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Multi-family Foreclosures in Payson, AZ

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Payson, AZ Foreclosures

Current Market Conditions in in Payson, AZ As of March 2026?
In the past month, Payson's real estate market has shown signs of stabilization, with a slight increase in average home prices, indicating continued interest among buyers. Properties that are well-priced and show well are still moving quickly, often receiving multiple offers. Inventory levels remain low compared to the previous year, creating a strong seller's market. This trend suggests buyers need to be prepared to act fast when finding their ideal home in this desirable area.
How much do homes sell for in Payson, AZ?
The average home price is currently $449,130.
In Payson, AZ, how many homes are available?
There are currently 1 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 $12,358,674.
What is currently the cheapest priced home in Payson, AZ?
The cheapest home for sale in Payson is priced at $10,961.

Living in Payson, AZ

Payson, AZ is a charming and scenic town located in the heart of the Mogollon Rim. With abundant outdoor recreation opportunities, a tight-knit community, and a rich cultural heritage, Payson is an ideal location for those seeking both adventure and tranquility. Its beautiful landscapes and mild climate make it a wonderful place to call home.

Buyer vs Seller Market in Payson, AZ

The real estate market in Payson is currently experiencing a robust surge, with home prices gradually increasing as demand continues to outstrip supply. With its scenic beauty and attractive lifestyle, many buyers are looking to purchase second homes or retire in the area, which has propelled market growth. The inventory remains competitive, drawing attention from both local and out-of-state buyers.

Over the past few months, homes in Payson have seen a rise in value, attributed to the increased desire for homeowners to seek more space and serenity, especially during and after the pandemic.

Home Value Estimator For Payson, AZ

There are currently 16,242 real estate properties in Payson, AZ, with a median automated valuation model (AVM) price of $357,419.00. 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 $449,130.00, with the most expensive house in Payson, AZ, topping out at $12,358,674.00 and the cheapest home in Payson, AZ, clocking in at $10,961.00. 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.

Payson, AZ Multi-family Homes


Market Trend for Payson, AZ

Total Listings Available: 1

Market Values:

Home Prices from $10,961 to $12,358,674

Average Sales Price: $449,130

Rental Values:

Rental from $670 to $4,120

Average Rent Value: $1,426 / month

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