Market Intelligence Report — AZ-740

Payson, AZ

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-AZ-09
As of the latest 2026 data
Very Weak

Median Listing

$500K
-0.0% YoY

Pending Ratio

0.21
-1.6% YoY

Active Inventory

475
+7.2% YoY

Median DOM

91 Days
-10.8% YoY

Primary Intelligence Tool — Sold Score™

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The Payson, AZ market is currently categorized as Very Weak, with demand absorption severely lagging supply. This is indicated by a pending ratio of 0.21, which signifies a substantial imbalance between pending listings and available inventory. Active listings have expanded year-over-year, further contributing to the supply overhang.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Payson market right now.

Active listings have increased by 7.2% year-over-year, contributing to a more ample supply environment. Concurrently, the pending ratio declined by 1.6% over the past year, reflecting diminished buyer activity relative to available inventory. Despite a marginal year-over-year median listing price stability at 0.0%, average listing prices have appreciated by 8.9% over the same period, suggesting divergent trends across price points. The share of price reductions has also increased by 5.9% year-over-year, indicating a need for price adjustments on a growing portion of inventory.

Historical Analysis

Market Trends

Median Price

$500K-3.7% MoM

Active Inventory

475+7.2% YoY

Days on Market

91-10.8% YoY

Sold Score™

19-1.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

19
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.21, inventory is accumulating, and the pace of transactions is slow. This environment suggests that properties are remaining on the market longer, requiring greater price discipline from sellers. Negotiating leverage is firmly with those acquiring properties, as inventory pressure is low and the absorption rate is limited.

Luxury Segment

The average listing price has increased by 8.9% year-over-year, while the median listing price remained flat, indicating a growing divergence between the higher and lower segments of the market. This spread, coupled with a slight year-over-year decline in median $/sqft, suggests some softening in the higher-priced tiers compared to the broader market trend.

Supply Dynamics

475 active listings represent the current floor, with new supply arriving at roughly 86 per month.

Pricing Pressure
28.7%

of active listings carry a price reduction, +5.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.4% year-over-year.

Absorption
0.21

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Payson, AZ? Homes here are taking 11 days less to sell than last year.

Buyers have leverage in Payson, AZ. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
21%
Median Days on Market
91 days
Inventory YoY
+7%

In a buyer's market, strategy beats timing. See how your home scores in Payson, AZ and what moves the number.

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Metro Demographics

Metro Area
Payson, AZ
CBSA Code
37740
State
AZ

ZIPs in Payson, AZ

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Payson?+

    As of the latest 2026 data, the Payson metro is classified as Very Weak. Pending ratio is 0.21 with median days on market at 91.

  • Are home prices dropping in Payson?+

    Median listing price is $500K, -0.0% year over year. 28.7% of active listings carry a price reduction.

  • How fast are homes selling in Payson?+

    The typical listing sits 91 days on market, a -10.8% change YoY. New listings are arriving at 86 per month.

  • What's happening in the Payson luxury market?+

    The average listing price has increased by 8.9% year-over-year, while the median listing price remained flat, indicating a growing divergence between the higher and lower segments of the market. This spread, coupled with a slight year-over-year decline in median $/sqft, suggests some softening in the higher-priced tiers compared to the broader market trend.

  • Where can I find a trusted Payson real estate expert?+

    Primpted maintains a vetted registry of Payson agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 37740 · 36mo history