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Owosso, MI
Full City Profile · Michigan · Shiawassee County County
3.0
/5.0
B
Good
14,658
Population
2,792/sq mi density
$53,702
Median Income
$31,760 per capita
$121,500
Home Value
$179,004 Zillow
$831
Median Rent
30.2% income on rent
48°F
Avg Temperature
260 sunny days/yr
674
Violent Crime/100K
1,368 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$53,702 median income, 3.3% unemployment
A+
Affordability
5.0 / 5.0
$121,500 home value, $831/mo rent
F
Safety
1.0 / 5.0
674 violent crimes/100K (77% above avg)
C+
Education
2.6 / 5.0
19.7% bachelor's degree or higher
Housing Overview
Median Home Value
$121,500
57% below
US avg: $281,900
Median Rent
$831/mo
29% below
US avg: $1,163/mo
Homeownership Rate
66.2%
1% above US avg (65.4%)
Total Housing Units
6,978
Median year built: 1951
Home Value by Source
Census Median
$121,500
Zillow (ZHVI)
$179,004
Median Sale Price
$148,000
Median List Price
$157,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.2%
Owner-Occupied
33.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$831/mo
Market Indicators (Redfin)
Median Days on Market
39 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
19
Price Drops
17.1%
of listings with price reduction
Price Per Sq Ft
$124
Active Inventory
35
homes for sale
Affordability & Housing Stock
Rent Burden
30.2%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
66.2%
Complete Housing Data
Home Values
| Census Median Value | $121,500 |
| Zillow Home Value (ZHVI) | $179,004 |
| Median Sale Price | $148,000 |
| Median List Price | $157,450 |
| Price Per Sq Ft | $124 |
Rent
| Census Median Rent | $831 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 39 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 17.1% |
| Homes Sold | 19 |
| Active Inventory | 35 |
| Price Per Sq Ft | $124 |
Ownership & Stock
| Owner-Occupied | 66.2% |
| Renter-Occupied | 33.8% |
| Homeownership Rate | 66.2% |
| Total Housing Units | 6,978 |
| Median Year Built | 1951 |
| Rent Burden | 30.2% |