The Median Value of housing in 85541 Payson, AZ is $402,100 which is higher than the US median value of $338,100. In the last year, the US house appreciation rate was 8.27%, whereas the house appreciation rate in 85541 Payson, AZ was 14.29%. This suggests that there has been a greater increase in housing prices in Payson than across the US as a whole. The high appreciation rate could be indicative of increased demand for housing in the area or an increase in investment.
The median home cost in Payson (zip 85541) is $402,100. Home appreciation the last 10 years has been 138.7%. Home Appreciation in Payson (zip 85541) is up 18.9%.
Average Age of Homes
- The median age of Payson (zip 85541) real estate is 30 years old
The Rental Market in Payson (zip 85541)
- Renters make up 16.5% of the Payson (zip 85541) population
- 1.3% of houses and apartments in Payson (zip 85541), 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.