Byron Real Estate
12 active listings · 55 sold in the past 12mo
$389,950
Median List Price
55
Sold (past 12mo)
79
Avg Days on Market
+0.3%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Byron Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Byron and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(12)
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For Sale
1/68
$899,900
864 E Lovejoy Road, Byron, MI 48418
5 bd6 ba2,600 sqft32.74 ac
Single Family
For Sale
1/57
$850,000
10117 Hawthorne Lane, Byron, MI 48418
3 bd3 ba7.50 ac
Single Family
For Sale
1/27
$639,750
12301 S New Lothrop Road, Byron, MI 48418
3 bd2 ba6.80 ac
Single Family
For Sale
1/41
$450,000
8573 W Lovejoy Road, Byron, MI 48418
6 bd2 ba2,200 sqft7.10 ac
Single Family
For Sale
1/66
$449,900
11374 Lahring Road, Byron, MI 48418
4 bd2 ba2,900 sqft2 ac
Single Family
For Sale
1/41
$399,900
8751 Bath Road, Byron, MI 48418
3 bd2 ba2,252 sqft10 ac
Single Family
For Sale
1/77
$380,000
7715 Hidden Knoll Court NE 41, Byron, MI 48418
4 bd2 ba2,132 sqft0.72 ac
Single Family
For Sale
1/29
$379,900
7701 Hidden Circle Drive, Byron, MI 48418
3 bd2 ba1,589 sqft0.75 ac
Single Family
For Sale
1/64
$375,000
11704 Glen Mary, Byron, MI 48418
4 bd4 ba3,205 sqft0.70 ac
Single Family
For Sale
1/32
$350,000
16059 Murray Rd, Byron, MI 48418
5 bd2 ba2,128 sqft0.12 ac
Single Family
For Sale
1/32
$334,900
11430 Silver Lake Road, Byron, MI 48418
3 bd2 ba1,612 sqft1 ac
Single Family
For Sale
1/24
$134,900
11035 Charles Drive, Byron, MI 48418
2 bd1 ba864 sqft0.26 ac
Single Family
Recently Sold(55)
Frequently Asked Questions about Byron
Are there homes available in Byron right now?
There are currently 12 active listings in Byron. The median asking price is $389,950.
What is the median home price in Byron?
Homes in Byron sell for a median of $389,950, drawn from 55 transactions over the past year.
How fast do homes sell in Byron?
The average days on market in Byron is 79, based on 55 recent transactions.
What school districts serve Byron?
Byron is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Byron may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Byron a buyer's or seller's market?
With 2.6 months of inventory, Byron is currently a seller's market. This is based on 12 active listings and 55 sales in the past 12 months.
How are property taxes calculated in Byron?
Michigan property taxes in Byron are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Byron?
Per U.S. Census ACS data, Byron has a +0.3% Household Formation Gap — essentially flat over the past 15 years. Average household size shifted from 2.43 to 2.61, while population grew 7.7%. This secondary indicator suggests demographic housing demand has remained relatively stable.