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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Payson, AZ Homes for Sale Under $2M

Including Payson & Star Valley listings

365 listings

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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

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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

3 bed house at 2806 E Coyote Mint Circle, Payson

Price cut: $50,000 (10/18)

House for sale

$1,200,000

3 bds | 3 ba | 2,292 sqft | 0.34 acres

Panoramic views • 3-car garage • Fireplace

2806 E Coyote Mint Circle, Payson, AZ 85541

West USA Realty

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

2 bed manufactured home at 900 W Granada Way, Payson

Under Contract

Manufactured home for sale

$285,000

2 bds | 2 ba | 1,398 sqft | 0.14 acres

900 W Granada Way, Payson, AZ 85541

HomeSmart Pros

4 bed house at 8135 W Gibson Ranch Road, Payson

Price cut: $900 (9/25)

House for sale

$649,000

4 bds | 3 ba | 2,080 sqft | 3.66 acres

Panoramic views • Horses allowed • No HOA

8135 W Gibson Ranch Road, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

House for sale

$437,777

3 bds | 2 ba | 1,338 sqft | 0.24 acres

Mountain views • 2-car garage

132 W Lucky Lane, Payson, AZ 85541

ARIZONA RESOURCE REALTY

4 bed house at 237 W Wipila Wiki Drive, Payson

Price cut: $25,500 (10/2)

House for sale

$969,500

4 bds | 4 ba | 3,280 sqft | 0.51 acres

Panoramic views • Basement • 2-car garage

237 W Wipila Wiki Drive, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

2 bed house at 301 N Titel Street, Payson

Price cut: $5,000 (10/16)

House for sale

$330,000

2 bds | 2 ba | 864 sqft | 0.2 acres

No HOA • 1-car garage

301 N Titel Street, Payson, AZ 85541

Real Broker

Price cut: $19,000 (10/16)

House for sale

$380,000

3 bds | 1 ba | 1,188 sqft | 0.18 acres

Mountain views • No HOA • Fireplace

10 E MARS Lane, Payson, AZ 85541

ERA-Young Realty & Investment

3 bed house at 323 W ROUNDUP Road, Payson

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

House for sale

$525,000

3 bds | 2 ba | 1,764 sqft | 0.48 acres

Wooded views • No HOA • 4-car garage

323 W ROUNDUP Road, Payson, AZ 85541

Century 21 Arizona Foothills

3 bed house at 1105 E FRONTIER Street, Payson

Pending

House for sale

$494,900

3 bds | 2 ba | 1,467 sqft | 0.22 acres

New construction • Mountain views • No HOA

1105 E FRONTIER Street, Payson, AZ 85541

KJ Elite Realty

3 bed house at 1302 W Lake Drive, Payson

House for sale

$455,000

3 bds | 2 ba | 1,591 sqft | 0.4 acres

Mountain views • No HOA • 2-car garage

1302 W Lake Drive, Payson, AZ 85541

ARIZONA RESOURCE REALTY

3 bed house at 2506 E Feather Plume Court, Payson

378 days on market

House for sale

$797,500

3 bds | 3 ba | 2,272 sqft | 0.38 acres

Panoramic views • Basement • 2-car garage

2506 E Feather Plume Court, Payson, AZ 85541

ERA YOUNG REALTY-PAYSON

3 bed manufactured home at 1211 N HEATHER Circle, Payson

Price cut: $59,100 (10/15)

Manufactured home for sale

$799,900

3 bds | 2 ba | 1,680 sqft | 1.22 acres

Panoramic views • Horses allowed • No HOA

1211 N HEATHER Circle, Payson, AZ 85541

West USA Realty - Happy Jack

3 bed house at 930 W Country Lane, Payson

73 days on market

House for sale

$414,900

3 bds | 2 ba | 1,310 sqft | 0.17 acres

Wooded views • 2-car garage

930 W Country Lane, Payson, AZ 85541

REALTY EXECUTIVES ARIZONA TERR

6 bed house at 4678 N BEAR FLAT Road, Payson

Price cut: $55,000 (10/6)

House for sale

$1,695,000

6 bds | 4 ba | 4,378 sqft | 1.73 acres

Waterfront • Mountain views • Horses allowed

4678 N BEAR FLAT Road, Payson, AZ 85541

eXp Realty

Price cut: $50,000 (10/14)

House for sale

$649,000

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

Mountain views • Horses allowed • No HOA

873 W Colt Lane, Payson, AZ 85541

My Home Group Real Estate, LLC

3 bed house at 219 W ESTATE Lane, Payson

Under Contract

House for sale

$379,000

3 bds | 2 ba | 1,550 sqft | 0.2 acres

No HOA

219 W ESTATE Lane, Payson, AZ 85541

HomeSmart

2 bed house at 1101 N Carefree Circle, Payson

Price cut: $29,000 (9/16)

House for sale

$350,000

2 bds | 2 ba | 1,182 sqft | 0.15 acres

No HOA • Fireplace • 1-car garage

1101 N Carefree Circle, Payson, AZ 85541

COLDWELL BANKER BISHOP REALTY - PAYSON

2 bed house at 303 E Rancho Road, Payson

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

House for sale

$255,000

2 bds | 1 ba | 1,092 sqft | 0.16 acres

No HOA • Fireplace

303 E Rancho Road, Payson, AZ 85541

Real Broker

2 bed manufactured home at 606 E TIMBER Drive, Payson

Price cut: $9,900 (10/14)

Manufactured home for sale

$255,000

2 bds | 2 ba | 1,344 sqft | 0.17 acres

Mountain views • No HOA

606 E TIMBER Drive, Payson, AZ 85541

HomeSmart Realty

3 bed condo at 923 W Madera Lane, Payson

Price cut: $15,000 (10/14)

Condo for sale

$305,000

3 bds | 2 ba | 1,288 sqft | 0.04 acres

Mountain views • Fireplace

923 W Madera Lane, Payson, AZ 85541

ARIZONA RESOURCE REALTY

121 days on market

House for sale

$490,000

5 bds | 3 ba | 3,168 sqft | 0.2 acres

No HOA • 2-car garage • Fireplace

608 E Gila Lane, Payson, AZ 85541

HomeSmart Pros

4 bed house at 159 E EL CAMINO DEL REY, Payson

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

House for sale

$475,000

4 bds | 2 ba | 2,100 sqft | 0.67 acres

Mountain views • Fireplace

159 E EL CAMINO DEL REY, Payson, AZ 85541

Realty ONE Group

2 bed house at 389 N NELLIE Drive, Payson

House for sale

$149,900

2 bds | 1 ba | 1,008 sqft | 0.26 acres

Panoramic views • No HOA

389 N NELLIE Drive, Payson, AZ 85541

Fathom Realty Elite

Price cut: $4,000 (10/12)

House for sale

$295,000

4 bds | 2 ba | 1,455 sqft | 0.24 acres

No HOA • Fireplace

207 E Aero Drive, Payson, AZ 85541

Delex Realty, LLC

3 bed manufactured home at 905 N William Tell Circle, Payson

Manufactured home for sale

$240,000

3 bds | 2 ba | 1,520 sqft | 0.15 acres

No HOA • Fireplace • 1-car garage

905 N William Tell Circle, Payson, AZ 85541

COLDWELL BANKER BISHOP REALTY - PAYSON

2 bed house at 203 W Chateau Circle, Payson

Price cut: $10,000 (10/12)

House for sale

$315,000

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

No HOA • 2-car garage

203 W Chateau Circle, 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 $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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