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    Byron, London - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    London, Byron

    Byron, London Real Estate: What Your Neighbours Are Not Telling You

    If you live in Byron and you have been quietly wondering whether your home is worth more or less than it was six months ago, here is the straight answer. The market is not crashing. It is not on fire either. It is doing that thing where you have to pay close attention to the details - because the details are where the money is.

    The Vibe: Houses vs. Condos in Byron Right Now

    Let us break this down the way a neighbour would over the back fence.

    Houses: The average HonestDoor Price for a house in Byron sits at $791,666, down a very small 0.39% from last period. That is not a alarm bell - that is a market taking a breather. Actual sale prices are averaging $958,000, with current listings sitting at $990,000. Buyers are paying about 96.77% of list price, which means if you are listing at $990,000, expect offers closer to $958,000. Homes are moving in an average of 12 days, which is genuinely quick. That is not a slow market - that is a market where prepared sellers win.

    • Average HonestDoor Price (Houses): $791,666
    • Average Sale Price: $958,000
    • Current Average Listing Price: $990,000
    • Price Per Square Foot: $270
    • Sale-to-List Ratio: 96.77%
    • Average Days on Market: 12
    • Estimated Monthly Rent: $3,572
    • Rental Yield: 5.07% - that is a strong return
    • Airbnb Estimate: $177 per night (ranked 20th in London)

    On the neighbourhood leaderboard, Byron houses rank 19 out of 40 for growth in London - right in the above-average tier. For days on market, we rank 4 out of 12, meaning we sell faster than most. For price, we rank 4 out of 19, putting Byron firmly in the higher-priced category across the city. That combination - above-average price, faster-than-average sales - is a solid position to be in.

    Condos: The condo picture is a little more nuanced. The average HonestDoor Price is $582,198, up a modest 0.06%. Small gain, but it is a gain. The 3-month moving average is $587,022, and the current predicted value is $581,833, so values are drifting slightly below that trend line. Rental income potential is $2,819 per month with a 3.69% yield - moderate, but real money. Airbnb potential sits at $140 per night, and Byron condos rank 8th in London for Airbnb - that is a top-tier short-term rental position.

    • Average HonestDoor Price (Condos): $582,198
    • Predicted Market Value: $581,833
    • 3-Month Moving Average: $587,022
    • Estimated Monthly Rent: $2,819
    • Rental Yield: 3.69%
    • Airbnb Estimate: $140 per night (ranked 8th in London)
    • Recent Value Change: -0.46%

    On the condo leaderboard, Byron ranks 22 out of 39 for growth - just below the midpoint. Worth watching. But compared to nearby Oakridge condos at $540,739, Byron condos are still priced higher, which tells you something about how buyers see this neighbourhood.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

    Here is something most homeowners in Byron do not realize. Your city tax assessment is a snapshot from the past. It gets updated on a schedule that has nothing to do with what buyers are actually paying on your street right now. The HonestDoor Price is a real-time estimate - it moves with the market, not with a government calendar.

    Right now, the HonestDoor Price for Byron houses is $791,666. Your tax assessment could be sitting at a number that is thousands of dollars off in either direction. If it is too low, you might be underpricing your home. If it is too high, you might be overpaying on property taxes. Either way, you deserve the real number - not a number from 18 months ago.

    Check your HonestDoor Price today. It takes about 30 seconds and it is the most current read on what your home is actually worth in this market.

    The So What: Should You Sell in Byron This Summer?

    If you are a house owner thinking about listing this summer, here is the honest take. Homes in Byron are selling in 12 days on average. That is fast. Buyers are paying close to list price - within 3.5% - which means the gap between what you want and what you get is not huge right now. The market is stable, not surging, so you are not leaving a pile of money on the table by selling now. But you are also not in a position to wildly overprice and expect a bidding war to bail you out.

    Price it right from day one. A home priced at $990,000 is realistically selling around $958,000. Know that going in, and you will not be disappointed. Know your HonestDoor Price, talk to a local agent, and move with confidence.

    If you own a condo, the calculus is a little different. Values are drifting slightly below the 3-month average. That is not a crisis - it is a signal to act sooner rather than later if selling is on your radar. Waiting for a big rebound is not a strategy the current data supports.

    Byron is a neighbourhood that holds its value. The numbers back that up. The question is just whether you are using the right numbers - and now you are.

    byron | london | august 2026

    This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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