Payson

Payson

Located in Gila County

$312 Average Price per Sq Ft
320 Homes For Sale

The heart of Arizona

Nicknamed the "Heart of Arizona," the small town of Payson is set in just about the center of the state. This is what's known as Rim Country, close to the Mogollon Rim of the Colorado Plateau and surrounded by the mountains, lakes, pines and desert of the almost 3 million-acre Tonto National Forest. “I love living here because I can go fishing, kayaking, hiking and horseback riding,” says Payson resident Kathy Justesen, a Realtor with West USA Realty. “Everything is so close. In 15 minutes, I can be on the water or hiking in the forest.” Wildlife sightings are common, according to fourth-generation Payson native Hannah Lusk, an agent with ERA Young Real Estate and Investment. “Elk cross the street and roam the town,” she says. “I'll commonly see them lying in my neighbors' yards on my way to work."

Many of Payson’s nearly 17,000 residents are either retirees or live in the community part time; according to Lusk, those still in the workforce commonly commute 90 miles to Phoenix. “There are a lot of second homeowners here who want a cabin in the woods or just a place to escape from the summer heat in the Valley,” Justesen says. “A lot of people from out of state are also purchasing a second home here for when they retire. The weather is pretty mild, so we have four seasons and we’re about 20 degrees cooler than Phoenix in the summer.”

A wide range of housing options to a wide range of budgets and lifestyles

As of late 2024, Payson’s median home price is nearly $435,000, up 2% from the previous year and compared to Phoenix's $441,000. Payson's average home value is $438,000, compared to the nation's $554,000.

Homes in Payson date as far back as the late 20th century and options include manufactured homes, townhouses and condominiums, as well as sprawling luxury builds on acreage with mountain and forest views. There are also undeveloped lots for buyers who want to build custom homes.

Many housing options near Payson's city center include condo's and townhomes.
Many housing options near Payson's city center include condo's and townhomes.
Payson also offers residents sprawling luxury builds on acreage with mountain and forest views.
Payson also offers residents sprawling luxury builds on acreage with mountain and forest views.
1/2

Abundant recreation opportunities between Tonto National Forest and community parks

Surrounded by the vast wilderness of Tonto National Forest, Payson residents have tons of opportunities for outdoor recreation. The lakes and tributaries of Tonto National Forest are stocked with trout, and there are dozens of trails through groves of Ponderosa pines and up in the White Mountains. The Tonto Apache Tribe who lives adjacent to Payson are descended from one of several prehistoric tribes who called the forest home; signs of some of these prehistoric civilizations are still found throughout the forest at various archaeological sites.

The 82-acre Rumsey Park is Payson’s largest park, where residents can work up a sweat at its many sports facilities, practice tricks at the skate park and cool off in the community pool. Locally referred to as the “Jewel of Payson," the 43-acre Green Valley Park has plenty of open space and three fishing lakes, and hosts community events like the town’s summer concert series and Fourth of July fireworks.

Locally referred to as the “Jewel of Payson,
Locally referred to as the “Jewel of Payson," the 43-acre Green Valley Park has plenty of open space and three fishing lakes, and hosts community events like the town’s summer concert series and Fourth of July fireworks.
The Tonto Apache Tribe who lives adjacent to Payson are descended from one of several prehistoric tribes who called the forest home; signs of some of these prehistoric civilizations are still found throughout the forest at various archaeological sites.
The Tonto Apache Tribe who lives adjacent to Payson are descended from one of several prehistoric tribes who called the forest home; signs of some of these prehistoric civilizations are still found throughout the forest at various archaeological sites.
1/2

Western-themed community events, including the nation's oldest continuous rodeo

The town’s Western culture is a point of pride for the community. Residents gather several times a year for shows put on by Payson Pro Rodeo, the oldest continuous rodeo in the country, which has been entertaining locals since 1884. "They have all types of events like tie-down roping, bareback bull riding and Mutton Bustin' where kids jump on the back of sheep, which is really fun to watch," Lusk says. "They raise money and give it to multiple non-profits, so those that attend aren't just there for the rodeo, they're supporting the community."

Each September at the Fiddle and Food Truck Festival, Payson hosts Arizona’s State Fiddling Championship, inviting residents from all over the state to enjoy the talents of fiddlers of all ages.

National grocery, retail and dining chains mesh with locally owned shops and eateries

Most stores and restaurants are concentrated along State Route 87, known locally as Beeline Highway, and Highway 260, which intersect at the center of town. Residents can stop into fast food restaurants and familiar national chains for a bite to eat, though most of the town’s dining options are locally owned. Many of the local eateries serve hearty comfort fare in a cozy and casual setting that caters to the town’s down-home crowd.

Safeway, Bashas’ and Walmart are the local go-tos for groceries, and while there are a handful of big-box chain stores, the town’s retail market is dominated by locally owned antique, consignment and shops with eclectic offerings.

