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These days, finding an affordable place to live in the Mayodan area can be challenging. Home prices in Mayodan are now at a median cost of $131,677, lower than the North Carolina average of $323,314.
The average cost of rent is $729/mo in Mayodan, primarily driven by the current value of real estate in the Mayodan area. In Mayodan, 33.92% of households rent, and 47.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mayodan is $4,895 per month. Households that rent pay about 14.88% of their income on rent here. Mayodan’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lawsonville, NC: higher priced homes
- Madison, NC: higher priced homes
- Stoneville, NC: higher priced homes
- Sandy Ridge, NC: higher priced homes
- Pine Hall, NC: higher priced homes
- Hartman, NC: higher priced homes
- Walnut Cove, NC: higher priced homes
- Ridgeway, VA: higher priced homes
- Danbury, NC: higher priced homes
- Eden, NC: equally priced homes
Cities with Similar Populations
- Saxon, SC: less expensive homes
- Higganum, CT: higher priced homes
- Hiddenite, NC: higher priced homes
- Satsuma, FL: higher priced homes
- Sauk City, WI: higher priced homes
- Hiawassee, GA: higher priced homes
- Heyworth, IL: higher priced homes
- Hewitt, NJ: higher priced homes
- Saukville, WI: higher priced homes
- Saunderstown, RI: higher priced homes
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