Is Byron, MI 48418 a buyer’s or seller’s market?

The Byron housing market right now

In the three months ending August 31, 2026, 31% of homes in Byron, MI 48418 sold above their list price, the typical home went under contract in 12 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (31% then), homes sold faster (27 days then) and the median sale price fell 2% to $324,809. Overall, Byron is more competitive than a year ago, so tougher for buyers.

Within Shiawassee County, homes here sell faster than in 89% of the county’s ZIP codes, and sell less often over asking than in 78%. On our competition score, Byron ranks #243 of 510 MI ZIP codes with enough sales (score 67 out of 100).

Nearby, buyers who want less competition could look at New Lothrop 48460 (0% sold over asking) or Lennon 48449 (17% sold over asking), while Bancroft 48414 (83% sold over asking) and Morrice 48857 (80% sold over asking) are even more competitive.