House Prices

House Prices & Home Values Payson, UT 2026


Average Data

average house price$426,284
average size per house2499 ft²
average price per ft²171 $ / ft²

05/19/2026 - The value range (VR) for house prices in Payson, UT is $173/ sqft to $173/ sqft. An average home with 2499 sqft costs approximately $432,327 to $432,327. Payson, UT includes 1 ZIP codes and it is located in Utah county. The lowest prices are found in ZIP 84651, while the highest are in ZIP 84651. The average price per sqare feet is $171. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Payson

84651165 $ / ft²




Historical development of home values in Payson

Year Estimated value (USD) Change vs. 2025
2010 $197,974 -53.6%
2011 $190,318 -55.4%
2012 $189,806 -55.5%
2013 $196,900 -53.8%
2014 $206,691 -51.5%
2015 $217,299 -49.0%
2016 $228,639 -46.4%
2017 $240,980 -43.5%
2018 $254,303 -40.3%
2019 $266,094 -37.6%
2020 $279,850 -34.4%
2021 $318,299 -25.3%
2022 $371,066 -13.0%
2023 $391,306 -8.2%
2024 $413,943 -2.9%
2025 $426,284 0.0%

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



Example: 100% financing house in Payson

Loan amount: $426,284

Interest rate: 6.00%

Fixed monthly payment: $2,555.79

Breakdown in the 1st month:
Interest portion: $2,131.42  –  Principal portion: $424.37

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $25,434.64 $5,234.82 $421,049.18
2 $25,111.77 $5,557.69 $415,491.49
3 $24,768.98 $5,900.48 $409,591.02
4 $24,405.05 $6,264.40 $403,326.61
5 $24,018.68 $6,650.78 $396,675.83
6 $23,608.47 $7,060.98 $389,614.85
7 $23,172.97 $7,496.49 $382,118.36
8 $22,710.60 $7,958.86 $374,159.50
9 $22,219.71 $8,449.74 $365,709.76
10 $21,698.55 $8,970.90 $356,738.86
11 $21,145.25 $9,524.21 $347,214.65
12 $20,557.81 $10,111.64 $337,103.00
13 $19,934.15 $10,735.31 $326,367.70
14 $19,272.02 $11,397.44 $314,970.26
15 $18,569.05 $12,100.41 $302,869.86
16 $17,822.72 $12,846.73 $290,023.12
17 $17,030.37 $13,639.09 $276,384.03
18 $16,189.14 $14,480.32 $261,903.71
19 $15,296.02 $15,373.43 $246,530.28
20 $14,347.82 $16,321.63 $230,208.65
21 $13,341.14 $17,328.32 $212,880.33
22 $12,272.37 $18,397.09 $194,483.24
23 $11,137.67 $19,531.78 $174,951.46
24 $9,933.00 $20,736.46 $154,215.00
25 $8,654.02 $22,015.44 $132,199.57
26 $7,296.15 $23,373.30 $108,826.26
27 $5,854.54 $24,814.92 $84,011.35
28 $4,324.01 $26,345.45 $57,665.90
29 $2,699.08 $27,970.38 $29,695.53
30 $973.93 $29,695.53 $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, UT


1500 sqft3900 sqft
Ø selling price$310,365$660,231
Ø fast selling$282,150$594,208
Ø high price sale$338,580$726,255

In 2026, houses in Payson, UT will be offered at an average price of $171 per square foot. A 1,500 sqft home priced at $310,365 is 21.87% more expensive per square foot than a 3,900 sqft home priced at $660,231. Home prices in Payson, UT vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $457,084. Sellers who can wait longer may achieve a higher price of up to $558,658.


Payson UT City Guide

Overview

Payson, UT is a family-friendly city in southern Utah County known for its small-town charm and mountain views.
Located along I-15 about 15 minutes south of Provo, Payson offers an easy commute while maintaining a relaxed pace.
The historic downtown showcases brick storefronts, local eateries, and murals that celebrate the city?s pioneer heritage.

Outdoor recreation and events

Things to do in Payson UT include exploring the Nebo Loop Scenic Byway, where Payson Canyon and Payson Lakes provide hiking, fishing, fall colors, and camping.
Popular community traditions include the annual Golden Onion Days festival, car shows, and summer concerts in the park.
Families appreciate plentiful parks, a modern recreation center, and youth sports that foster year-round activity.

Living, schools, and real estate

The local economy blends agriculture, healthcare, light manufacturing, and growing small businesses that benefit from regional growth.
New housing developments complement established neighborhoods, giving homebuyers a range of options in the Payson Utah real estate market.
Schools in the Nebo School District, nearby higher education in Provo, and convenient healthcare services support a high quality of life.
Whether you are planning a weekend visit or a permanent move, Payson Utah offers scenic beauty, affordability, and a welcoming community.



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 $426,284 for an average home size of 2499 square feet. This corresponds to an average price of roughly $171 per square foot.

What is the average cost per square foot in Payson?

In 2026, homes in Payson sell for an average of around $171 per square foot, with a typical range between $173 and $173 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 2499 square feet, with an estimated 2026 value around $426,284.



Locations close to Payson, UT

Redmond, UT113 $ / ft²
Salem, UT211 $ / ft²
Salina, UT102 $ / ft²
Oak City, UT107 $ / ft²
Nephi, UT138 $ / ft²
Mount Pleasant, UT132 $ / ft²
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