Is Owosso, MI 48867 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Owosso is a seller’s market. With about 2.4 months of supply and 39% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.4Under 4 months = seller’s market

Sold above original list39.2%Share of sales, last 3 months

Median sale-to-list99.2%Sold price ÷ list price

Median days on market22Listing to accepted offer

Median price per sq ft$143▲ +8.8% vs. last year

Run the numbers for 48867

Prefilled for 48867Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48867Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bancroft 48414Seller’s market $186 /sq ft Byron 48418Seller’s market $177 /sq ft Corunna 48817Seller’s market $108 /sq ft Durand 48429Seller’s market $145 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology