Byron, GA 31008 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Byron, GA—31008

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$258,000

2.6% YoY Growth

Household Income

$82,900

49.6% YoY Growth

Days on Market

36.0% Longer YoY

Home Price Forecast

3.1%

Median Rent

$1,800

3.4% YoY Growth

1-Bed Rent

$1,280

N/A

2-Bed Rent

$995

22.7% YoY Growth

3-Bed Rent

$1,650

1.8% YoY Growth

Home Price Trends — Byron, GA

As of Dec '25, the median home price in Byron, GA is $258,000, with a year-over-year change of 2.6%. This indicates that home prices in Byron, GA are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$258,000	2.6%
Single Family	$259,000	2.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Byron, GA

As of July '25, Rentcast reports the average rent in Byron, GA is $1,690, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Byron, GA is studios: $500, 1-bedrooms: $1,300, 2-bedrooms: $1,160, 3-bedrooms: $1,610, 4-bedrooms: $2,110. The most common rental property sizes in Byron, GA are 3-bedroom and 2-bedroom, accounting for 42.2% and 34.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,690
Studio Rent	$500	$500
1 Bed Rent	$1,280	$1,300
2 Bed Rent	$995	$1,160
3 Bed Rent	$1,650	$1,610
4 Bed Rent	$2,100	$2,110

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% of Rental Stock

1 Bedroom

7.4%

2 Bedrooms

34.6%

3 Bedrooms

42.2%

4 Bedrooms

13.0%

5+ Bedrooms

2.7%

Property Listings — Byron, GA

As of Dec '25, Realtor.com reports that the median days on market for a home in Byron, GA is 64. This is a increase of 35.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$289,000	5.0%
Listing Count	111	28.0%
Listings as % of Homes	1.1%	28.0%
Days on Market	57	36.0%

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Demographics — Byron, GA

As of the latest ACS Survey released in 2023, Byron, GA has a population of 20,900, which has increased by 13.6% over the past 5 years. Byron, GA is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	20,900	13.6%
% Under 18	23.8%	3.5%
% Seniors	14.7%	-3.3%
% WFH	14.2%	576.2%
% w/ College Degree	22.7%	23.4%

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As of the latest ACS Survey released in 2023, Byron, GA is a predominantly white area, with 61.5% of the population identifying as white. The white population has shrunk by 14.8% in the last 5 years. The second most common race or ethnicity in Byron, GA is black, making up 28.2% of the population. Foreign-born residents account for 2.1% of the population in Byron, GA, and this percentage has decreased by 27.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	61.5%	-14.8%
% Black	28.2%	24.8%
% Hispanic	6.2%	138.5%
% Asian	0.5%	-54.5%
% Foreign Born	2.1%	-27.6%

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Mortgage and Risk — Byron, GA

According to HUD data as of 2023, there were 540 mortgage originations in Byron, GA, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Byron, GA. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	540
% Conventional Loans	51.0%
% Government Loans	49.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Byron, GA

As of 2024, the percent of homes in Byron, GA under the Section 8 program is 2.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Byron, GA, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	64
Total Units Section 8	32
% Rentals under Section 8	2.7%
% Occupied Section 8	62.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$70	$1,280	$1,210
2 Bedroom	$355	$995	$1,350
3 Bedroom	$60	$1,650	$1,710
4 Bedroom	-$230	$2,100	$1,870

Byron, GA—31008

Key Metrics at a Glance

Home Price Trends — Byron, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Byron, GA

% of Rental Stock

Property Listings — Byron, GA

Demographics — Byron, GA

Race and Ethnicity

Mortgage and Risk — Byron, GA

Mortgages

Rentals and Section 8 — Byron, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Byron, GA

Home Price to Income Ratio

Byron, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Warner Robins, GA

Warner Robins, GA

Macon, GA

Lizella, GA

Fort Valley, GA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$258,000
Median Household Income	$82,900

Byron, GA—31008

Key Metrics at a Glance

Home Price Trends — Byron, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Byron, GA

% of Rental Stock

Property Listings — Byron, GA

Demographics — Byron, GA

Race and Ethnicity

Mortgage and Risk — Byron, GA

Mortgages

Rentals and Section 8 — Byron, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Byron, GA

Home Price to Income Ratio

Byron, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Warner Robins, GA

Warner Robins, GA

Macon, GA

Lizella, GA

Fort Valley, GA

Frequently Asked Questions

What is the average home price in Byron, GA 31008?

How have home prices in Byron, GA 31008 changed over the past year?

What is the home price projection for Byron, GA 31008?

What are the demographics of Byron, GA 31008?

How long does it take homes to sell in Byron, GA 31008?

What is the average rent price in Byron, GA 31008?