Median real estate price in the Town Center of Payson is $251,148, which is more expensive than 62.9% of the neighborhoods in Arizona and 64.2% of the neighborhoods in the U.S.
The average rental price in Payson Town Center is currently $1,298, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.7% of Arizona neighborhoods.
Payson Town Center is a suburban neighborhood (based on population density) located in Payson, Arizona.
Real estate in the Town Center of Payson, AZ is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Payson Town Center. The current real estate vacancy rate here is 17.5%. This is higher than the rate of vacancies in 80.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (12.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.