Byron Center, MI 49315 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Byron Center, MI—49315

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$463,000

5.8% YoY Growth

Household Income

$111,000

44.1% YoY Growth

Days on Market

24.0% Longer YoY

Home Price Forecast

0.9%

Median Rent

$2,300

29.6% YoY Growth

1-Bed Rent

$1,380

1.5% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$2,300

17.7% YoY Growth

Home Price Trends — Byron Center, MI

As of May '26, the median home price in Byron Center, MI is $463,000, with a year-over-year change of 5.8%. This indicates that home prices in Byron Center, MI are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$463,000	5.8%
Single Family	$516,000	4.7%
Condos	$358,000	5.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Byron Center, MI

As of July '25, Rentcast reports the average rent in Byron Center, MI is $2,630, with a year-over-year rent change of 29.6%. Per bedroom, the median rent as of July '25 in Byron Center, MI is 1-bedrooms: $1,380, 3-bedrooms: $2,330, 4-bedrooms: $3,300. The most common rental property sizes in Byron Center, MI are 2-bedroom and 1-bedroom, accounting for 38.8% and 37.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,300	$2,630
Studio Rent	N/A	N/A
1 Bed Rent	$1,380	$1,380
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,300	$2,330
4 Bed Rent	$3,300	$3,300

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% of Rental Stock

1 Bedroom

37.8%

2 Bedrooms

38.8%

3 Bedrooms

9.2%

4 Bedrooms

14.2%

Property Listings — Byron Center, MI

As of May '26, Realtor.com reports that the median days on market for a home in Byron Center, MI is 32. This is a increase of 24.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$545,000	-15.0%
Listing Count	96	2.0%
Listings as % of Homes	0.7%	2.0%
Days on Market	32	24.0%

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Demographics — Byron Center, MI

As of the latest ACS Survey released in 2023, Byron Center, MI has a population of 26,100, which has increased by 14.9% over the past 5 years. Byron Center, MI is a popular place for families, as children make up 27.4% of the population. The area has a highly educated workforce, with 45.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	26,100	14.9%
% Under 18	27.4%	0.7%
% Seniors	17.1%	2.4%
% WFH	12.4%	195.2%
% w/ College Degree	45.5%	28.9%

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As of the latest ACS Survey released in 2023, Byron Center, MI is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Byron Center, MI is hispanic, making up 4.1% of the population. Foreign-born residents account for 4.6% of the population in Byron Center, MI, and this percentage has increased by 4.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	88.8%	-0.3%
% Black	0.5%	-64.3%
% Hispanic	4.1%	2.5%
% Asian	2.5%	-10.7%
% Foreign Born	4.6%	4.5%

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Mortgage and Risk — Byron Center, MI

According to HUD data as of 2023, there were 589 mortgage originations in Byron Center, MI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Byron Center, MI. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	589
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Byron Center, MI

Byron Center, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	0.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$50	$1,380	$1,330
2 Bedroom	N/A	N/A	$1,590
3 Bedroom	-$220	$2,300	$2,080
4 Bedroom	-$1,030	$3,300	$2,270

Byron Center, MI—49315

Key Metrics at a Glance

Home Price Trends — Byron Center, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Byron Center, MI

% of Rental Stock

Property Listings — Byron Center, MI

Demographics — Byron Center, MI

Race and Ethnicity

Mortgage and Risk — Byron Center, MI

Mortgages

Rentals and Section 8 — Byron Center, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Byron Center, MI

Home Price to Income Ratio

Byron Center, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Grandville, MI

Moline

Dorr, MI

Kentwood, MI

Wyoming, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$463,000
Median Household Income	$111,000

Byron Center, MI—49315

Key Metrics at a Glance

Home Price Trends — Byron Center, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Byron Center, MI

% of Rental Stock

Property Listings — Byron Center, MI

Demographics — Byron Center, MI

Race and Ethnicity

Mortgage and Risk — Byron Center, MI

Mortgages

Rentals and Section 8 — Byron Center, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Byron Center, MI

Home Price to Income Ratio

Byron Center, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Grandville, MI

Moline

Dorr, MI

Kentwood, MI

Wyoming, MI

Frequently Asked Questions

What is the average home price in Byron Center, MI 49315?

How have home prices in Byron Center, MI 49315 changed over the past year?

What is the home price projection for Byron Center, MI 49315?

What are the demographics of Byron Center, MI 49315?

How long does it take homes to sell in Byron Center, MI 49315?

What is the average rent price in Byron Center, MI 49315?