Photo: kennethaw88 · CC BY 4.0250 homes sold in Owosso in the last year, at a typical $152K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Owosso homes are listed.
Every place Owosso homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Owosso.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 92% of Owosso’s sales, at a typical $153K
250 homes sold in the year to May 2026.
typical sale · 230 sold in 12 months
- Per square foot
- $129MI $172
- Days to sell
- 25
- Sold over asking
- 41%
- Listings with a price cut
- 29%
Multi-family (2–4 units): 16 sold, typical $135K
Condos: 4 sold, typical $245K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.3 times the 2016 price
250 sales in the last year, against 301 in 2018 and a low of 219 in 2013. The typical sale went from $67K in 2016 to $152K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Owosso
Check a listing against what Owosso homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Owosso are more common than before the pandemic, but half fewer homes come up for sale
We read every month of Owosso’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 250 sales.
If you’re buying in Owosso
- Shop in August. It brings about 32 new listings a month, close to the busiest month, with fewer bidding wars (40% over asking).
- Bid near asking. Buyers paid 99.1% of the list price on average; 41% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 33 a month), but July is the most competitive: 48% of July sales close over asking. August offers nearly as much choice with fewer homes bid up (40%). April has the least competition (31%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Michigan
| Owosso now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 41% | 31% | 48% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 48% | 3% | 54% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 29% | — | 19% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 99.1% | 98.2% | 101.1% | 98.4% |
| Days to sellMedian days from listing to contract | 26 | 78 | 21 | 33 |
40 homes for sale on a typical day
That’s 1.6 times the 2023 low (25), 50% fewer than in 2017–19 and well under 2015’s 122.
1 in 3 listings has cut its price
29% in the last year, against — in 2017–19 and 28% across Michigan.
Houses and condos, year by year
A house typically sold for $153K in the last year (230 sales), a condo for $245K (4).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Owosso ranks 34th of 194 busy Michigan markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Owosso is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Owosso home costs about $1,006 a month
Price: Owosso’s typical sale, last 12 months. Property tax at Owosso’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Owosso is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 16.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $152K home, about $2,560 a year.
Taxes vs. neighborsSchools
The schools grade for Owosso, from test results, graduation and how much students grow.
Schools in OwossoCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Morrice and Elsie sell for less a square foot
The busier markets within 25 miles of Owosso, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Owosso | 250 | $152K | $125 | 41% | 26 |
| Durand | 62 | $163K | $125 | 39% | 36 |
| Corunna | 42 | $199K | $139 | 26% | 57 |
| Perry | 38 | $208K | $130 | 26% | 46 |
| Elsie | 22 | $165K | $108 | 36% | 59 |
| Morrice | 21 | $157K | $111 | 52% | 40 |
| Laingsburg | 21 | $261K | $143 | 33% | 42 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Owosso, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Owosso. People who follow the town see it, and so do people comparing Owosso with their own town. No commission, no listing fee.
Questions about buying a home in Owosso
What do homes sell for in Owosso, MI?
250 homes sold in the year to May 2026 at a typical $152K, $125 a square foot.
Is Owosso a buyer’s or seller’s market?
A seller’s market: 41 homes were for sale in May 2026 and 24 sold, about 1.7 months of supply. Buyers paid 99.1% of asking on average, and 29% of listings cut their price.
When is the best time to buy in Owosso?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Owosso?
About 1.7% of a home’s value a year. On a $152K home that’s near $2,560.
Where can I see homes for sale in Owosso?
Zillow, Redfin, Realtor.com and Homes.com all carry Owosso’s MLS listings; the search links above open each one filtered to Owosso.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).