How much do homes under $2M cost in Payson, AZ?

The median list price of homes under $2M for sale in Payson, AZ is $450,000, or $284 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 $2M in Payson, AZ?

Roughly $119,000 a year at the median list price of $450,000. With 20% down and a 30-year loan at this week's average rate of 7.18%, the payment comes to about $2,777 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 $2M for sale now have been listed for a median of 103 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 $2M are for sale in Payson, AZ right now?

There are 365 listings of homes under $2M in Payson, AZ: 308 for sale and 57 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 $2M

Including Payson & Star Valley listings

365 listings

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3 bed house at 1711 W Point Drive, Payson

Listed 5hrs ago

House for sale

$699,999

3 bds | 4 ba | 2,873 sqft | 0.38 acres

Panoramic views • No HOA • Basement

1711 W Point Drive, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

4 bed house at 308 E JUNIPER Street, Payson

House for sale

$349,000

4 bds | 2 ba | 1,396 sqft | 0.45 acres

No HOA • Fireplace

308 E JUNIPER Street, Payson, AZ 85541

HomeSmart Pros

3 bed manufactured home at 8162 Apache Drive, Payson

Price cut: $6,000 (10/29)

Manufactured home for sale

$339,000

3 bds | 2 ba | 1,344 sqft | 0.14 acres

New construction • Wooded views • Horses allowed

8162 Apache Drive, Payson, AZ 85541

ProSmart Realty

Price cut: $45,000 (11/7)

House for sale

$750,000

3 bds | 2 ba | 1,443 sqft | 0.44 acres

Waterfront • Panoramic views • No HOA

285 Box Elder, Payson, AZ 85541

West USA Realty - Happy Jack 1

2 bed house at 1426 N Beaver Flat Circle, Payson

Price cut: $1,000 (11/7)

House for sale

$389,000

2 bds | 2 ba | 1,152 sqft | 0.15 acres

Mountain views

1426 N Beaver Flat Circle, Payson, AZ 85541

EXP Realty, LLC - PEORIA

3 bed house at 310 N MOGOLLON Trail, Payson

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

House for sale

$489,900

3 bds | 2 ba | 1,600 sqft | 0.18 acres

No HOA • 2-car garage • Fireplace

310 N MOGOLLON Trail, Payson, AZ 85541

Orchard Brokerage

2 bed manufactured home at 857 S Tonto Creek Drive, Payson

Price cut: $6,000 (10/1)

Manufactured home for sale

$229,000

2 bds | 1 ba | 672 sqft | 0.2 acres

Mountain views • No HOA

857 S Tonto Creek Drive, Payson, AZ 85541

COLDWELL BANKER BISHOP REALTY - PAYSON

4 bed house at 209 W Estate Lane, Payson

Price cut: $40,900 (11/6)

House for sale

$399,000

4 bds | 2 ba | 1,831 sqft | 0.3 acres

Wooded views • No HOA • Fireplace

209 W Estate Lane, Payson, AZ 85541

Desert 2 Mountain Realty

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Found for you by Teri & Jenny · West USA Realty

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3 bed house at 511 S FORT MCDONALD Drive, Payson

Under Contract

House for sale

$625,000

3 bds | 2 ba | 2,170 sqft | 0.3 acres

Lake view • No HOA • Basement

511 S FORT MCDONALD Drive, Payson, AZ 85541

ERA-Young Realty & Investment

2 bed manufactured home at 1108 N William Tell Circle, Payson

Pending

Manufactured home for sale

$335,000

2 bds | 2 ba | 1,534 sqft | 0.19 acres

No HOA • 2-car garage • Fireplace

1108 N William Tell Circle, Payson, AZ 85541

Forest Realty Group

3 bed house at 2108 N Cold Springs Point, Payson

Price cut: $35,000 (10/17)

House for sale

$500,000

3 bds | 2 ba | 2,212 sqft | 0.14 acres

Mountain views • 3-car garage • Fireplace

2108 N Cold Springs Point, Payson, AZ 85541

EXP Realty, LLC - PEORIA

2 bed manufactured home at 307 W Ash Creek Court, Payson

Pending

Manufactured home for sale

$324,900

2 bds | 2 ba | 1,456 sqft | 0.14 acres

Fireplace

307 W Ash Creek Court, Payson, AZ 85541

SOUTHWEST MOUNTAIN REALTY, LLC

4 bed house at 804 N Elk Horn Circle, Payson

Price cut: $9,500 (11/6)

