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Preforeclosure Homes in Mayo, MD

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Mayo, MD Foreclosures

How much do homes sell for in Mayo, MD?
The average home price is currently $713,351.
In Mayo, MD, how many homes are available?
There are currently 1,144 active home listings available in Mayo.
What’s the average rental cost in Mayo, MD?
The average rental price in Mayo is $2,342.
What is the most expensive home in Mayo?
The most expensive home sold in Mayo had a price of $3,467,687.
What is currently the cheapest priced home in Mayo, MD?
The cheapest home for sale in Mayo is priced at $144,000.

Living in Mayo, MD

Mayo, Maryland, is a charming waterfront community located in Anne Arundel County. Known for its beautiful views, rich history, and vibrant local culture, Mayo offers an ideal setting for both relaxation and recreation. With close proximity to Annapolis and Baltimore, residents enjoy a picturesque lifestyle combined with convenient access to urban amenities.

Current Market Conditions in Mayo, MD

The real estate market in Mayo, MD has experienced stable growth in recent months, with home values reflecting a favorable trend. The combination of waterfront properties and a strong community appeal continues to attract buyers looking for second homes or permanent residency by the bay.

Recently, there has been an increase in home sales due to lower inventory levels, resulting in a competitive market. Newly listed properties often receive multiple offers, highlighting the demand for homes that offer both charm and convenience.

Home Value Estimator For Mayo, MD

There are currently 42 real estate properties in Mayo, MD, with a median automated valuation model (AVM) price of $513,382.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mayo, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mayo, MD, is $713,351.00, with the most expensive house in Mayo, MD, topping out at $3,467,687.00 and the cheapest home in Mayo, MD, clocking in at $144,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Mayo, MD!

Rent Prices In Mayo, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mayo, MD, is on a rollercoaster ride. The average rent price in Mayo, MD, is $2,342.00. Indeed, when looking to rent in Mayo, MD, you can expect to pay as little as $1,260.00 or as much as $4,940.00, with the average rent median estimated to be $2,220.00. The good news is that finding an affordable and desirable property to rent in Mayo, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mayo, MD Preforeclosure Homes


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