$265,000
833 Lander Rd
Mayfield, OH
4 bd2 ba1,908 sqft$139/ft²
House19,998 sqft lot
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Mayfield, OH Housing Market
Balanced market+13.6% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $454,250, +13.6% year over year (through May 2026). With 5.0 months of supply and homes going under contract in about 20 days, Mayfield is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $454,250 home is about $2,425/mo in principal and interest.
Key numbers for Mayfield, OH
Median sale price
$454,250
+13.6% year over year
Redfin, through May 2026
Days on market
20
Fast-moving
Redfin, through May 2026
Active listings
10
5.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$120,682
Home costs 3.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.5%
Selling below asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Mayfield a buyer's or seller's market?
Balanced market5.0 months of supply20 days on market98.5% of asking
Mayfield, OH is a balanced market, based on 5.0 months of supply and homes selling in about 20 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Mayfield housing market data show?
Every row below is Redfin's final published month for Mayfield, OH. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $454,250 |
| Median list price | $699,900 |
| Year-over-year price change | +13.6% |
| Median price per sq ft | $198/sq ft |
| Median days on market | 20 days |
| Active inventory | 10 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 98.5% |
| Homes sold (that month) | 2 |
| New listings (that month) | 6 |
| Listings with a price cut | 30.0% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Mayfield is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Mayfield is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Mayfield home prices moved?
Over the last three years the median sale price in Mayfield, OH fell 36.4%, from $713,700 to $454,250. 30.0% of Mayfield listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 5.0 months while the sale-to-list ratio slips below its current 98.5%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Mayfield?
Priced off the median sale price of $454,250 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $90,850 | $363,400 | $2,425/mo |
| 5% | $22,713 | $431,538 | $2,880/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,425, that implies roughly $103,930 a year before you add taxes and insurance. The median household in Mayfield earns $120,682, about $16,752 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.8x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Mayfield in the next 12 months?
Tell us your timeline. We send the Mayfield market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Mayfield?
Zillow does not publish a rent index (ZORI) for Mayfield, OH, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Mayfield?
Active listings in Mayfield, OH went from 6 in April 2025 to 10 in May 2026, a +66.7% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| May 2025 | 4 | 1 |
| June 2025 | 8 | 6 |
| July 2025 | 7 | 6 |
| August 2025 | 7 | 3 |
| September 2025 | 11 | 4 |
| October 2025 | 10 | 3 |
| November 2025 | 8 | 4 |
| December 2025 | 4 | not published |
| January 2026 | 6 | 2 |
| March 2026 | 6 | 2 |
| April 2026 | 10 | 7 |
| May 2026 | 10 | 6 |
Redfin, through May 2026
How does Mayfield compare to Ohio and the U.S.?
Mayfield homes sell for $454,250 — 61% above the Ohio median of $282,600. Against the national median of $410,700, Mayfield runs 11% higher. Year-over-year, Mayfield moved +13.6% against Ohio's +5.4% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Mayfield, OH | $454,250 | +13.6% | 20 days |
| Ohio statewide | $282,600 | +5.4% | 36 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Mayfield
What buyers should watch
- Months of supply, currently 5.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 30.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $455 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $454,250 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Mayfield listing goes under contract in 20 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.5% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Mayfield added 6 new listings against 2 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Mayfield varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Mayfield
There are currently 10 homes listed for sale in Mayfield, Ohio. The median listing price is $700K. Featured listings range from $265,000 to $1,174,900.
$295,000
6205 S Woodlane Dr
Mayfield, OH
3 bd2 ba1,597 sqft$185/ft²
House25,901 sqft lot
View photos & details
$460,000
6458 Foxboro Dr
Mayfield, OH
4 bd3 ba3,199 sqft$144/ft²
House29,185 sqft lot
View photos & details
$525,000
6698 Wildwood Trl
Mayfield, OH
4 bd4 ba2,504 sqft$210/ft²
House37,897 sqft lot
View photos & details
$599,000
6766 Wilson Mills Rd
Mayfield, OH
4 bd3 ba2,732 sqft$219/ft²
House30,422 sqft lot
View photos & details
$599,000
562 Magnolia Ct
Mayfield, OH
4 bd3 ba2,560 sqft$234/ft²
House7,462 sqft lot
View photos & details
$659,000
588 Magnolia Ct
Mayfield, OH
4 bd3 ba2,560 sqft$257/ft²
House7,405 sqft lot
View photos & details
$699,900
704 Echo Dr
Mayfield, OH
4 bd4 ba3,254 sqft$215/ft²
House1.21 acres
View photos & details
$772,900
6477 N Cobblestone Rd
Mayfield, OH
3 bd2 ba2,150 sqft$359/ft²
House10,685 sqft lot
View photos & details
$900,000
Som Center Rd
Mayfield, OH
0 sqft0
Land2.16 acres
View photos & details
$949,000
769 Village Trl
Mayfield, OH
4 bd7 ba5,056 sqft$188/ft²
House2.43 acres
View photos & details
$1,174,900
780 Village Cir
Mayfield, OH
4 bd6 ba0 sqft0
House27,007 sqft lot
View photos & details
Looking to buy in Mayfield?
Get connected with a local real estate expert — free, no obligation.
Active listings
10
Homes on market
Median list price
$700K
Avg. days on market
20
Days until sale
New this week
6
Newly listed
Price drops:30.0%of listings
Sale-to-list:98.5%
How much do homes cost in Mayfield by property type?
How the Mayfield, OH market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $454,250 | $198/sq ft | 2 | 20 days |
| Condo / co-op | $285,000 | $136/sq ft | 1 | 4 days |
Who lives in Mayfield?
American Community Survey estimates for Mayfield. U.S. Census ACS, 2023
Population
3,330
Households
1,370
Median income
$120,682/yr
Median age
48.7 years
Owner-occupied
81.8%
Median home value
$281,700
Median gross rent
$1,535/mo
Mean commute
20.9 min
81.8% of occupied homes in Mayfield are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Mayfield?
1 schools tracked · 481 students
The largest public schools serving Mayfield, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Mayfield Center Elementary School
Grades K-5 · 481 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Mayfield, OH?
Ordered by distance from Mayfield, not by size. Compare Mayfield side by side with any of them.
Mayfield housing market FAQ
Is Mayfield a buyer's or seller's market?
Mayfield, OH is currently a balanced market. That read comes from 5.0 months of supply, homes going under contract in about 20 days, and sellers getting 98.5% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Mayfield?
The median sale price in the last month Redfin published was $454,250, about $198 per square foot.
Is Mayfield cheaper than the rest of Ohio?
Mayfield's median sale price of $454,250 is 61% higher than the Ohio statewide median of $282,600, and 11% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Mayfield?
Homes in Mayfield, OH spent a median of 20 days on market before going under contract, versus 36 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Mayfield?
At the current 30-year fixed rate of 7.03%, 20% down on a $454,250 home is about $2,425 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $103,930 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $120,682.
Are home prices rising in Mayfield?
Redfin's last published year-over-year change for Mayfield, OH was +13.6%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Mayfield?
Mayfield ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Mayfield?
That depends on your timeline, not on a headline. What the data says today: Mayfield, OH is a balanced market with 5.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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