616 W. 1450 S., Payson sold by Shayli Ray Erickson and Skylar Garrett Carpenter

The home at 616 W. 1450 S., Payson was sold on May 8 by Shayli Ray Erickson and Skylar Garrett Carpenter for $530,000.

The buyers were David P. and Teresa M. Platt.

This property is one of 30 sales in Payson (Utah County) from April 8 to May 8.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.