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Owosso, MI 48867 Housing Market

Data snapshot: October 1, 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): $190k$190k
What homes actually sell for in Owosso, MI
Distribution of 274 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $146k to $289k
$70k to $114k: 32 sales$70k$114k to $159k: 44 sales$159k to $203k: 63 sales63sales$159k$203k to $248k: 34 sales$248k to $292k: 23 sales$248k$292k to $336k: 29 sales$336k to $381k: 10 sales$336k$381k to $425k: 10 salesMedian $190k

What the numbers say

As of October 1, 2026, Resideline is tracking 33 active listings and 6 pending sales in ZIP code 48867. That pending-to-active ratio of 0.18 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $240,000, while the median of the 274 closed sales Resideline tracked over the last six months was $190,000. 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 65 days.

Frequently asked questions

What is the median home price in 48867?

The median closed sale price in Owosso, MI 48867 was $190,000 over the last six months, based on 274 closed sales tracked by Resideline. The middle half of those sales ranged from $146,500 to $289,000.

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. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 48867 currently looks like a balanced market.

Nearby ZIP code market data

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