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  4. /Byron Center, MI - 49315

Byron Center, MI—49315

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$465,000
5.1% YoY Growth
Household Income
$111,000
44.1% YoY Growth
Days on Market
32
24.0% Longer YoY
Home Price Forecast
2.3%
Median Rent
$2,300
29.6% YoY Growth
1-Bed Rent
$1,380
1.5% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,300
17.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Byron Center, MI

As of May '26, the median home price in Byron Center, MI is $465,000, with a year-over-year change of 5.1%. This indicates that home prices in Byron Center, MI are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$465,0005.1%
Single Family $519,0004.4%
Condos $359,0004.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$324,0003.8%
    3 Bed
    		$424,0004.7%
    4 Bed
    		$537,0003.9%
    5 Bed $654,4713.6%
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    % of Housing Stock

    1 Bedroom
    3.4%
    2 Bedrooms
    18.0%
    3 Bedrooms
    30.9%
    4 Bedrooms
    34.8%
    5+ Bedrooms
    12.9%

    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.

    TypeMedian RentAverage Rent
    Average Rent$2,300$2,630
    Studio Rent N/AN/A
    1 Bed Rent $1,380$1,380
    2 Bed Rent N/AN/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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$545,000-15.0%
    Listing Count
    		962.0%
    Listings as % of Homes0.7%2.0%
    Days on Market
    		3224.0%
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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.

    MetricLatest CensusYoY % Change
    Population
    		26,10014.9%
    % Under 18
    		27.4%0.7%
    % Seniors
    		17.1%2.4%
    % WFH
    		12.4%195.2%
    % w/ College Degree
    		45.5%28.9%
    Loading chart...

    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

    MetricLatest Census5-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

    MetricZip 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 SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$50$1,380$1,330
    2 BedroomN/AN/A$1,590
    3 Bedroom-$220$2,300$2,080
    4 Bedroom-$1,030$3,300$2,270

    Affordability — Byron Center, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$465,000
    Median Household Income$111,000

    Byron Center, MI — ZIP Code Boundary Map

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    Frequently Asked Questions