February 2026 Market Snapshot
The residential market in February showed steady activity with buyers continuing to shop and homes moving at a moderate pace.
By the Numbers
• 353 homes currently on the market
• 115 new listings added in February
• 64 homes sold during the month
• 62 homes went under contract
Pricing
• Median Sold Price: $462,500
• Average Sold Price: $547,348
• Sellers received about 95.6% of their list price on average.
Market Pace
• Homes spent about 133 days on market on average.
• Inventory sits at about 4.8 months of supply, indicating a fairly balanced market.
What This Means
• Buyers have more choices than earlier in the year.
• Sellers are still seeing solid prices, but pricing your home correctly is key to attracting offers.
Local Tip:
Spring activity is starting to build in the Payson area. If you’re thinking about buying or selling, the next few months are typically some of the busiest of the year.