Payson, AZ Metro Area has seen a significant increase in housing value over the past year, with median values rising 14.29% compared to the 8.27% national average. The current median value of housing in Payson is $331,900, which is slightly lower than the national median value of $338,100. Despite this difference, it is clear that Payson is experiencing a strong housing market in comparison to the rest of the country. This can be attributed to the area's attractive location and natural beauty making it an attractive destination for people looking to purchase a home.
The median home cost in Payson Metro Area is $331,900. Home appreciation the last 10 years has been 142.0%. Home Appreciation in Payson Metro Area is up 19.1%.
Average Age of Homes
- The median age of Payson Metro Area real estate is 34 years old
The Rental Market in Payson Metro Area
- Renters make up 17.5% of the Payson Metro Area population
- 0.9% of houses and apartments in Payson Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.