Start Free
All market snapshots / 48867

Owosso, MI 48867 Housing Market

Data snapshot: November 9, 2026. Closed-sale window: last 6 months.
Owosso, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.18
ActiveActive listings: 3333PendingPending sales: 66
Owosso, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $240k$240kSoldMedian sold price (last 6 months): $200k$200k
What homes actually sell for in Owosso, MI
Distribution of 257 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $145k to $295k
$72k to $119k: 28 sales$72k$119k to $166k: 53 sales53sales$166k to $213k: 50 sales$166k$213k to $261k: 36 sales$261k to $308k: 24 sales$261k$308k to $355k: 23 sales$355k to $403k: 9 sales$355k$403k to $450k: 9 salesMedian $200k

What the numbers say

As of November 9, 2026, Resideline is tracking 33 active listings and 6 pending sales in ZIP code 48867. That pending-to-active ratio of 0.18 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $239,900, while the median of the 257 closed sales Resideline tracked over the last six months was $200,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48867 for 86 days.

Frequently asked questions

What is the median home price in 48867?

The median closed sale price in Owosso, MI 48867 was $200,000 over the last six months, based on 257 closed sales tracked by Resideline. The middle half of those sales ranged from $145,000 to $295,000.

Is 48867 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 33 active listings in 48867, a pending-to-active ratio of 0.18. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,798 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.12. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 48867 is currently a faster-moving market.

Nearby ZIP code market data

Full Owosso, MI housing market report →

Running a deal in 48867? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 48867 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.