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Owosso MI Multi-family Properties For Sale
The median home value in Owosso, MI is $139,800. This is lower than the county median home value of $157,400. The national median home value is $338,100. The average price of homes sold in Owosso, MI is $139,800. Approximately 56.20% of Owosso homes are owned, compared to 34.45% rented, while 9.36% are vacant. Owosso real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Owosso real estate agent to arrange a tour today!
Learn More About Owosso Real EstateStatistics & facts
14,708
Population
$139K
Medium Home Value
6,221
# of Households
9.35%
Housing Vacancy
37.85%
Future Job Growth
3.70%
Unemployment Rate
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 RMLS Alliance. All rights reserved.
Population
Owosso has a population of approximately 14,708 and experiences a population change rate of -6.40%. The population density is 2,802.6 / sq mi.
Household
The median household income for Owosso is $45,599, with 6,221 households and an average household size of 2.33.
Cost of Living
The cost of living index in Owosso is 82%.
Home Value
The median value of a home in Owosso is $139,800 with an appreciation rate of 12.2%. 56.2% of housing in the city is owned while 34.4% is rented.
Employment
The unemployment rate in Owosso is 3.70%, and recent job growth is at 3.54%. Future job growth is projected at 37.85%.
Taxes
The sales tax rate in Owosso is 6.00%, while the income tax rate is 4.25%.
Education
School expenditures in Owosso are $14,195, and the school ratio is 16.5:1.
Weather
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 32.6 inches per year, with 35.3 inches of snow per year.
Education near Owosso MI
| Metric | City | County |
|---|---|---|
| High School Graduates | 89.65 | 92.04 |
| College Degree - 2 year | 10.49 | 10.95 |
| College Degree - 4 year | 15.76 | 18.23 |
| Graduate Degree | 2.91 | 4.41 |
| Expenditures per Student | $14,195 | $14,195 |
| Students per Teacher | 16.50 | 16.50 |
Elementary Schools near Owosso MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Big Rock Elementary School | PK - 04 | 538 | 17.8 | 48616 |
| Bryant School | KG - 05 | 494 | 19.8 | 48867 |
| Central School | KG - 05 | 372 | 24.3 | 48867 |
| Emerson School | KG - 05 | 525 | 20 | 48867 |
| Leonard Elementary School | KG - 03 | 468 | 21.1 | 48866 |
Middle Schools near Owosso MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Chesaning Middle School | 05 - 08 | 443 | 17.5 | 48616 |
| E.E. Knight Elementary School | 04 - 06 | 353 | 23 | 48831 |
| OVID-Elsie Middle School | 07 - 08 | 238 | 18.8 | 48831 |
| Owosso Middle School | 06 - 08 | 719 | 19.4 | 48867 |
High Schools near Owosso MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Chesaning Union High School | 09 - 12 | 539 | 22.9 | 48616 |
| OVID-Elsie High School | 09 - 12 | 482 | 19.1 | 48831 |
| Owosso High School | 09 - 12 | 974 | 21.4 | 48867 |
Ungraded Schools near Owosso MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * Lincoln Alternative High School | 09 - 12 | 120 | 18.5 | 48867 |
| * OVID-Elsie Comm. Ed./Alt. H.S. | 09 - 12 | 38 | 38 | 48866 |
| Great Lakes Online School | 06 - 12 | 22 | 66.7 | 48831 |
| Shiawassee RESD - Student Learning Center - West | PK - 12 | 156 | 13.4 | 48867 |
