Home prices
The price of the median home in Mayo is $459,700. Compared to its surrounding areas it is roughly $28,200 (5%) lower.It is roughly $242,200 (111%) higher in comparison to the US as a whole, and it is approximately $141,800 (23%) lower in comparison to the city of Washington.
Rents
Mayo's median monthly rent is $1,659. Compared to other places in this area this is roughly $55 (3%) lower.In comparison to the country as a whole it is roughly $597 (56%) higher, and is approximately $118 (7%) higher compared to the city of Washington.
Nearby places
Annapolis Neck
Annapolis Neck is Mayo's neighbor to the north. The real estate prices there are somewhat more expensive. The price of the median home in Annapolis Neck is $602,900, which is $143,200 (23%) higher than Mayo. Rents there are a little more expensive. The median rent in Annapolis Neck is $2,232 a month, which works out to $573 (25%) higher than Mayo.
Edgewater
Edgewater is Mayo's neighbor to the northwest. The housing prices there are a lot less expensive. The median home in Edgewater costs $344,900, which comes out to $114,800 (33%) lower than Mayo. The rent there is somewhat more expensive. The median rent in Edgewater is $1,755 per month, which is $96 (5%) higher than Mayo.
Riva
Riva is roughly 4 miles northwest of Mayo. Its real estate prices are a little more expensive. The cost of the median home in Riva is $484,900, which is $25,200 (5%) higher than Mayo. Rent there is fairly similar. The median rent in Riva is $1,685 a month, which is $26 (1%) higher than Mayo.
Annapolis
Annapolis is approximately 4 miles north from Mayo. The real estate prices there are somewhat less expensive. The median home in Annapolis costs $420,500, which works out to $39,200 (9%) lower than Mayo. The rent there is pretty similar. In Annapolis the median monthly rent is $1,583, which is $76 (4%) lower than Mayo.
Galesville
Galesville is roughly 4 miles south from Mayo. Its real estate prices are somewhat more expensive. The price of the median home in Galesville is $586,300, which is $126,600 (21%) higher than Mayo. The rent there is a little less expensive. Galesville's median rent is $1,317 per month, which works out to $342 (25%) lower than Mayo.