Basha's is one of a few options that the residents of Payson to buy groceries.
Basha's is one of a few options that the residents of Payson to buy groceries.
Payson residents enjoy a quick bite to eat at the national chain restaurant, Chili's.
Payson residents enjoy a quick bite to eat at the national chain restaurant, Chili's.
1/2

Flexible and online learning options in the Payson Unified School District

The Payson Unified School District earns a B-minus from Niche and serves about 2,300 students across one high school, one middle school and two elementary schools. Payson High School offers online learning and flexible hybrid scheduling options through the Payson Center for Success. Eastern Arizona College also has a satellite campus in Payson.

Payson High School offers online learning and flexible hybrid scheduling options through the Payson Center for Success.
Payson High School offers online learning and flexible hybrid scheduling options through the Payson Center for Success.
Julia Randall Elementary School receives a B rating from Niche and sits at the corner of the three lakes in Green Valley Park.
Julia Randall Elementary School receives a B rating from Niche and sits at the corner of the three lakes in Green Valley Park.
1/2

A local bus line and access to Beeline Highway

State Route 87, locally known as Beeline Highway, runs north-south through the center of town, leading about 90 miles southwest to Phoenix. Via the Beeline Bus, residents can travel throughout Payson and to the nearby communities of Star Valley and Mesa Del Caballo. Payson is home to the Banner Payson Medical Center and the general aviation Payson Municipal Airport; for commercial flights, Phoenix Sky Harbor International Airport is roughly 80 miles away.

A recent decrease in overall crime

According to the Arizona Department of Public Safety, reported incidents of violent crime in Payson decreased by 38% between 2022 and 2023. Reported incidents of burglary also decreased by about 23% during this time, though larceny increased by about 39%.

Lauren Schott
Written By
Lauren Schott
John Williams
Photography Contributed By
John Williams
Bill Jennings
Video By
Bill Jennings

Interested in learning more about homes in this area? Reach out to Nick Bosley, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Payson Housing Trends

Housing Trends

Median List Price
$510,000
Median Sale Price
$480,000
Median Single Family Sale Price
$498,000
Median Townhouse Sale Price
$439,950
Median 2 Bedroom Sale Price
$299,900
Median Change From 1st List Price
5%
Last 12 months Home Sales
813
Median Home Sale Price YoY Change
$4
Average Price Per Sq Ft
$312

Neighborhood Facts

Number of Homes for Sale
320
Months of Supply
4.70

Open Houses

  • Saturday, Jun 14
    9am - 12pm

    222 S Houston Creek Cir, Payson, AZ 85541

    $334,999

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 222 S Houston Creek Cir
    • New 17 days ago

    Welcome to Houston Creek circle. This well maintained home is located on a quiet cul-de-sac with friendly neighbors. This home boasts a 3 car garage with plenty of space for all your off road toys! The 3 bedroom 2 bath house is move in ready! Central air and heat. Don't forget about the spacious backyard and the solar system that pays for itself most months!

    Phil Hopkins Desert 2 Mountain Realty

  • Saturday, Jun 14
    2 - 5pm

    801 N Madison Dr, Payson, AZ 85541

    $769,900

    • 3 Beds
    • 3 Baths
    • 2,624 Sq Ft
    • 801 N Madison Dr
    • New 17 days ago

    You're going to love this place! It's tucked into one of Payson's most desirable neighborhoods and backs up to Graff Trailhead. From the moment you walk in, you've got mountain views from every room. The layout is open and perfect for both relaxing and entertaining. There's fiber internet if you work remotely, and the starry night skies? Unreal! The vibe is a perfect mix of rustic and modern.

    Kimberly Jacobsen Realty One Group, Mountain Desert

  • Sunday, Jun 15
    10am - 2pm

    1111 S Elk Ridge Dr, Payson, AZ 85541

    $699,000

    • 3 Beds
    • 2.5 Baths
    • 2,304 Sq Ft
    • 1111 S Elk Ridge Dr

    This beautiful 3-bedroom, 3-bath home sits on a hill with breathtaking panoramic views of Payson and the iconic Mogollon Rim. Meticulously cared for, this home offers both comfort and style with unique features to enhance your living experience. Enjoy incredible views from every angle, perfect for sunrise and sunset watchers. The living room comes equipped with convenient electric blinds,

    Ann Price ERA YOUNG REALTY-PAYSON

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Payson Has More Owners

Demographics

Total Population
18,031
Median Age
57
Population under 18
17.6%
Below the national average
23.8%
Population over 65
38.2%
Above the national average
19.1%

Finances

Median Household Income
$56,193
Significantly below the national average
$71,702
Average Household Income
$75,708

Education and Workforce

High School Graduates
92.2%
College Graduates
22.5%
Below the national average
34.1%
Advanced Degrees
10.1%
% Population in Labor Force
45.3%
Below the national average
65.1%
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Payson