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Byron, IL

Full City Profile · Illinois · Ogle County County

3.5 /5.0
B+ Good
3,742 Population 805/sq mi density
$78,235 Median Income $36,532 per capita
$182,600 Home Value $263,922 Zillow
$941 Median Rent 26.6% income on rent
49°F Avg Temperature 260 sunny days/yr
84 Violent Crime/100K 837 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$78,235 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$182,600 home value, $941/mo rent
F
Safety
1.0 / 5.0
84 violent crimes/100K
B
Education
3.5 / 5.0
31.1% bachelor's degree or higher

Housing Overview

Median Home Value
$182,600
35% below
US avg: $281,900
Median Rent
$941/mo
19% below
US avg: $1,163/mo
Homeownership Rate
70.9%
8% above US avg (65.4%)
Total Housing Units
1,567
Median year built: 1984

Home Value by Source

Census Median
$182,600
Zillow (ZHVI)
$263,922
Median Sale Price
$161,000
Median List Price
$237,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.9%
Owner-Occupied
29.1%
Renter-Occupied
71%
29%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $941/mo

Market Indicators (Redfin)

Median Days on Market
41 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
22.2%
of listings with price reduction
Price Per Sq Ft
$65
Active Inventory
9
homes for sale

Affordability & Housing Stock

Rent Burden
26.6%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
70.9%

Complete Housing Data

Home Values

Census Median Value$182,600
Zillow Home Value (ZHVI)$263,922
Median Sale Price$161,000
Median List Price$237,000
Price Per Sq Ft$65

Rent

Census Median Rent$941
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market41
Sale-to-List Ratio0.9%
Price Drops22.2%
Homes Sold3
Active Inventory9
Price Per Sq Ft$65

Ownership & Stock

Owner-Occupied70.9%
Renter-Occupied29.1%
Homeownership Rate70.9%
Total Housing Units1,567
Median Year Built1984
Rent Burden26.6%