Zip 55920 (Byron, MN) Housing

The housing market in 55920 Byron, MN is slightly below the national average. The median value of a house in 55920 Byron, MN is $350,900, while the U.S. median value for houses is $338,100. While the U.S. experienced an appreciation rate of 8.27% for homes over the course of one year, 55920 Byron, MN only saw an appreciation rate of 6.78%. This suggests that homes in this area are appreciating at a slower rate than most other parts of the country and may be a good market to consider if you are looking for great deals on real estate investment opportunities.

The median home cost in Byron (zip 55920) is $350,900. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Byron (zip 55920) is up 11.4%.

Average Age of Homes

- The median age of Byron (zip 55920) real estate is 27 years old

The Rental Market in Byron (zip 55920)

- Renters make up 15.2% of the Byron (zip 55920) population
- 0.2% of houses and apartments in Byron (zip 55920), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Byron, Minnesota	United States
	3,163.0	139,647,020.0
	26	42
	$350,900	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$12.95	$10.98
	$3,698	$2,690
	83.6%	57.4%
	2.2%	11.2%
	14.3%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	0.7%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	1.8%	2.4%
	0.1%	2.8%
	0.5%	3.9%
	1.1%	4.5%
	4.6%	11.3%
	13.2%	13.0%
	31.6%	20.1%
	19.1%	13.6%
	9.7%	8.3%
	13.9%	9.7%
	2.3%	3.9%
	0.5%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	28.2%	13.6%
	28.2%	13.6%
	19.2%	13.6%
	11.6%	13.2%
	8.0%	14.8%
	19.2%	13.6%
	5.7%	10.0%
	0.9%	4.7%
	8.6%	12.2%

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