Payson, AZ Foreclosures
How much do homes sell for in Payson, AZ?
The average home price is currently $429,704.
In Payson, AZ, how many homes are available?
There are currently 348 active home listings available in Payson.
What’s the average rental cost in Payson, AZ?
The average rental price in Payson is $1,426.
What is the most expensive home in Payson?
The most expensive home sold in Payson had a price of $12,176,839.
What is currently the cheapest priced home in Payson, AZ?
The cheapest home for sale in Payson is priced at $11,114.
Living in Payson, AZ
Payson, AZ, is a picturesque town located in the heart of Arizona's Rim Country, known for its stunning natural beauty and vibrant community. With numerous outdoor activities and a welcoming atmosphere, it's an ideal location for families and adventure seekers alike. Enjoy a small-town lifestyle while being close to great amenities and recreational opportunities.
Current Market Conditions in Payson, AZ
The real estate market in Payson, AZ, is experiencing a steady growth trend, characterized by increasing demand for homes due to its picturesque landscapes and outdoor recreational offerings. Many buyers are drawn to the area for its affordability compared to larger urban settings, leading to a competitive environment for available properties.
Historically, Payson has seen fluctuations in its housing market, but recent trends show a notable increase in home prices and a decrease in inventory, indicating a seller's market. This growth has attracted the attention of both primary residents and investors, prompting further development in the area.
Home Value Estimator For Payson, AZ
There are currently 13,636 real estate properties
in Payson, AZ,
with a median automated valuation model (AVM) price
of $359,477.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Payson, AZ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Payson, AZ,
is $429,704.00, with the most expensive house
in Payson, AZ, topping out
at $12,176,839.00 and the cheapest home
in Payson, AZ,
clocking in at $11,114.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Payson, AZ!
Rent Prices
In Payson, AZ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Payson, AZ, is on
a rollercoaster ride. The
average rent price in Payson, AZ,
is $1,426.00. Indeed, when looking to rent in
Payson, AZ, you can expect to pay as little
as $670.00 or as much
as $4,120.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Payson, AZ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
