Mayo Housing Market Report January 2025•Spartanburg County, South Carolina

hero building illustration for mobile

Housing Prices in Mayo, SC

How much do homes in Mayo, SC cost?

Housing Market Conditions

Is Mayo, SC 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

Mayo is a Buyer's Market

Difference Since January 2024

At the same time last year, Mayo was a Seller's Market.

Insight

Mayo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$249,089$180/SqFt
+$8,038
+3.3%

Based on all homes sold in the last 12 months

Insight

Homes in Mayo have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Mayo was $249,089 in January 2025, up 3.3% from last year, and the median price per square foot was $180.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Chesnee
+15.6%
Boiling Springs
+9.6%
Mayo
+3.3%

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.
BedsJan 2024Jan 2025Change YoY
1-$45K
N/A
2$158.1K$198K
+25.2%
3$240.9K$249K
+3.3%
4$290K$309.5K
+6.7%
5--
N/A

Summary: Mayo housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +25.2%. The home price for 3 bedroom homes increased by +3.3%. The home price for 4 bedroom homes increased by +6.7%. The home price for 5 bedroom homes did not change.

Housing supply in Mayo, SC

How many homes are available in Mayo, SC?

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
22Last MonthJan 2025
162 months agoDec 2024
+37.5 %
Change MoMDec – Jan

Summary: The Mayo real estate market had 22 homes for sale in Jan 2025, a 37.5 % increase compared to Dec 2024.

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
2Last MonthJan 2025
12 months agoDec 2024
+100.0 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
101
+100.0%
211
0.0%
31318
+38.5%
422
0.0%
500
0.0%

Summary: Mayo housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +38.5%. 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 Mayo, SC 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 Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Mayo, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Mayo in January 2025, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.

Days on Market for Mayo, SC

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

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

Summary: During January 2025, 2 homes were sold in Mayo; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.
This Year1 year agoChange YoY
2 DaysThis YearJan 2025
82 Days1 year agoJan 2024
-97.6 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Mayo had an average listing age of 2 days in Jan 2025, down by 97.6% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Mayo, SC

What homes are available in Mayo, SC?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in South Carolina

MLS Disclaimers and Copyright

Based on information from Multiple Listing Service of Spartanburg, and Greater Greenville MLS for the period 02/01/2023 - 02/01/2025

© 2025 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: 2/21/2025, 3:20:51 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. © 2025 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: 2/21/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.