Is Byron, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Byron is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Byron has remained a Seller's Market.

Key Takeaway

Byron is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Byron, NY

How much do homes in Byron, NY cost?

Median Sold Price

$225,000

$122/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$35,000(-13.5%)

Key Takeaway

Homes in Byron have sold for 13.5% less than they did a month ago.

Summary: The median home sold price in Byron was $225,000 in March 2024, down 13.5% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $250K-
N/A
4 $270K$225K
-16.7%
5+ --
N/A

Summary: Byron housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Clarendon
+15.1%
Byron
-13.5%

Housing Supply in Byron, NY

How many homes are available in Byron, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
42-50.0%

Summary: The Byron real estate market had 2 homes for sale in March 2024, a 50.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The Byron housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Byron, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Byron in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Byron, NY

How long does it take to sell a home in Byron, NY?

Average Sale Time

Feb 2024Mar 2024CHANGE
10 Days11 Days+4.8%

Summary: Homes in Byron had an average of 11 days on market in Mar 2024, up by 4.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Byron are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Byron; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Byron, NY

Nearby Markets to Byron, NY