Payson, UT Housing

The housing market in Payson, UT is booming. The median value of homes there is $425,000, which is significantly higher than the US median value of $338,100. In the past year, US homes have appreciated by 8.27%, while homes in Payson have seen an even more impressive appreciation rate of 10.89%. This indicates a strong demand for housing in Payson and suggests that it could be a great place to invest in real estate.

The median home cost in Payson is $425,000. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Payson is up 16.1%.

Average Age of Homes

- The median age of Payson real estate is 25 years old

The Rental Market in Payson

- Renters make up 22.6% of the Payson population
- 0.4% of houses and apartments in Payson, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Payson, Utah	United States
	6,168.0	139,647,020.0
	27	42
	$425,000	$338,100
	16.1%	16.6%
	84.2%	57.0%
	166.8%	101.1%
	$5.28	$10.98
	$1,469	$2,690
	76.0%	57.4%
	5.1%	11.2%
	18.9%	31.4%
Vacant Housing
	0.4%	1.9%
	0.5%	0.4%
	0.6%	0.7%
	1.0%	0.4%
	1.0%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	0.6%	2.4%
	0.9%	2.8%
	2.7%	3.9%
	0.0%	4.5%
	4.2%	11.3%
	10.8%	13.0%
	36.0%	20.1%
	28.1%	13.6%
	8.0%	8.3%
	5.1%	9.7%
	0.9%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.7%	0.2%
	27.5%	13.6%
	27.5%	13.6%
	18.6%	13.6%
	5.8%	13.2%
	16.6%	14.8%
	18.6%	13.6%
	3.0%	10.0%
	4.9%	4.7%
	9.6%	12.2%