Welcome to our 48418 real estate data hub, tailored for investors in Byron, MI. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 48418 in Byron, MI. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SHIAWASSEE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Byron, MI real estate investing. Uncover the wealth of information available, and position yourself for success in the Byron property market.
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Location Overview
- Zip Code: 48418
- City: Byron
- State: MI
- Metro Area: Lansing-East Lansing, MI
- County Name: SHIAWASSEE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $242,524
- Average Home Price (Single Family Homes): $241,561
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 0.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,060
- Average 3 Bedroom Section 8 Rental Rates: $1,410
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.07
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.33
- Number of Units Offered in Section 8 in the County: 328
- Number of Occupied Units in Section 8 in the County: 315
- Percentage of Section 8 Units Occupied in the County: 96.09999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 219
- Total % Appreciation since 2000 (Government Data): 58.51
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.49%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.31%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.32%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 54.66%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 167.61%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 112.48%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 110.43%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%