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PAYSON, UT 84651

Real Estate Market Report  ·  Utah County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PAYSON, UT real estate market (84651) currently shows 147 active listings, with 47 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are selling faster, averaging 40 days on market compared to 44 days last year.

The median listing price has fallen 11.6% year-over-year, from $569,900 to $503,663.

Whether you are buying or selling in PAYSON, UT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 28,593  ·  Density: 87.1/mi²  ·  Median household income: $90,774

Typical home value: $371,459  ·  Homeownership: 84.6%

Market Overview

Active Listings
147
⇧ 18.5% vs 124 last year
Pending
47
32% pending ratio
Median Price
$503,663
⇩ 11.6% vs $569,900 last year
Average Price
$727,537
⇧ 9.3% vs $665,570 last year
Days on Market
40
⇩ 9.1% vs 44 days last year

Price Per Square Foot

Median $/sqft
$218
⇧ 5.3% vs $207/sqft last year
Median Home Size
2,399 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 147 this year vs 124 last year
  • Days on market: 40 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $503,663 (-11.6% YoY)
  • Average: $727,537 (+9.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 31.5 miles — 1,573 listings ($1,303,812,901 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
84651Payson, UT 846510.0 mi137$97,953,493$526,250$714,989
84653Salem, UT 846536.5 mi229$216,335,842$678,400$944,698
84633Goshen, UT 8463310.6 mi2$4,375,000$2,187,500$2,187,500
84660Spanish Fork, UT 8466014.5 mi240$178,674,480$634,900$744,477
84629Fairview, UT 8462918.5 mi24$18,792,672$599,000$783,028
84663Springville, UT 8466319.6 mi104$140,232,248$509,725$1,348,387
84632Fountain Green, UT 8463221.7 mi3$1,385,001$405,000$461,667
84628Eureka, UT 8462823.4 mi8$2,963,864$354,775$370,483
84059Vineyard, UT 8405924.2 mi40$27,713,560$658,425$692,839
84045Saratoga Springs, UT 8404525.6 mi587$356,890,130$547,450$607,990
84604Provo, UT 8460426.7 mi87$172,033,017$603,500$1,977,391
84062Pleasant Grove, UT 8406229.7 mi106$82,267,236$587,500$776,106
84013Cedar Valley, UT 8401331.5 mi6$4,196,358$643,250$699,393

Frequently Asked Questions

How many homes are for sale in PAYSON, UT 84651?

As of March 2026, there are 147 active listings in PAYSON, UT (zip code 84651), compared to 124 the prior year.

What is the median home price in PAYSON, UT 84651?

The median listing price in PAYSON, UT 84651 is $503,663 as of March 2026, a 11.6% decrease from $569,900 the prior year.

How long do homes stay on the market in PAYSON, UT?

Homes in PAYSON, UT 84651 spend an average of 40 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in PAYSON, UT 84651?

Based on current inventory and days-on-market data as of March 2026, PAYSON, UT 84651 is currently a Balanced Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 44 days last year.

How much can I save on real estate commission in PAYSON, UT?

With SELL123.com's maximum 3% commission, sellers in PAYSON, UT 84651 save an estimated $10,073 compared to a typical 5% commission on the median listing price of $503,663. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.