Why Live in Payson
Payson is an up-and-coming neighborhood known for its historical charm and convenient location. Nestled amidst mountains and near Utah Lake, it offers abundant outdoor recreation opportunities. Memorial Park features pickleball courts, a playground, and an outdoor stage for concerts, while the Gene Hillman Recreational Complex hosts baseball, softball, and soccer fields. The Payson Community Pool is a popular spot for families. For scenic views, residents can explore the Mt. Nebo Loop or visit Lincoln Beach, 12 miles north. Historic Downtown Payson boasts old-timey rowhouse buildings, Eli’s Old School Ice Cream and Soda Shop, and the Huish Theatre for live entertainment. Main Street is home to Payson’s Market and a Walmart shopping center. The Nebo School District serves the area with eight schools, and the soon-to-open Mountainland Technical College will offer various programs. Housing options range from single-story cottages and ranch-style homes in Heritage Village to modern contemporary two-stories in Canyonway, with multi-million-dollar homes along Mount Loafer’s foothills. Payson has lower crime rates compared to state and national averages, though the area is at moderate wildfire risk. Community events like the Salmon Supper and Onion Days festival foster a strong local spirit. Commuters benefit from quick access to I-15, with Spanish Fork, Orem, and Provo within 25 miles, and Provo Airport 17 miles away.
Home Trends in Payson, UT
On average, homes in Payson, UT sell after 64 days on the market compared to the national average of 50 days. The median sale price for homes in Payson, UT over the last 12 months is $465,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$465,000
Median Single Family Sale Price
$531,000
Median Townhouse Sale Price
$384,900
Median 2 Bedroom Sale Price
$328,700
Average Price Per Sq Ft
$229
Number of Homes for Sale
88
Last 12 months Home Sales
270
Median List Price
$500,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
2%