City:
Payson is a city in the state of utah with a population of roughly 26,710. It is in Utah County, Utah the Provo-Orem, UT core-based statistical areas (CBSA), and the Salt Lake City-Provo-Orem, UT combined statistical area (CSA).Its Zip codes include 84651 .
Real estate in Payson, UT is a hot commodity. The town has seen an influx of people over the past few years, and with that comes a need for more housing. There are currently no shortages of homes for sale or rental in Payson, but prices are still high.
The average home price in Payson is $269,000. This is significantly higher than the national average of $183,000. However, this price tag does not reflect the quality of life that residents enjoy here. The community has a population of just over 10,000 people and offers plenty to do and see.
There are several factors that contribute to the high prices in Payson real estate market. First and foremost is the fact that there is a limited supply of homes for sale or rent. Second is the fact that many homes here have been newly built or renovated which adds to their value. Finally, demand for properties in Payson continues to grow as more people move into town looking for quality living options at reasonable prices.
Price Index: Provo-Orem, UT