Real Estate Market Update for Payson, AZ
Welcome to January's Market Update. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 20% from one year earlier, and down 15% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 350-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 18%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 210-thousand dollars. The number of units sold increased 22% year-over-year, and decreased 4% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Payson, AZ
Area Information for Payson, AZ
  • Population: 14,955
  • Median Age: 53.25 yr
  • Median Commute Time: 16 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 768/sq mi
  • Population Change Since 2000: 12.29%
  • Closest Airport: Flagstaff Pulliam
  • Closest College: Frank Lloyd Wright Schl Of Architecture
  • Closest Jr. College: Central Az College-superstition Mtn Cmps
  • Median Household Income: $42,045
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $168,950
  • Closest Major Sports Team: Arizona Giants (r)
  • Change Avg. Household Income Since 2000: 18.9%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Payson, AZ
Median Age: 53.25 Married: 49% Number of Households: 6,725 Households with Children: 1,133
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Payson, AZ

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Payson Community Christian School 7.7 mi Private PRESCHOOL-12 0 4
      Payson Center For Success High School 8.5 mi Public 9-12 2 5
      Payson Virtual Academy 8.5 mi Public 7-12 0 0
      Navit - Payson High School 8.5 mi Public 9-12 0 0
      Rim Country Middle School 8.5 mi Public 6-8 2-5 3
      Payson High School 8.7 mi Public 9-12 2 3
      Julia Randall Elementary School 8.8 mi Public 3-5 2-5 4
      Payson Elementary School 9.5 mi Public K-2 0 4
      The Shelby School 59.1 mi Public K-10 0 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for Payson, AZ
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.