Much like its nearby areas, it is substantially less expensive compared to the entire country. Compared to the city of Detroit however, it's significantly more expensive.
Home prices
The median home in Owosso costs $84,300. This is about $1,900 (2%) higher in comparison to its nearby areas.It is roughly $133,200 (61%) lower in comparison to the nation as a whole, and in comparison to the city of Detroit is approximately $35,100 (71%) higher.
Rents
The median rent in Owosso is $731 a month. It is about $33 (4%) higher in comparison to nearby areas.It is roughly $331 (31%) lower compared to the country as a whole, and in comparison to the city of Detroit it is roughly $93 (11%) lower.
Nearby places
Middletown
Middletown is Owosso's neighbor to the southeast. The real estate prices there are a bit less expensive. The median home in Middletown is valued at $67,800, which works out to $16,500 (24%) lower than Owosso. Rents there are a little less expensive. Middletown's median monthly rent is $578, which works out to $153 (26%) lower than Owosso.
Corunna
Corunna is approximately 2 miles east of Owosso. Housing prices there are a little more expensive. Corunna's median home price is $89,300, which comes out to $5,000 (5%) higher than Owosso. Rents there are somewhat more expensive. In Corunna the median rent is $823 per month, which comes out to $92 (11%) higher than Owosso.
Vernon
Vernon is about 7 miles southeast from Owosso. Its housing prices are a bit more expensive. The median home in Vernon costs $97,200, which comes out to $12,900 (13%) higher than Owosso. Its rents are similar. Vernon's median rent is $725 per month, which is very similar to Owosso.
Ovid
Ovid is roughly 8 miles west of Owosso. Its housing prices are a bit less expensive. The median home value in Ovid is $73,500, which is $10,800 (14%) lower than Owosso. The rent there is a little less expensive. Ovid's median rent is $643 per month, which works out to $88 (13%) lower than Owosso.
Bancroft
Bancroft is about 9 miles southeast of Owosso. Its housing prices are pretty similar. The median home in Bancroft costs $84,200, which is very similar to Owosso. The rent there is similar. The median rent in Bancroft is $719 a month, which is $12 (1%) lower than Owosso.
