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Preforeclosure Homes in Owosso, MI 48867

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Living in Owosso, MI

Owosso, MI, is a picturesque small town characterized by its historic charm and community spirit. The area offers a variety of outdoor and recreational activities, alongside a lively downtown filled with local shops and restaurants. It is an attractive place for families looking for a friendly community vibe.

Current Market Conditions in Owosso, MI

The real estate market in Owosso has seen a balanced activity with a slight uptick in both home sales and prices over the past few months. Buyers appreciate the affordability of homes in this area compared to larger urban centers, making it an appealing option for those looking to settle down.

There is a growing interest in Owosso due to its accessible amenities and community-oriented lifestyle. The increase in remote work has also contributed to more families seeking homes in quieter locations with excellent local resources.

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 $170,177.00. 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 $198,211.00, with the most expensive house in Owosso, MI, topping out at $5,360,662.00 and the cheapest home in Owosso, MI, clocking in at $10,444.00. 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 Preforeclosure Homes


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