House Prices

House Prices & Home Values Payson, IL 2026


Average Data

average house price$162,350
average size per house1895 ft²
average price per ft²86 $ / ft²

04/23/2026 - The value range (VR) for house prices in Payson, IL is $84/ sqft to $84/ sqft. An average home with 1895 sqft costs approximately $159,180 to $159,180. Payson, IL includes 1 ZIP codes and it is located in Adams county. The lowest prices are found in ZIP 62360, while the highest are in ZIP 62360. The average price per sqare feet is $86. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Payson

6236091 $ / ft²




Historical development of home values in Payson

Year Estimated value (USD) Change vs. 2025
2010 $75,398 -53.6%
2011 $72,483 -55.4%
2012 $72,287 -55.5%
2013 $74,989 -53.8%
2014 $78,718 -51.5%
2015 $82,758 -49.0%
2016 $87,077 -46.4%
2017 $91,777 -43.5%
2018 $96,851 -40.3%
2019 $101,342 -37.6%
2020 $106,581 -34.4%
2021 $121,224 -25.3%
2022 $141,320 -13.0%
2023 $149,029 -8.2%
2024 $157,650 -2.9%
2025 $162,350 0.0%

Graph: estimated home values in Payson over time (USD)



Example: 100% financing house in Payson

Loan amount: $162,350

Interest rate: 6.00%

Fixed monthly payment: $973.37

Breakdown in the 1st month:
Interest portion: $811.75  –  Principal portion: $161.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,686.77 $1,993.68 $160,356.32
2 $9,563.80 $2,116.64 $158,239.68
3 $9,433.25 $2,247.19 $155,992.49
4 $9,294.65 $2,385.79 $153,606.69
5 $9,147.50 $2,532.95 $151,073.75
6 $8,991.27 $2,689.17 $148,384.58
7 $8,825.41 $2,855.03 $145,529.54
8 $8,649.32 $3,031.13 $142,498.42
9 $8,462.36 $3,218.08 $139,280.34
10 $8,263.88 $3,416.56 $135,863.77
11 $8,053.15 $3,627.29 $132,236.49
12 $7,829.43 $3,851.01 $128,385.47
13 $7,591.91 $4,088.53 $124,296.94
14 $7,339.74 $4,340.71 $119,956.23
15 $7,072.01 $4,608.43 $115,347.80
16 $6,787.77 $4,892.67 $110,455.13
17 $6,486.00 $5,194.44 $105,260.69
18 $6,165.62 $5,514.82 $99,745.87
19 $5,825.48 $5,854.96 $93,890.91
20 $5,464.36 $6,216.08 $87,674.82
21 $5,080.96 $6,599.48 $81,075.34
22 $4,673.92 $7,006.52 $74,068.82
23 $4,241.78 $7,438.67 $66,630.16
24 $3,782.98 $7,897.47 $58,732.69
25 $3,295.88 $8,384.57 $50,348.12
26 $2,778.74 $8,901.71 $41,446.42
27 $2,229.70 $9,450.75 $31,995.67
28 $1,646.80 $10,033.65 $21,962.02
29 $1,027.94 $10,652.50 $11,309.52
30 $370.92 $11,309.52 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Payson, IL


1500 sqft3900 sqft
Ø selling price$156,090$332,046
Ø fast selling$141,900$298,842
Ø high price sale$170,280$365,251

In 2026, houses in Payson, IL will be offered at an average price of $86 per square foot. A 1,500 sqft home priced at $156,090 is 24.82% more expensive per square foot than a 3,900 sqft home priced at $332,046. Home prices in Payson, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $229,879. Sellers who can wait longer may achieve a higher price of up to $280,963.

FAQ – Home Values in Payson

What is the median home value in Payson in 2026?

In 2026, the typical home value in Payson is about $162,350 for an average home size of 1895 square feet. This corresponds to an average price of roughly $86 per square foot.

What is the average cost per square foot in Payson?

In 2026, homes in Payson sell for an average of around $86 per square foot, with a typical range between $84 and $84 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Payson is about 1895 square feet, with an estimated 2026 value around $162,350.



Locations close to Payson, IL

Pearl, IL161 $ / ft²
Perry, IL45 $ / ft²
Pittsfield, IL43 $ / ft²
Paloma, IL41 $ / ft²
Niota, IL77 $ / ft²
New Salem, IL64 $ / ft²




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