85541 — Payson, AZ Home Values
Typical home value $452,510 as of June 2026 · 2nd of 7 in Payson, AZ
Blue: typical home value (Zillow ZHVI) in ZIP code 85541, June 2021 to June 2026. This page shows observed data only; no forecast.
How 85541 compares in the Payson, AZ area
ZIP code 85541 (Payson, AZ) has a typical home value of $452,510 as of June 2026, ranking 2nd of 7 ZIP codes tracked in the Payson, AZ area, more expensive than about 86% of ZIP codes in the metro. Prices here have moved -1.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +19.3%, from $379,298 in June 2021 to $452,510 in June 2026. Against observed rent, the typical home here sells for 21.8× the annual rent ($1,732/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Payson, AZ forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Payson.
Population and demographics
ZIP code 85541 has a population of 23,323, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 84% White, 11.9% Hispanic or Latino, 1.7% two or more races, 0.9% Asian, 0.8% American Indian or Alaska Native, 0.5% Black or African American, 0.2% another race, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Julia Randall Elementary School | 902 W MAIN ST, PAYSON, AZ | 0.7 mi |
| Payson Center for Success - Online | 902 W MAIN ST, PAYSON, AZ | 1.2 mi |
| Payson Center for Success High School | 514 W WADE LN, PAYSON, AZ | 1.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 85541?
$452,510 as of June 2026, the latest month Zillow has published observed data for.
Is 85541 an expensive ZIP code in the Payson, AZ area?
85541 ranks 2nd of 7 ZIP codes in the Payson, AZ area by typical home value, more expensive than about 86% of ZIP codes in the metro.
How much have home values in 85541 changed over the past year?
-1.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 85541?
The typical home price is 21.8× the observed annual rent in this ZIP code ($1,732/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 85541?
23,323, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 85541?
Julia Randall Elementary School (0.7 mi), Payson Center for Success - Online (1.2 mi), Payson Center for Success High School (1.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 85541?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Payson, AZ forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.