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What income do you need to buy in Mayfair?
About $85,000 a year to buy the typical Mayfair home, which sells for about $235,000.
- Typical sale price
- $235,000Median of 277 sales in the past 12 months
- Income needed
- $85,000A year, before taxes
- Cash needed up front
- $34,00010% down, transfer tax and closing costs
Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit). These are estimates, not a loan offer.
What it costs each month
| Principal and interest | $1,477 |
|---|---|
| Property tax | $295 |
| Insurance | $98 |
| Mortgage insurance | $88 |
| Total a month | $1,958 |
Claiming the Homestead Exemption could lower the property tax by about $117 a month. The total above does not include that saving.
How prices have moved
Down 2.1% from the year before, comparing the median sale price of the last 12 months with the 12 months before.
| Quarter | Median sale price | Sales |
|---|---|---|
| Q1 2025 | $238,000 | 47 |
| Q2 2025 | $236,000 | 96 |
| Q3 2025 | $245,000 | 79 |
| Q4 2025 | $232,500 | 84 |
| Q1 2026 | $230,000 | 65 |
| Q2 2026 | $235,000 | 97 |
| Q3 2026 | $235,000 | 58 |
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Cheaper nearby
- Tacony $205,000
- Oxford Circle $230,000
- Wissinoming $171,000
Pricier nearby
- Lexington Park $336,000
- Winchester Park $360,000
- Rhawnhurst $320,000
Questions about buying in Mayfair
What income do you need to buy a home in Mayfair?
About $85,000 a year for the typical Mayfair price of $235,000, keeping the housing payment to 28% of gross income. Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit).
How much cash do you need to buy in Mayfair?
About $34,000 up front at the typical price: 10% down ($24,000), your share of the transfer tax ($5,379) and closing costs ($4,700).
What does a typical home in Mayfair cost per month?
A typical Mayfair home costs about $1,958 a month all in: principal and interest $1,477, property tax $295, insurance $98, mortgage insurance $88. Claiming the Homestead Exemption could lower the tax by about $117 a month.
Based on 277 sales, as of 2026-10-29. Mortgage rate 7.24% (Freddie Mac, week of 2026-10-29). Estimates only, not financial advice. Talk to a lender.