Byron, IL Foreclosures
How much do homes sell for in Byron, IL?
The average home price is currently $277,632.
In Byron, IL, how many homes are available?
There are currently 1 active home listings available in Byron.
What’s the average rental cost in Byron, IL?
The average rental price in Byron is $1,358.
What is the most expensive home in Byron?
The most expensive home sold in Byron had a price of $3,580,453.
What is currently the cheapest priced home in Byron, IL?
The cheapest home for sale in Byron is priced at $13,871.
Living in Byron, IL
Byron, IL, is a tight-knit community known for its excellent schools and beautiful riverfront parks. With a rich history and many local amenities, Byron offers a small-town feel while being easily accessible to larger urban areas. This combination makes it an attractive place for families and outdoor lovers alike.
Current Market Conditions in Byron, IL
The real estate market in Byron, IL, has remained stable over the past year, with a slight increase in home prices attributed to a growing demand from families and professionals relocating to the area. The community's appeal as a peaceful, family-friendly environment has attracted buyers looking for suburban living.
While the inventory of homes for sale has been low, interest rates have prompted some buyers to enter the market, leading to competitive bidding in certain price ranges. As a result, homes tend to sell quickly, especially those that are well-maintained and updated, highlighting the desirability of this market.
Home Value Estimator For Byron, IL
There are currently 2,792 real estate properties
in Byron, IL,
with a median automated valuation model (AVM) price
of $266,419.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Byron, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Byron, IL,
is $277,632.00, with the most expensive house
in Byron, IL, topping out
at $3,580,453.00 and the cheapest home
in Byron, IL,
clocking in at $13,871.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Byron, IL!
Rent Prices
In Byron, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Byron, IL, is on
a rollercoaster ride. The
average rent price in Byron, IL,
is $1,358.00. Indeed, when looking to rent in
Byron, IL, you can expect to pay as little
as $500.00 or as much
as $2,480.00,
with the average rent median estimated to
be $1,300.00. The good news is that finding
an affordable and desirable property to rent in Byron, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
