Mayo, MD Real Estate

According to census data in the year 2000 there were 1,310 housing units in Mayo. This represents a 13.7% growth from 1,152 in 1990.

Of those housing units, 1,310 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mayo is about 89.2%. Mayo's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.7 people.

The majority of houses, apartments or condos in Mayo were built after 1959.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3%
Two Bedrooms18.50%
Three Bedrooms49.80%
Four Bedrooms24.90%
Five Bedrooms or more3.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1959
Median Value of occupied units$195,600
Median Price asked for vacant units$275,000

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1956
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage13.90%
Home Equity Loan16.10%
Simple Mortgage46.60%
Debt Free22.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.3%