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Payson, AZ 85541 Housing Market

Data snapshot: October 5, 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: 178178PendingPending 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): $395k$395k
What homes actually sell for in Payson, AZ
Distribution of 392 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $295k to $575k
$100k to $241k: 39 sales$100k$241k to $382k: 126 sales126sales$382k to $523k: 90 sales$382k$523k to $665k: 41 sales$665k to $806k: 23 sales$665k$806k to $947k: 17 sales$947k to $1.09M: 7 sales$947k$1.09M to $1.23M: 9 salesMedian $395k

What the numbers say

As of October 5, 2026, Resideline is tracking 178 active listings and 7 pending sales in ZIP code 85541. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $474,950, while the median of the 392 closed sales Resideline tracked over the last six months was $395,000. 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 88 days.

Frequently asked questions

What is the median home price in 85541?

The median closed sale price in Payson, AZ 85541 was $395,000 over the last six months, based on 392 closed sales tracked by Resideline. The middle half of those sales ranged from $294,999 to $575,000.

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

Resideline is currently tracking 7 pending sales against 178 active listings in 85541, a pending-to-active ratio of 0.04. 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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