Byron, IL Housing Market & Real Estate

Balanced market+0.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Byron, IL is $161,000, up 0.6% year-over-year. Homes sell in an average of 41 days with 9 active listings. The market is currently a balanced market.

$161,000median sale price

Is Byron a buyer's or seller's market?

Balanced market3.0 months of supply41 avg. days on market

Byron, IL is currently a balanced market, based on 3.0 months of supply and homes selling in about 41 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

41

Average pace

Active listings

9

3.0 months supply

Sale-to-list

94.7%

Below asking

Byron, IL market data

Current housing market statistics for Byron, IL
MetricValue
Median sale price$161,000
Median list price$237,000
Year-over-year price change+0.6%
Average days on market41 days
Active inventory9 listings
Months of supply3.0 months
Sale-to-list price ratio94.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Byron housing market is currently classified as a balanced market with a median sale price of $161,000. Prices have risen 0.6% compared to last year, with homes spending an average of 41 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Byron

There are currently 9 homes listed for sale in Byron, Illinois. The median listing price is $237K.

Active listings

9

Homes on market

Median list price

$237K

Avg. days on market

41

Days until sale

New this week

2

Newly listed

Price drops:22.2%of listings
Sale-to-list:94.7%

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Frequently asked questions

What is the average home price in Byron?

The median home sale price in Byron is $161,000, up 0.6% from last year.

How long do homes stay on market in Byron?

Homes typically spend 41 days on market before going under contract.

Is Byron a buyer's or seller's market?

With 3.0 months of supply, Byron is currently a balanced market.

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