Is Byron, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Byron was a Seller's Market.
Key Takeaway
Byron is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Byron, GA
How much do homes in Byron, GA cost?
Median Sold Price
$243,500
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Byron have sold for 5% more than they did a year ago.
Summary: The median home sold price in Byron was $243,500 in May 2024, up 5% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $222K | $193K | -13.1% |
| 3 Bedrooms | $220K | $233.9K | +6.3% |
| 4 Bedrooms | $275.5K | $305K | +10.7% |
| 5+ Bedrooms | $308K | $309K | 0.3% |
Summary: Byron housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Byron | $231.8K | $243.5K | +5.0% |
| Warner Robins | $220K | $223.7K | +1.7% |
Housing Supply in Byron, GA
How many homes are available in Byron, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 65 | 85 | +30.8% |
Summary: The Byron real estate market had 85 homes for sale in May 2024, a 30.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 35 | 46 | +31.4% |
| 4 Bedrooms | 20 | 25 | +25.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Byron housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 31.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Byron, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Byron in May 2024, up by 44.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Byron, GA
How long does it take to sell a home in Byron, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 21 Days | +88.0% |
Summary: Homes in Byron had an average of 21 days on market in May 2024, up by 88% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Byron are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Byron; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
