Much like other places in this area, it's a bit less expensive compared to the rest of the nation. However it is substantially less expensive compared to the city of Provo.
Home prices
The median home in Mayfield is valued at $169,400. Compared to its surrounding areas this is approximately $4,220 (2%) higher.It is approximately $48,100 (22%) lower in comparison to the rest of the nation, and it is approximately $101,900 (37%) lower compared to the city of Provo.
Rents
Mayfield's median rent is $1,022 a month. It is roughly $294 (40%) higher compared to its surrounding areas.It is roughly $40 (3%) lower compared to the entire nation, and it is approximately $145 (16%) higher compared to the city of Provo.
Nearby places
Centerfield
Centerfield is roughly 5 miles west of Mayfield. The housing prices there are somewhat more expensive. The median home in Centerfield is valued at $205,100, which works out to $35,700 (17%) higher than Mayfield. Its rents are substantially less expensive. Centerfield's median rent is $671 a month, which is $351 (52%) lower than Mayfield.
Gunnison
Gunnison is roughly 5 miles northwest from Mayfield. Real estate prices there are pretty similar. The median home in Gunnison is valued at $172,600, which is $3,200 (1%) higher than Mayfield. Its rents are a lot less expensive. Gunnison's median monthly rent is $647, which comes out to $375 (57%) lower than Mayfield.
Fayette
Fayette is about 9 miles northwest of Mayfield. Its housing prices are a little less expensive. The median home in Fayette is valued at $143,800, which is $25,600 (17%) lower than Mayfield. Rent there is a lot less expensive. The median rent in Fayette is $675 per month, which comes out to $347 (51%) lower than Mayfield.
Manti
Manti is approximately 10 miles north from Mayfield. Real estate prices there are similar. The median home in Manti costs $168,400, which is very similar to Mayfield. Rent there is substantially less expensive. Manti's median monthly rent is $754, which comes out to $268 (35%) lower than Mayfield.
Redmond
Redmond is about 10 miles southwest from Mayfield. Housing prices there are somewhat less expensive. The median home cost in Redmond is $136,000, which works out to $33,400 (24%) lower than Mayfield. Rent there is somewhat less expensive. In Redmond the median monthly rent is $892, which works out to $130 (14%) lower than Mayfield.