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Payson, AZ 85541 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Payson, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.88
ActiveActive listings: 4242PendingPending sales: 3737
Payson, AZ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $510k$510kSoldMedian sold price (last 6 months): $400k$400k
What homes actually sell for in Payson, AZ
Distribution of 391 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $305k to $590k
$92k to $224k: 32 sales$92k$224k to $356k: 99 sales99sales$356k to $489k: 98 sales$356k$489k to $621k: 56 sales$621k to $753k: 25 sales$621k$753k to $886k: 22 sales$886k to $1.02M: 12 sales$886k$1.02M to $1.15M: 7 salesMedian $400k

What the numbers say

As of August 26, 2026, Resideline is tracking 42 active listings and 37 pending sales in ZIP code 85541. That pending-to-active ratio of 0.88 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $509,950, while the median of the 391 closed sales Resideline tracked over the last six months was $400,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 85541 has been on the market for 1 days.

Frequently asked questions

What is the median home price in 85541?

The median closed sale price in Payson, AZ 85541 was $400,000 over the last six months, based on 391 closed sales tracked by Resideline. The middle half of those sales ranged from $305,000 to $590,000.

Is 85541 a buyer's or seller's market?

Resideline is currently tracking 37 pending sales against 42 active listings in 85541, a pending-to-active ratio of 0.88. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 85541 currently looks like a seller's market.

Nearby ZIP code market data

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