$199,000
1.60 Acres
Land
Christine L VanEngen, Listing Office: Condo Concepts of Michigan
Is Byron Center, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Byron Center has remained a Seller's Market.
Key Takeaway
Byron Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Byron Center, MI
How much do homes in Byron Center, MI cost?
Median Sold Price
$455,422
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$55,522(+13.9%)
Key Takeaway
Homes in Byron Center have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Byron Center was $455,422 in September 2024, up 13.9% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $319K | $462.3K | +44.9% |
| 2 Bedrooms | $271.7K | $312.5K | +15.0% |
| 3 Bedrooms | $352.5K | $401K | +13.8% |
| 4 Bedrooms | $479.9K | $500K | +4.2% |
| 5+ Bedrooms | $584.9K | $645K | +10.3% |
Summary: Byron Center housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.9%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Byron Township | $365K | $416.6K | +14.2% |
| Byron Center | $399.9K | $455.4K | +13.9% |
| Dorr Township | $322K | $345K | +7.1% |
| Wyoming | $245.3K | $260.7K | +6.3% |
| Gaines Charter Township | $353K | $364.5K | +3.3% |
Housing Supply in Byron Center, MI
How many homes are available in Byron Center, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 134 | 142 | +6.0% |
Summary: The Byron Center real estate market had 142 homes for sale in September 2024, a 6.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 43 | 44 | +2.3% |
| 4 Bedrooms | 37 | 48 | +29.7% |
| 5+ Bedrooms | 38 | 32 | -15.8% |
Summary: The Byron Center housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 29.7%, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 39 | 35 | -10.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Byron Center, you may be able to get a good deal. 48.6% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Byron Center in September 2024, down by 10.3% month-over-month. Of the 35 sold homes, 49% were sold under asking, 37% were sold at asking, and 14% were sold over asking.
Days on Market for Byron Center, MI
How long does it take to sell a home in Byron Center, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 39 Days | 27 Days | -31.4% |
Summary: Homes in Byron Center had an average of 27 days on market in Sep 2024, down by 31.4% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Byron Center are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 35 homes were sold in Byron Center; 71% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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