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OWOSSO, MI 48867

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The OWOSSO, MI real estate market (48867) currently shows 117 active listings, with 42 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

The median listing price has risen 5.4% year-over-year, from $207,450 to $218,725.

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Market Context

Market Context

Population: 27,154  ·  Density: 77.1/mi²  ·  Median household income: $56,695

Typical home value: $136,680  ·  Homeownership: 72.4%

Market Overview

Active Listings
117
⇧ 23.2% vs 95 last year
Pending
42
36% pending ratio
Median Price
$218,725
⇧ 5.4% vs $207,450 last year
Average Price
$259,837
⇧ 11.9% vs $232,112 last year
Days on Market
39
— vs 39 days last year

Price Per Square Foot

Median $/sqft
$152
⇧ 14.3% vs $133/sqft last year
Median Home Size
1,416 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 117 this year vs 95 last year
  • Days on market: 39 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $218,725 (+5.4% YoY)
  • Average: $259,837 (+11.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.8 miles — 210 listings ($57,479,124 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48867Owosso, MI 488670.0 mi72$16,858,728$212,375$234,149
48476Vernon, MI 484769.1 mi4$714,532$185,000$178,633
48649Oakley, MI 4864910.6 mi2$993,666$492,000$496,833
48857Morrice, MI 4885711.4 mi4$743,332$187,500$185,833
48831Elsie, MI 4883111.6 mi9$1,964,403$236,150$218,267
48449Lennon, MI 4844912.3 mi7$2,002,000$252,400$286,000
48616Chesaning, MI 4861613.5 mi17$3,865,936$188,225$227,408
48807Bannister, MI 4880715.0 mi1$229,900$229,900$229,900
48418Byron, MI 4841817.7 mi10$3,520,010$375,000$352,001
48808Bath, MI 4880818.2 mi14$6,960,170$428,975$497,155
48473Swartz Creek, MI 4847318.8 mi43$13,448,379$262,450$312,753
48457Montrose, MI 4845719.6 mi12$2,554,248$159,700$212,854
48655Saint Charles, MI 4865519.8 mi15$3,623,820$237,400$241,588

Frequently Asked Questions

How many homes are for sale in OWOSSO, MI 48867?

As of September 2026, there are 117 active listings in OWOSSO, MI (zip code 48867), compared to 95 the prior year.

What is the median home price in OWOSSO, MI 48867?

The median listing price in OWOSSO, MI 48867 is $218,725 as of September 2026, a 5.4% increase from $207,450 the prior year.

How long do homes stay on the market in OWOSSO, MI?

Homes in OWOSSO, MI 48867 spend an average of 39 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in OWOSSO, MI 48867?

Based on current inventory and days-on-market data as of September 2026, OWOSSO, MI 48867 is currently a Balanced Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

How much can I save on real estate commission in OWOSSO, MI?

With SELL123.com's maximum 3% commission, sellers in OWOSSO, MI 48867 save an estimated $4,375 compared to a typical 5% commission on the median listing price of $218,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.