Is Byron, MI 48418 a buyer’s or seller’s market?
Byron is a seller’s market. With about 2.2 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.2Under 4 months = seller’s market
Sold above original list31.2%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market12Listing to accepted offer
Median price per sq ft$177▼ −12.6% vs. last year
Run the numbers for 48418
Nearby markets
Bancroft 48414Seller’s market $186 /sq ftCorunna 48817Seller’s market $108 /sq ftDurand 48429Seller’s market $145 /sq ftHenderson 48841 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology