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 Units by Size|
|Five Bedrooms or more||2%|
Owned Homes, Apartments and Condos
|Average Household Size||2.55|
|Median year structure was built||1942|
|Median Value of occupied units||$81,700|
|Median Price asked for vacant units||$80,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.28|
|Median year structure was built||1951|
|Median Monthly Rent asked for vacant units||$417|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||6.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.7%|