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.
Housing Prices in Mayo, SC
How much do homes in Mayo, SC cost?
Median Sold Price
$287,800
$153/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Mayo was $287,800 in April 2024, up 15.5% from last month, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $140K | N/A |
3 Bedrooms | $249K | $303.9K | +22.0% |
4 Bedrooms | - | $625K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Mayo housing prices by bedroom type for April 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 22%, 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
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 20 | +11.1% |
Summary: The Mayo real estate market had 20 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mayo housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 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
Summary: A total of 5 homes were sold or pending in Mayo in April 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
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 Days | 96 Days | +30.3% |
Summary: Homes in Mayo had an average of 96 days on market in Apr 2024, up by 30.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Mayo; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.