Payson home prices fall in October 2020

Medium re 11

The median sale price of a home sold in October 2020 in Payson fell by $58,300 while total sales decreased by 50%, according to BlockShopper.com.

In October 2020, there were two homes sold, with a median sale price of $119,200 - a 32.8% decrease over the $177,500 median sale price for the same period of the previous year. There were four homes sold in Payson in October 2019.

The median sales tax in Payson for the most recent year with available data, 2019, was $1,713, approximately 1.4% of the median home sale price for October 2020.

The following table compares Payson to other Adams County cities in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Loraine110%$215,000$110,00095.5%
Quincy7794-18.1%$128,000$115,00011.3%
Camp Point13-66.7%$120,000$2,5004700%
Payson24-50%$119,200$177,500-32.8%
Mendon14-75%$110,000$78,45040.2%
Liberty20-$48,750$0-
Clayton20-$46,500$0-
Ursa12-50%$25,000$58,950-57.6%
Plainville00-$0$0-
Golden03-100%$0$57,000-100%

Blockshopper green logo