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Payson, AZ 85541 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Payson, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 181181PendingPending sales: 77
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): $475k$475kSoldMedian sold price (last 6 months): $399k$399k
What homes actually sell for in Payson, AZ
Distribution of 367 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $295k to $575k
$97k to $238k: 37 sales$97k$238k to $379k: 112 sales112sales$379k to $520k: 92 sales$379k$520k to $661k: 39 sales$661k to $802k: 20 sales$661k$802k to $943k: 16 sales$943k to $1.08M: 7 sales$943k$1.08M to $1.22M: 8 salesMedian $399k

What the numbers say

As of October 26, 2026, Resideline is tracking 181 active listings and 7 pending sales in ZIP code 85541. That pending-to-active ratio of 0.04 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $475,000, while the median of the 367 closed sales Resideline tracked over the last six months was $399,000. 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. Resideline has been seeing the median active listing in 85541 for 107 days.

Frequently asked questions

What is the median home price in 85541?

The median closed sale price in Payson, AZ 85541 was $399,000 over the last six months, based on 367 closed sales tracked by Resideline. The middle half of those sales ranged from $295,000 to $575,000.

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

Resideline is currently tracking 7 pending sales against 181 active listings in 85541, a pending-to-active ratio of 0.04. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 85541 is currently a slower-moving market.

Nearby ZIP code market data

Full Payson, AZ housing market report →

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