House for sale

$879,500

4 bds | 4 ba | 3,580 sqft | 0.38 acres

Panoramic views • 2-car garage • Fireplace

804 N Elk Horn Circle, Payson, AZ 85541

SOUTHWEST MOUNTAIN REALTY, LLC

Price cut: $11,000 (11/6)

House for sale

$479,000

2 bds | 1 ba | 1,232 sqft | 1.56 acres

Panoramic views • No HOA • Fireplace

2092 Lance Drive, Payson, AZ 85541

SOUTHWEST MOUNTAIN REALTY, LLC

3 bed house at 508 E Saguaro Circle, Payson

House for sale

$432,000

3 bds | 2 ba | 1,282 sqft | 0.17 acres

2-car garage • Fireplace

508 E Saguaro Circle, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

3 bed house at 811 E LONE PINE Circle, Payson

Price cut: $1 (11/6)

House for sale

$385,494

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

Mountain views • No HOA

811 E LONE PINE Circle, Payson, AZ 85541

West USA Realty

5 bed house at 401 N Whitetail Drive, Payson

Price cut: $20,000 (11/6)

House for sale

$978,000

5 bds | 3 ba | 3,505 sqft | 1.01 acres

Panoramic views • No HOA • Basement

401 N Whitetail Drive, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

3 bed manufactured home at 104 N Lakeshore Road, Payson

Pending

Manufactured home for sale

$365,000

3 bds | 2 ba | 1,664 sqft | 0.28 acres

2-car garage

104 N Lakeshore Road, Payson, AZ 85541

Realty Executives Arizona Territory

3 bed house at 805 N WILLIAM TELL Circle, Payson

82 days on market

House for sale

$340,000

3 bds | 2 ba | 1,056 sqft | 0.2 acres

Wooded views • No HOA • Fireplace

805 N WILLIAM TELL Circle, Payson, AZ 85541

Russ Lyon Sotheby's International Realty

3 bed manufactured home at 303 W Ash Creek Court, Payson

Price cut: $24,000 (11/6)

Manufactured home for sale

$345,000

3 bds | 2 ba | 1,768 sqft | 0.15 acres

Fireplace

303 W Ash Creek Court, Payson, AZ 85541

HomeSmart Pros

2 bed house at 508 N Colcord Road, Payson

1 day on market

House for sale

$379,000

2 bds | 1 ba | 1,609 sqft | 0.18 acres

Wooded views • No HOA • Fireplace

508 N Colcord Road, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

3 bed house at 1000 N Autumn Sage Court, Payson

1 day on market

House for sale

$799,000

3 bds | 2 ba | 2,066 sqft | 0.16 acres

Wooded views • 2-car garage • Fireplace

1000 N Autumn Sage Court, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

Pending

House for sale

$519,000

3 bds | 2 ba | 1,680 sqft | 0.84 acres

Mountain views • Horses allowed • No HOA

169 N Lee's Way, Payson, AZ 85541

Coldwell Banker Bishop Realty

4 bed house at 1104 S Broce Court, Payson

Price cut: $102,000 (11/6)

House for sale

$998,000

4 bds | 3 ba | 2,929 sqft | 0.34 acres

Panoramic views • No HOA • Basement

1104 S Broce Court, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

3 bed house at 1906 E Rainbow Trail, Payson

Price cut: $5,000 (11/6)

House for sale

$529,000

3 bds | 3 ba | 2,025 sqft | 0.19 acres

Mountain views • 2-car garage

1906 E Rainbow Trail, Payson, AZ 85541

Four Peaks Property Management LLC

3 bed house at 407 W St Moritz Drive, Payson

Pending

House for sale

$379,900

3 bds | 2 ba | 1,294 sqft | 0.14 acres

No HOA • 2-car garage

407 W St Moritz Drive, Payson, AZ 85541

DAVE BARBER REALTY

4 bed house at 424 Blackberry Lane, Payson

Under Contract

House for sale

$424,900

4 bds | 3 ba | 2,540 sqft | 0.58 acres

Wooded views • No HOA • 2-car garage

424 Blackberry Lane, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

4 bed manufactured home at 1502 N Cessna Circle, Payson

Pending

Manufactured home for sale

$365,000

4 bds | 3 ba | 1,969 sqft | 0.36 acres

No HOA • 2-car garage

1502 N Cessna Circle, Payson, AZ 85541

COLDWELL BANKER BISHOP REALTY - PAYSON

3 bed house at 307 N Lakeshore Road, Payson

Price cut: $10,000 (9/21)

