Is Payson, UT 84651 a buyer’s or seller’s market?

The Payson housing market right now

In the three months ending August 31, 2026, 14% of homes in Payson, UT 84651 sold above their list price, the typical home went under contract in 64 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 104 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold more slowly (49 days then) and the median sale price rose 4% to $479,792. Overall, Payson is less competitive than a year ago, which gives buyers more room.

Within Utah County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in 81%. On our competition score, Payson ranks #72 of 110 UT ZIP codes with enough sales (score 36 out of 100).

Nearby, buyers who want less competition could look at Goshen 84633 (0% sold over asking) or Alpine 84004 (9% sold over asking), while Cedar Valley 84013 (50% sold over asking) and Mapleton 84664 (26% sold over asking) are even more competitive.