Mayodan Housing Market Report March 2025•Rockingham County, North Carolina

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Housing Prices in Mayodan, NC

How much do homes in Mayodan, NC cost?

Housing Market Conditions

Is Mayodan, NC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Mayodan is a Seller's Market

Difference Since February 2025

Last month, Mayodan was a Buyer's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$292,590$125/SqFt
+$67,590
+30.0%

Based on all homes sold in March 2025

Insight

Homes in Mayodan have sold for 30% more than they did a month ago.

Summary: The median home sold price in Mayodan was $292,590 in March 2025, up 30% from last month, and the median price per square foot was $125.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2025Mar 2025Change MoM
1--
N/A
2-$53.9K
N/A
3$225K$232.7K
+3.5%
4-$315.6K
N/A
5-$315K
N/A

Summary: Mayodan housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +3.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Mayodan, NC compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Mayodan, NC

Housing supply in Mayodan, NC

How many homes are available in Mayodan, NC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
25Last MonthMar 2025
232 months agoFeb 2025
+8.7 %
Change MoMFeb – Mar

Summary: The Mayodan real estate market had 25 homes for sale in Mar 2025, a 8.7 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthMar 2025
12 months agoFeb 2025
+400.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
278
+14.3%
3910
+11.1%
455
0.0%
522
0.0%

Summary: Mayodan housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +14.3%. The inventory for 3 bedroom homes increased by +11.1%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Mayodan, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price4 Homes

Insight

If you're buying a home in Mayodan, 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 Mayodan in March 2025, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and and 20% were sold over asking.

Days on Market for Mayodan, NC

How long does it take to sell a home in Mayodan, NC?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days3 Homes

Insight

Most homes in Mayodan are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2025, 5 homes were sold in Mayodan; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
85 DaysLast MonthMar 2025
6 Days1 month agoFeb 2025
+1320.0 %
Change MoMFeb – Mar

Summary: Homes in Mayodan had an average listing age of 85 days in Mar 2025, up by 1320.0% compared to the previous month.

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Newest Listings in Mayodan, NC

What homes are available in Mayodan, NC?

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MLS Disclaimers and Copyright

Based on information from Triad MLS Inc, for the period 02/01/2025 - 04/01/2025

IDX Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for 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. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.