House for sale

$475,000

3 bds | 2 ba | 1,632 sqft | 0.18 acres

Wooded views • No HOA • 2-car garage

307 N Lakeshore Road, Payson, AZ 85541

HomeSmart

3 bed house at 3000 E Game Trail, Payson

Price cut: $100,000 (9/2)

House for sale

$1,650,000

3 bds | 3 ba | 2,472 sqft | 0.51 acres

Golf course view • 3-car garage • Fireplace

3000 E Game Trail, Payson, AZ 85541

INTEGRA HOMES AND LAND - A

3 bed house at 416 W Frontier Street, Payson

Price cut: $21,000 (11/5)

House for sale

$244,000

3 bds | 1 ba | 1,008 sqft | 0.43 acres

Mountain views • No HOA • Fireplace

416 W Frontier Street, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

3 bed manufactured home at 124 W Black Mountain Road, Payson

Price cut: $6,000 (11/5)

Manufactured home for sale

$229,000

3 bds | 2 ba | 1,904 sqft | 0.49 acres

Mountain views • 2-car garage

124 W Black Mountain Road, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

2 bed house at 708 N Manzanita Drive, Payson

House for sale

$259,000

2 bds | 1 ba | 700 sqft | 0.16 acres

Wooded views • No HOA

708 N Manzanita Drive, Payson, AZ 85541

Compass

2 bed manufactured home at 8982 W SINGLE TREE Lane, Payson

Manufactured home for sale

$599,900

2 bds | 2 ba | 2,752 sqft | 1.38 acres

Mountain views • Horses allowed • No HOA

8982 W SINGLE TREE Lane, Payson, AZ 85541

Avenew Realty Inc

2 bed manufactured home at 110 E Pine Street, Payson

Manufactured home for sale

$253,000

2 bds | 2 ba | 980 sqft | 0.18 acres

Mountain views • No HOA

110 E Pine Street, Payson, AZ 85541

Delex Realty, LLC

2 bed house at 702 N Ponderosa Circle, Payson

House for sale

$299,000

2 bds | 2 ba | 1,056 sqft | 0.17 acres

No HOA

702 N Ponderosa Circle, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

3 bed house at 1111 S Elk Ridge Drive, Payson

Price cut: $20,000 (8/29)

House for sale

$659,000

3 bds | 3 ba | 2,304 sqft | 0.18 acres

Panoramic views • 3-car garage

1111 S Elk Ridge Drive, Payson, AZ 85541

HomeSmart Pros

3 bed manufactured home at 820 N Deer Creek Drive, Payson

Manufactured home for sale

$272,500

3 bds | 2 ba | 1,352 sqft | 0.25 acres

Mountain views

820 N Deer Creek Drive, Payson, AZ 85541

Desert 2 Mountain Realty

3 bed house at 702 N Bobby Jones Drive, Payson

Pending

House for sale

$289,900

3 bds | 2 ba | 1,230 sqft | 0.24 acres

Mountain views • No HOA • Fireplace

702 N Bobby Jones Drive, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

3 bed house at 108 S Forest Park Drive, Payson

House for sale

$435,000

3 bds | 2 ba | 1,422 sqft | 0.16 acres

Wooded views • 2-car garage • Fireplace

108 S Forest Park Drive, Payson, AZ 85541

PAYSON HOMES & LAND

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 $2M cost in Payson, AZ?: The median list price of homes under $2M for sale in Payson, AZ is $450,000, or $284 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 $2M in Payson, AZ?: Roughly $119,000 a year at the median list price of $450,000. With 20% down and a 30-year loan at this week's average rate of 7.18%, the payment comes to about $2,777 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 $2M for sale now have been listed for a median of 103 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 $2M are for sale in Payson, AZ right now?: There are 365 listings of homes under $2M in Payson, AZ: 308 for sale and 57 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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