Is Byron, MN 55920 a buyer’s or seller’s market?

The Byron housing market right now

In the three months ending August 31, 2026, 24% of homes in Byron, MN 55920 sold above their list price, the typical home went under contract in 26 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 47 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (24% then), homes sold faster (32 days then) and the median sale price rose 3% to $430,814. Overall, Byron is about as competitive as it was a year ago.

Within Olmsted County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Byron ranks #210 of 296 MN ZIP codes with enough sales (score 58 out of 100).

Nearby, buyers who want less competition could look at Elgin 55932 (0% sold over asking) or Dover 55929 (0% sold over asking), while Oronoco 55960 (43% sold over asking) and Stewartville 55976 (38% sold over asking) are even more competitive.