Mayo, MD

Full City Profile · Maryland · Anne Arundel County County

4.4 /5.0
A Great
8,322 Population 1,481/sq mi density
$146,206 Median Income $64,054 per capita
$583,300 Home Value $564,895 Zillow
$2,323 Median Rent 33.9% income on rent
58°F Avg Temperature
A
Overall
4.4 / 5.0
Strong
A+
Economy
4.5 / 5.0
$146,206 median income, 5.4% unemployment
A
Affordability
4.4 / 5.0
$583,300 home value, $2,323/mo rent
A
Education
4.4 / 5.0
42.4% bachelor's degree or higher

Housing Overview

Median Home Value
$583,300
107% above
US avg: $281,900
Median Rent
$2,323/mo
100% above
US avg: $1,163/mo
Homeownership Rate
89.7%
37% above US avg (65.4%)
Total Housing Units
3,260
Median year built: 1981

Home Value by Source

Census Median
$583,300
Zillow (ZHVI)
$564,895
Redfin Median Sale
$695,000
Median Sale Price
$695,000
Median List Price
$712,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.7%
Owner-Occupied
10.3%
Renter-Occupied
90%
10%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent: $2,323/mo

Market Indicators (Redfin)

Median Sale Price
$695,000
Median Days on Market
61 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
35.5%
of listings with price reduction
Price Per Sq Ft
$292
Active Inventory
31
homes for sale

Affordability & Housing Stock

Rent Burden
33.9%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
89.7%

Complete Housing Data

Home Values

Census Median Value$583,300
Zillow Home Value (ZHVI)$564,895
Redfin Median Sale$695,000
Median Sale Price$695,000
Median List Price$712,450
Price Per Sq Ft$292

Rent

Census Median Rent$2,323
FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Days on Market61
Sale-to-List Ratio1.0%
Price Drops35.5%
Homes Sold9
Active Inventory31
Price Per Sq Ft$292

Ownership & Stock

Owner-Occupied89.7%
Renter-Occupied10.3%
Homeownership Rate89.7%
Total Housing Units3,260
Median Year Built1981
Rent Burden33.9%