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Bankruptcy Homes in Owosso, MI 48867

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Owosso, MI Foreclosures

How much do homes sell for in Owosso, MI?
The average home price is currently $198,165.
In Owosso, MI, how many homes are available?
There are currently 41 active home listings available in Owosso.
What’s the average rental cost in Owosso, MI?
The average rental price in Owosso is $1,410.
What is the most expensive home in Owosso?
The most expensive home sold in Owosso had a price of $5,406,379.
What is currently the cheapest priced home in Owosso, MI?
The cheapest home for sale in Owosso is priced at $10,548.

Living in Owosso, MI

Owosso, MI is a picturesque city offering a blend of community spirit, rich history, and outdoor recreation. Its lively downtown area hosts shops and eateries, while nearby parks and the Shiawassee River provide ample opportunities for outdoor activities. With quality educational institutions, Owosso is an ideal location for families and individuals seeking both relaxation and engagement in a welcoming environment.

Current Market Conditions in Owosso, MI

Owosso's real estate market has seen increased activity over the past year, driven by a growing demand for affordable housing options. The mix of historic homes and new developments attracts a variety of buyers, from first-time homebuyers to those looking for investment properties. Current market trends indicate a shift towards more competitive bidding situations, especially for homes in desirable neighborhoods.

In the last few months, the housing supply has tightened further, leading to rising prices and quicker sales. Homes that are well-maintained and priced competitively are selling rapidly, often within days of listing. Potential buyers are encouraged to act quickly as opportunities may be fleeting.

Home Value Estimator For Owosso, MI

There are currently 9,989 real estate properties in Owosso, MI, with a median automated valuation model (AVM) price of $170,672.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Owosso, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Owosso, MI, is $198,165.00, with the most expensive house in Owosso, MI, topping out at $5,406,379.00 and the cheapest home in Owosso, MI, clocking in at $10,548.00. In other words, there’s something for every potential homebuyer or savvy investor in Owosso, MI!

Rent Prices In Owosso, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Owosso, MI, is on a rollercoaster ride. The average rent price in Owosso, MI, is $1,410.00. Indeed, when looking to rent in Owosso, MI, you can expect to pay as little as $700.00 or as much as $2,700.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Owosso, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Owosso, MI 48867 Bankruptcy Homes

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