Market Intelligence Report — AZ-740

Payson, AZ

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

Ref. No: 2026-AZ-08
As of the latest 2026 data
Very Weak

Median Listing

$519K
+3.8% YoY

Pending Ratio

0.20
+0.7% YoY

Active Inventory

474
-2.3% YoY

Median DOM

85 Days
-8.1% YoY

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The Payson, AZ market is currently categorized as Very Weak, with a pending ratio of 0.20, indicating severe demand absorption lag relative to available supply. This sub-0.25 threshold points to a deeply constrained market environment, despite a 0.7% year-over-year increase in the pending ratio from an even lower base.

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 shown a slight contraction of 2.3% over the past year, alongside a notable 22.7% increase in new listings, suggesting an influx of new supply despite existing inventory consolidation. Median listing prices have experienced a modest 3.8% year-over-year increase, though recent month-over-month data shows a 1.1% decline. Median days on market have decreased by 8.1% over the past year, indicating a slightly improved pace of transaction for available inventory.

Historical Analysis

Market Trends

Median Price

$519K-1.1% MoM

Active Inventory

474-2.3% YoY

Days on Market

85-8.1% YoY

Sold Score™

29+0.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

29
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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 0.20, current market dynamics suggest a significant absence of urgency in demand, placing considerable pressure on sellers to align price expectations with available absorption. The elevated supply relative to pending transactions limits the pace at which properties are moving, necessitating more disciplined pricing strategies to attract buyer interest and facilitate transactions.

Luxury Segment

The average listing price has risen by 13.2% over the past year, outpacing the 3.8% increase in the median listing price, and the median $/sqft increase of 0.7% has been modest. This divergence suggests some pricing strength at the higher tiers of the market, though not indicative of broad luxury-segment softness at present.

Supply Dynamics

474 active listings represent the current floor, with new supply arriving at roughly 108 per month.

Pricing Pressure
21.9%

of active listings carry a price reduction, -0.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.7% year-over-year.

Absorption
0.20

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Payson, AZ? Homes here are taking 8 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
20%
Median Days on Market
85 days
Inventory YoY
−2%

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 0.20 with median days on market at 85.

  • Are home prices dropping in Payson?+

    Median listing price is $519K, +3.8% year over year. 21.9% of active listings carry a price reduction.

  • How fast are homes selling in Payson?+

    The typical listing sits 85 days on market, a -8.1% change YoY. New listings are arriving at 108 per month.

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

    The average listing price has risen by 13.2% over the past year, outpacing the 3.8% increase in the median listing price, and the median $/sqft increase of 0.7% has been modest. This divergence suggests some pricing strength at the higher tiers of the market, though not indicative of broad luxury-segment softness at present.

  • 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