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Payson, AZ 85541 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Payson, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 172172PendingPending sales: 99
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): $386k$386kSoldMedian sold price (last 6 months): $399k$399k
What homes actually sell for in Payson, AZ
Distribution of 377 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $295k to $585k
$92k to $231k: 34 sales$92k$231k to $369k: 108 sales108sales$369k to $508k: 97 sales$369k$508k to $646k: 37 sales$646k to $785k: 27 sales$646k$785k to $923k: 19 sales$923k to $1.06M: 10 sales$923k$1.06M to $1.2M: 8 salesMedian $399k

What the numbers say

As of September 14, 2026, Resideline is tracking 172 active listings and 9 pending sales in ZIP code 85541. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $386,500, while the median of the 377 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 84 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 377 closed sales tracked by Resideline. The middle half of those sales ranged from $295,000 to $585,000.

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

Resideline is currently tracking 9 pending sales against 172 active listings in 85541, a pending-to-active ratio of 0.05. 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 balanced market.

Nearby ZIP code market data

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