Owosso, MI Real Estate

According to census data in the year 2000 there were 6,684 housing units in Owosso. This represents a 0.5% decline from 6,716 in 1990.

Of those housing units, 6,677 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.

Homeownership rate in Owosso is about 66%. Owosso's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Owosso were built after 1945.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom14.20%
Two Bedrooms28.30%
Three Bedrooms40.60%
Four Bedrooms13.70%
Five Bedrooms or more2%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1942
Median Value of occupied units$81,700
Median Price asked for vacant units$80,300

Rented Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1951
Median Monthly Rent asked for vacant units$417

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage6.60%
Home Equity Loan6.10%
Simple Mortgage52.30%
Debt Free34.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%