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Payson, AZ 85541 Housing Market

Data snapshot: September 7, 2026. Closed-sale window: last 6 months.
Payson, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.11
ActiveActive listings: 3737PendingPending sales: 4141
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): $505k$505kSoldMedian sold price (last 6 months): $402k$402k
What homes actually sell for in Payson, AZ
Distribution of 382 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $592k
$100k to $232k: 32 sales$100k$232k to $365k: 104 sales104sales$365k to $497k: 96 sales$365k$497k to $630k: 47 sales$630k to $762k: 26 sales$630k$762k to $895k: 18 sales$895k to $1.03M: 12 sales$895k$1.03M to $1.16M: 9 salesMedian $402k

What the numbers say

As of September 7, 2026, Resideline is tracking 37 active listings and 41 pending sales in ZIP code 85541. That pending-to-active ratio of 1.11 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $505,000, while the median of the 382 closed sales Resideline tracked over the last six months was $401,500. 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 $401,500 over the last six months, based on 382 closed sales tracked by Resideline. The middle half of those sales ranged from $300,000 to $592,500.

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

Resideline is currently tracking 41 pending sales against 37 active listings in 85541, a pending-to-active ratio of 1.11. 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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