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Cheap Homes in Owosso, MI

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Owosso, MI Foreclosures

How much do homes sell for in Owosso, MI?
The average home price is currently $197,409.
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 $5,427,389.
What is currently the cheapest priced home in Owosso, MI?
The cheapest home for sale in Owosso is priced at $10,605.

Living in Owosso, MI

Owosso, MI is a charming small city that blends historical significance with modern living. Nestled in Shiawassee County, it boasts a vibrant downtown, a rich tapestry of community events, and beautiful outdoor spaces. With good schools and convenient access to highways, Owosso is perfect for families and individuals alike.

Current Market Conditions in Owosso, MI

The current real estate market in Owosso has been steady, with prices showing gradual upward trends as demand increases. The community's charm, coupled with its affordability, continues to attract homebuyers, making it a competitive market for those interested in moving to the area.

Interest in Owosso real estate has surged, particularly among first-time homebuyers and those looking for a quieter lifestyle away from larger urban centers. As economic development initiatives continue to roll out, stronger job prospects and community engagement bolster the housing market.

Home Value Estimator For Owosso, MI

There are currently 10,041 real estate properties in Owosso, MI, with a median automated valuation model (AVM) price of $169,114.00. 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 $197,409.00, with the most expensive house in Owosso, MI, topping out at $5,427,389.00 and the cheapest home in Owosso, MI, clocking in at $10,605.00. 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.

Cheap Homes in Owosso, MI


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