Byron, IL

The real estate market in Byron is constantly changing, as new homes and apartments are being built, while others are being sold or rented. There are a variety of real estate options available in Byron, from single-family homes to townhomes and condos.

The median price of a home in Byron was $191,000 in January 2019. The average price of a home has increased by 7% over the past year. The most expensive neighborhoods in Byron are the Lakeside Estates ($269,000), the Woodlands ($242,000), and the Villages at Byron Hills ($219,000). The least expensive neighborhoods are the Northwoods ($128,000), the Village at River Bend ($135,000), and the Southwoods ($141,000).

There is a wide range of housing options available in Byron. Single-family homes can be found in all price ranges, from $130,000 to $1 million+. Townhomes and condos can also be found throughout the city. There are more than 100 condo units available for sale or rent in Byron right now.

The availability of housing is one of the main factors influencing prices in Byron. More people are moving to Byron every month than ever before; this has led to an increase in demand for housing and an increase in prices. Another factor that affects prices is interest rates; when interest rates rise, it makes it more expensive for people to borrow money to buy a house or rent an apartment. Finally, there is always competition for houses and apartments between buyers and renters.