Mountain views • No HOA

16 N Star Vale Road, 121A, Star Valley, AZ 85541

Delex Realty, LLC

4 bed house at 7705 N Caballero Road, Payson

330 days on market

House for sale

$945,000

4 bds | 3 ba | 3,396 sqft | 0.42 acres

Mountain views • No HOA • 10-car garage

7705 N Caballero Road, Payson, AZ 85541

West USA Realty

5 bed house at 142 E Lariat Drive, Payson

193 days on market

House for sale

$725,000

5 bds | 3 ba | 2,748 sqft | 1.01 acres

Panoramic views • Horses allowed • No HOA

142 E Lariat Drive, Payson, AZ 85541

Realty ONE Group

3 bed house at 513 W Sherwood Drive, Payson

162 days on market

House for sale

$675,000

3 bds | 2 ba | 1,664 sqft | 0.15 acres

No HOA • 2-car garage

513 W Sherwood Drive, Payson, AZ 85541

Delex Realty, LLC

3 bed manufactured home at 301 N Budweiser Circle, Payson

323 days on market

Manufactured home for sale

$299,900

3 bds | 2 ba | 1,770 sqft | 0.29 acres

No HOA

301 N Budweiser Circle, Payson, AZ 85541

A.T. Meridian Real Estate

281 days on market

House for sale

$625,000

4 bds | 2 ba | 2,148 sqft | 0.28 acres

Mountain views • No HOA

443 W Neal, Payson, AZ 85541

Schreiner Realty

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.

Homes under $1M in nearby towns

All Rim Country towns →