Housing in Owosso, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$145,000

Median List Price

$157,200

Price Per Sq Ft

$89

Days on Market

28

Active Inventory

37

Months of Supply

2.8

Seller's market

Zillow Home Value

$177,192

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 6.2%List Price 1.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

15.4%

Off Market in 2 Weeks

19.1%

Sale-to-List Ratio

96.8%

Buyer's market

Sold Above Asking
15.4%
Under Contract in 2 Wks
19.1%
Listings with Price Drops
46.0%

Market Activity

Source: Redfin

Homes Sold

13

New Listings

8

Pending Sales

21

Homes Sold 8.3%New Listings 66.7%Pending 10.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$89

Median List $/SF

$123

Sale $/SF 28.8%List $/SF 0.0%Mar 24Jan 26

Owosso vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Owosso is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$121,500

Median Rent

$831

Total Housing Units

7,090

Vacancy Rate

12.3%

Owner Occupied

66.2%

Renter Occupied

33.8%

Median Property Tax

$2,198

per year

Monthly Cost (w/ Mortgage)

$859

Housing Types

Single Family
73.2%
Multi-Family
24.5%
Mobile Home
2.3%

The current median sale price in Owosso, MI is $145,000 according to Redfin data. Homes spend a median of 28 days on the market. 15.4% of homes sold above asking price. The market has 2.8 months of supply. The median price per square foot is $89. The median rent is $831 per month (Census ACS). About 66.2% of housing units are owner-occupied. The median year homes were built is 1951. There are 7,090 total housing units.