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Featured local agent — Byron, IL
Sarah Mitchell
Compass Real Estate · Byron, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Byron, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$284,750median sale price
How is the Byron, IL housing market right now?
The median home sale price in Byron, IL is $284,750, down 29.2% year-over-year. Homes sell in an average of 57 days with 9 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Byron a buyer's or seller's market?
Byron, IL is currently a seller's market, based on 1.5 months of supply and homes selling in about 57 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
57
Average pace
Active listings
9
1.5 months supply
Sale-to-list
100.6%
Above asking
What does the Byron housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $284,750 |
| Median list price | $262,000 |
| Year-over-year price change | -29.2% |
| Average days on market | 57 days |
| Active inventory | 9 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $162/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 4 |
| Listings with a price cut | 11.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Byron by property type?
How the Byron, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $284,750 | $162/sq ft | 6 | 57 days |
| Condo / Co-op | $161,000 | $65/sq ft | 2 | 41 days |
Source: Redfin · Updated monthly
The Byron housing market is currently classified as a seller's market with a median sale price of $284,750. Prices have fallen 29.2% compared to last year, with homes spending an average of 57 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Byron
There are currently 9 homes listed for sale in Byron, Illinois. The median listing price is $262K.
Active listings
9
Homes on market
Median list price
$262K
Avg. days on market
57
Days until sale
New this week
4
Newly listed
Who lives in Byron?
Population
3,742
Median income
$78,235/yr
Median age
35.8 years
Owner-occupied
70.9%
College grads
31.1%
Avg commute
23.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Byron?
Zillow home value
$278,349
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Byron?
Byron is a community of approximately 4K residents with a median age of 35.8 years.The median household income is $78,235, which reflects a relatively affluent area with strong earning potential. 31.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Byron offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Byron?
4 schools tracked · 1,459 students
The largest public schools serving Byron, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Mary Morgan Elem Sch
Grades PK-5 · 626 students
Byron High School 9-12
Grades 9-12 · 468 students
Byron Middle School
Grades 6-8 · 365 students
OCEC Life Skills
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Byron, IL?
Want a head-to-head view? Compare Byron side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Byron?
The median home sale price in Byron is $284,750, down 29.2% from last year.
How long do homes stay on market in Byron?
Homes typically spend 57 days on market before going under contract.
What is the median income in Byron?
The median household income is $78,235 per year.
Is Byron a buyer's or seller's market?
With 1.5 months of supply, Byron is currently a seller's market.
What is the Zillow home value estimate for Byron?
The Zillow Home Value Index (ZHVI) for Byron is $278,349, representing the typical home value in the area.
What is the median condo price in Byron?
The median condo/co-op sale price in Byron, IL is $161,000, compared to $284,750 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Byron?
The median single-family home price in Byron, IL is $284,750 (about $162 per square foot).
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