Byron, MN housing market
Home prices around Byron have risen about 52% over the past 5 years.
Home values, sales, trends and how Byron compares with the towns next door — updated as new data is published.
Home prices up 52% in 5 years
The federal house price index for the ZIP code around Byron rose 52% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 1.6%.
Show as a table
| Year | Change that year | Since 2001 | Minnesota since 2001 |
|---|---|---|---|
| 2025 | +1.6% | +87% | +107% |
| 2024 | +16% | +84% | +102% |
| 2023 | +21% | +59% | +95% |
| 2022 | −4.9% | +31% | +87% |
| 2021 | +12% | +38% | +66% |
| 2020 | −0.6% | +23% | +52% |
| 2019 | −0.9% | +24% | +48% |
| 2018 | +8.6% | +25% | +42% |
| 2017 | +5.8% | +15% | +34% |
| 2016 | +6% | +9.1% | +27% |
| 2015 | −4.4% | +3% | +21% |
| 2014 | +4.8% | +7.7% | +17% |
| 2013 | −1.9% | +2.9% | +11% |
| 2012 | −6.8% | +4.8% | +6.4% |
| 2011 | +0.4% | +13% | +8% |
| 2010 | −5.3% | +12% | +14% |
| 2009 | −8.1% | +18% | +22% |
| 2008 | −0.1% | +29% | +30% |
| 2007 | +3.6% | +29% | +36% |
| 2006 | +4.6% | +25% | +37% |
| 2005 | +17% | +19% | +33% |
| 2004 | +2.3% | +1.4% | +23% |
| 2003 | −1.5% | −0.8% | +13% |
| 2002 | +0.7% | +0.7% | +7.9% |
| 2001 | — | — | — |
How Byron ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 56072, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Byron and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Byron | — | +1.6%† | $970 | $112,500 |
| New Richland | $266K | +5.4% | $970 | $94,250 |
| Wilton | — | −2.6%† | $1,050 | $100,833 |
| Freeborn | $143K | +5.2% | $1,000 | $82,188 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Byron is $970 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $680 · 4 bedrooms $1,550
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56072; Faribault County, MN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Byron
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.