148 homes sold in Mayo in the last year, at a typical $719K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mayo homes are listed.
Every place Mayo homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Mayo.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Mayo’s sales, at a typical $719K
148 homes sold in the year to May 2026.
typical sale · 148 sold in 12 months
- Per square foot
- $300MD $239
- Days to sell
- 51
- Sold over asking
- 26%
- Listings with a price cut
- 30%
About as many homes sell as usual, at 1.7 times the 2016 price
148 sales in the last year, against 211 in 2021 and a low of 126 in 2024. The typical sale went from $413K in 2016 to $719K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $700K buys in Mayo
Check a listing against what Mayo homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Mayo are more common than before the pandemic, but 46% fewer homes come up for sale
We read every month of Mayo’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 148 sales.
If you’re buying in Mayo
- Shop in March. It brings about 19 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
- Some room to negotiate. 30% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 99.1% of the list price on average; 26% paid over.
- You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 51 days.
Spring brings both the most homes and the most bidding wars
April has the most new listings (about 22 a month), but May is the most competitive: 35% of May sales close over asking. January has the least competition (20%) but only about 13 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Maryland
| Mayo now | 2017–19 | 2021 peak | MD now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 26% | 21% | 43% | 34% |
| Gone within two weeksShare of homes under contract within 14 days | 40% | 25% | 58% | 41% |
| Listings with a price cutShare of homes for sale that cut their price | 30% | 31% | 23% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99.1% | 98.1% | 100.1% | 99.8% |
| Days to sellMedian days from listing to contract | 51 | 58 | 36 | 43 |
34 homes for sale on a typical day
That’s 1.4 times the 2023 low (24), 46% fewer than in 2017–19 and well under 2013’s 65.
1 in 3 listings has cut its price
30% in the last year, against 31% in 2017–19 and 27% across Maryland.
Mayo ranks 150th of 185 busy Maryland markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Mayo is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Mayo home costs about $4,203 a month
Price: Mayo’s typical sale, last 12 months. Property tax at Mayo’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mayo is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 8.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $719K home, about $5,420 a year.
Taxes vs. neighborsSchools
The schools grade for Mayo, from test results, graduation and how much students grow.
Schools in MayoCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Edgewater sells for less a square foot; Annapolis Neck for far more
The busier markets within 25 miles of Mayo, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Annapolis | 562 | $612K | $332 | 31% | 41 |
| Parole | 340 | $559K | $301 | 30% | 43 |
| Annapolis Neck | 195 | $887K | $382 | 27% | 50 |
| Edgewater | 157 | $503K | $284 | 34% | 41 |
| Mayo | 148 | $719K | $300 | 26% | 51 |
| Shady Side | 121 | $464K | $303 | 30% | 45 |
| Riva | 42 | $749K | $305 | 26% | 61 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Mayo, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mayo. People who follow the town see it, and so do people comparing Mayo with their own town. No commission, no listing fee.
Questions about buying a home in Mayo
What do homes sell for in Mayo, MD?
148 homes sold in the year to May 2026 at a typical $719K, $300 a square foot.
Is Mayo a buyer’s or seller’s market?
A seller’s market: 31 homes were for sale in May 2026 and 17 sold, about 1.8 months of supply. Buyers paid 99.1% of asking on average, and 30% of listings cut their price.
When is the best time to buy in Mayo?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Mayo?
About 0.8% of a home’s value a year. On a $719K home that’s near $5,420.
Where can I see homes for sale in Mayo?
Zillow, Redfin, Realtor.com and Homes.com all carry Mayo’s MLS listings; the search links above open each one filtered to Mayo.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).