The housing market in Byron, IL (61010) is currently valued at an average of $221,700. This is significantly lower than the US median house value of $338,100 and the one year appreciation rate reflects this difference at 7.18% compared to 8.27% nationally. Despite these lower figures, the housing market in Byron remains vibrant and has great potential for growth, making it a great place to invest in real estate.
The median home cost in Byron (zip 61010) is $221,700. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Byron (zip 61010) is up 14.1%.
Average Age of Homes
- The median age of Byron (zip 61010) real estate is 32 years old
The Rental Market in Byron (zip 61010)
- Renters make up 17.9% of the Byron (zip 61010) population
- 0.0% of houses and apartments in Byron (zip 61010), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.