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Featured local agent — Mayo, MD

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Mayo, MD

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Mayo, MD(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Mayo, MD Housing Market & Real Estate

Seller's market+48.2% YoY

Housing market overview · Updated monthly ·

$815,000median sale price

How is the Mayo, MD housing market right now?

The median home sale price in Mayo, MD is $815,000, up 48.2% year-over-year. Homes sell in an average of 41 days with 31 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Mayo a buyer's or seller's market?

Seller's market1.8 months of supply41 avg. days on market

Mayo, MD is currently a seller's market, based on 1.8 months of supply and homes selling in about 41 days. How we determine this →

Homes sold

17

Last 12 weeks

Days on market

41

Average pace

Active listings

31

1.8 months supply

Sale-to-list

98.7%

Below asking

What does the Mayo housing market data show?

Current housing market statistics for Mayo, MD
MetricValue
Median sale price$815,000
Median list price$734,900
Year-over-year price change+48.2%
Average days on market41 days
Active inventory31 listings
Months of supply1.8 months
Sale-to-list price ratio98.7%
Median price per sq ft$315/sq ft
Homes sold (latest month)17
New listings (latest month)18
Listings with a price cut48.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Mayo by property type?

How the Mayo, MD market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Mayo, MD
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$815,000$315/sq ft1741 days

Source: Redfin · Updated monthly

The Mayo housing market is currently classified as a seller's market with a median sale price of $815,000. Prices have risen 48.2% compared to last year, with homes spending an average of 41 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Mayo

There are currently 31 homes listed for sale in Mayo, Maryland. The median listing price is $735K.

Active listings

31

Homes on market

Median list price

$735K

Avg. days on market

41

Days until sale

New this week

18

Newly listed

Price drops:48.4%of listings
Sale-to-list:98.7%

Who lives in Mayo?

Population

8,322

Median income

$146,206/yr

Median age

39.2 years

Owner-occupied

89.7%

College grads

42.4%

Avg commute

36.4 min

Source: U.S. Census Bureau ACS

What is it like to live in Mayo?

Mayo is a community of approximately 8K residents with a median age of 39.2 years.The median household income is $146,206, which reflects a relatively affluent area with strong earning potential. 42.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 89.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 36.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Mayo offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Mayo, MD?

Want a head-to-head view? Compare Mayo side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Mayo?

The median home sale price in Mayo is $815,000, up 48.2% from last year.

How long do homes stay on market in Mayo?

Homes typically spend 41 days on market before going under contract.

What is the median income in Mayo?

The median household income is $146,206 per year.

Is Mayo a buyer's or seller's market?

With 1.8 months of supply, Mayo is currently a seller's market.

How much does a single-family home cost in Mayo?

The median single-family home price in Mayo, MD is $815,000 (about $315 per square foot).

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