
Payson, UT Housing Market
$471,307
1.6% 1-yrThe average Payson, UT home value is $471,307, up 1.6% over the past year, and homes go to pending in around 36 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Payson Key Takeaways
Typical Home Values: $471,307
1-Year Value Change: +1.6%
(Data through August 31, 2026)
Payson Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Payson
- NameMedian ZHVI
- Benjamin$1,024,609
- Lake Shore$1,057,618
- Palmyra--
- Lakewood$461,356
- Provo Bay$480,453
- Sunset$505,827
- Spring Creek$346,902
- East Bay--
- Franklin South$330,097
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Payson Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Payson, UT?
The median home value in Payson, UT is $471,307 as of August 2026. This represents a 0.4% increase compared to last month and a 1.6% increase year-over-year.
How have home values changed in Payson, UT?
Home values in Payson, UT have increased by 0.4% month-over-month and 1.6% year-over-year.
How do home values in Payson, UT compare to Utah County, Utah, and the national average?
The median home value in Payson, UT ($471,307) compares to: Utah County ($540,766), Utah ($534,582), and the U.S. national median ($368,697).

