March 2024

Mayo Housing Market Report Spartanburg County, South Carolina

Report Updated 23 Days Ago

Is Mayo, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Buyer's
Market

Difference Since Last Month

Since last month, Mayo has remained a Seller's Market.

Key Takeaway

Mayo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mayo, SC

How much do homes in Mayo, SC cost?

Median Sold Price

$249,089

$180/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$8,499(+3.5%)

Key Takeaway

Homes in Mayo have sold for 3.5% more than they did a month ago.

Summary: The median home sold price in Mayo was $249,089 in March 2024, up 3.5% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	-	-	N/A
3 Bedrooms	$240.5K	$249K	+3.5%
4 Bedrooms	-	-	N/A
5+ Bedrooms	-	-	N/A

Summary: Mayo housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mayo, SC

How many homes are available in Mayo, SC?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
20	18	-10.0%

Summary: The Mayo real estate market had 18 homes for sale in March 2024, a 10.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	0	1	+100.0%
2 Bedrooms	2	2	0.0%
3 Bedrooms	16	12	-25.0%
4 Bedrooms	2	3	+50.0%
5+ Bedrooms	0	0	0.0%

Summary: The Mayo housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024	Mar 2024	CHANGE
5	5	0.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Key Takeaway

If you're buying a home in Mayo, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Mayo in March 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Mayo, SC

How long does it take to sell a home in Mayo, SC?

Average Sale Time

Feb 2024	Mar 2024	CHANGE
63 Days	74 Days	+16.9%

Summary: Homes in Mayo had an average of 74 days on market in Mar 2024, up by 16.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Key Takeaway

Many homes in Mayo are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in Mayo; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

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Newest Listings in Mayo, SC

What homes are available in Mayo, SC?

See More Listings

$128,900

$1,531 Closing Credit

988 SqFt

261 Hub Greer, Chesnee SC, 29323

Kathy Klochko

Listing Office:

Affinity Group Realty

#310679

$69,900

$830 Closing Credit

1493 Denton, Spartanburg SC, 29307

Philip Ziganto

Listing Office:

Re/Max Results - Greenville

#310597

$349,900

$4,155 Closing Credit

515 Thorn Cove Dr, Chesnee SC, 29323

Sherri Shook

Listing Office:

Solid Ground Properties

#1524327

$125,000

$1,484 Closing Credit

1,216 SqFt

195 Main, Cowpens SC, 29330

Loria Hamilton-Field

Listing Office:

Unreal Estate, Llc

#310376

$249,900

$2,968 Closing Credit

1,250 SqFt

653 Green Lake Rd, Spartanburg SC, 29323

Cindy Hughey

Listing Office:

R. M. Duncan Realty, Inc

#310215

$249,000

$2,957 Closing Credit

104 Splawn St, Chesnee SC, 29323

Stephanie Burger

Listing Office:

Coldwell Banker Caine/Williams

#1522899

$200,000

Land

5.60 Acres

240 Overhead Bridge Rd, Chesnee SC, 29323

Tracy Beam

Listing Office:

Casey Group Real Estate, LLC

#1522642

$269,900

$3,205 Closing Credit

135 Main St, Cowpens SC, 29330

Justin Shinko

Listing Office:

RE/MAX Reach

#1521973

1 bedrooms, 1 full bath, 1 partial house for sale

$69,900

$830 Closing Credit

1 Full, 1 Partial

1493 Denton Rd, Spartanburg SC, 29307

Phil Ziganto

Listing Office:

RE/MAX RESULTS

#20271960

$254,800

$3,026 Closing Credit

1,442 SqFt

110 E Caylee, Chesnee SC, 29323

Billie Davis

Listing Office:

Solid Ground Properties

#307913

$251,361

$2,985 Closing Credit

1,418 SqFt

108 W Caylee, Chesnee SC, 29323

Billie Davis

Listing Office:

Solid Ground Properties

#307908

$252,900

$3,003 Closing Credit

1,367 SqFt

106 E Caylee, Chesnee SC, 29323

Billie Davis

Listing Office:

Solid Ground Properties

#307909

Nearby Markets to Mayo, SC

What housing markets are near Mayo, SC?

MLS Disclaimers and Copyright

Based on information from Multiple Listing Service of Spartanburg, Greater Greenville MLS, and Western Upstate MLS for the period 02/01/2024 - 04/01/2024

© 2024 Spartanburg Association of REALTORS® Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2024, 12:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Listing provided courtesy of Greater Greenville Association of Realtors® Internet Data Exchange Database. © 2024 GGAR MLS.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2024, 12:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2024 Western Upstate Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is deemed reliable, but not guaranteed. Neither the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of this information. The buyer is responsible for verifying all information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2024, 12:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.