Mayodan, NC—27027
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mayodan, NC
As of Oct '25, the median home price in Mayodan, NC is $155,000, with a year-over-year change of -1.6%. This indicates that home prices in Mayodan, NC are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $155,000 | -1.6% |
| Single Family | $155,000 | -1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $136,000 | -0.7% |
3 Bed | $212,000 | 0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mayodan, NC
As of July '25, Rentcast reports the average rent in Mayodan, NC is $1,160, with a year-over-year rent change of -60.7%. Per bedroom, the median rent as of July '25 in Mayodan, NC is 1-bedrooms: $775, 2-bedrooms: $1,180, 3-bedrooms: $1,400. The most common rental property sizes in Mayodan, NC are 2-bedroom and 3-bedroom, accounting for 57.5% and 22.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,160 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $775 |
| 2 Bed Rent | $1,150 | $1,180 |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mayodan, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Mayodan, NC is 46. This is a increase of 109.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $229,000 | -14.0% |
Listing Count | 17 | 38.0% |
| Listings as % of Homes | 0.2% | 38.0% |
Days on Market | 46 | 109.0% |
Demographics — Mayodan, NC
As of the latest ACS Survey released in 2023, Mayodan, NC has a population of 3,950, which has decreased by -9.9% over the past 5 years. Mayodan, NC is a less popular place for families, as children make up 14.6% of the population. The area has a poorly educated workforce, with 12.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,950 | -9.9% |
% Under 18 | 14.6% | -31.1% |
% Seniors | 29.0% | 47.2% |
% WFH | 5.2% | 40.5% |
% w/ College Degree | 12.9% | 4.9% |
As of the latest ACS Survey released in 2023, Mayodan, NC is a predominantly white area, with 89.0% of the population identifying as white. The white population has grown by 11.9% in the last 5 years. The second most common race or ethnicity in Mayodan, NC is hispanic, making up 3.5% of the population. Foreign-born residents account for 1.0% of the population in Mayodan, NC, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.0% | 11.9% |
% Black | 2.7% | -79.7% |
% Hispanic | 3.5% | -27.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.0% | -33.3% |
Mortgage and Risk — Mayodan, NC
According to HUD data as of 2023, there were 98 mortgage originations in Mayodan, NC, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Mayodan, NC. Investor activity is low, as 2.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 98 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Mayodan, NC
Mayodan, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 65 |
Total Units Section 8 | 65 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $750 | $710 |
| 2 Bedroom | -$220 | $1,150 | $930 |
| 3 Bedroom | -$220 | $1,400 | $1,180 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Mayodan, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $155,000 |
| Median Household Income | $45,900 |