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Owosso Micro Area Housing

 

As of 2010-2014, median price of a house in Owosso Area is $104,700, which is lower than the state average of $120,200 and is much lower than the national average of $175,700. The median year that a house in Owosso Area was built is 1967, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 21,027 Owner Occupied Houses in Owosso Area, #597
Owosso Area
104,700 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Owosso Area
-21.63%
Michigan
3.98%
U.S.
46.91%

*The Owosso Area median house price growth rate is since 2005-2009. The Michigan and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Owosso AreaMichiganU.S.
Total Housing Units30,184, see rank, 100%4,532,719132,741,033
Occupied Housing Units27,435, 90.89%, see rank84.45%87.55%
Owner Occupied21,027, 69.66%, see rank60.41%56.34%
Renter Occupied6,408, 21.23%, see rank24.04%31.21%
Vacant Housing Units2,749, 9.11%, see rank15.55%12.45%
For Rent414, 1.37%, see rank1.84%2.34%
For Sale Only322, 1.07%, see rank1.40%1.20%
Rented or Sold, Not Occupied169, 0.56%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use493, 1.63%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant1,351, 4.48%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #669
Owosso AreaMichiganU.S.
196719691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Owosso Area%MichiganU.S.
Owner-Occupied Units21,027100%2,738,01274,787,460
With a Mortgage13,03862.01%, see rank63.63%65.58%
Without a Mortgage7,98937.99%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Owosso Area
1,159 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsOwosso Area%MichiganU.S.
$299 or Less330.25%, see rank0.19%0.20%
$300 to $4992521.93%, see rank1.88%1.59%
$500 to $6991,2019.21%, see rank6.65%5.01%
$700 to $9993,07723.60%, see rank19.56%14.32%
$1,000 to $1,4995,21940.03%, see rank34.69%27.90%
$1,500 to $1,9991,99615.31%, see rank20.06%20.35%
$2,000 to $2,9991,1769.02%, see rank12.84%19.52%
$3,000 or More840.64%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Owosso Area
23.00% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Owosso Area%MichiganU.S.
10% or Less7305.60%, see rank5.90%5.86%
10% to 20%4,46934.28%, see rank35.28%31.95%
20% to 30%3,69528.34%, see rank27.51%27.64%
30% to 40%1,87814.40%, see rank12.63%13.74%
40% or More2,22117.03%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Owosso Area
439 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsOwosso Area%MichiganU.S.
$199 or Less2703.38%, see rank4.74%7.76%
$200 to $2991,13314.18%, see rank12.46%14.70%
$300 to $4993,72546.63%, see rank40.41%34.63%
$500 to $6991,97424.71%, see rank25.95%21.16%
$700 or More88711.10%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Owosso Area
13.00% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Owosso Area%MichiganU.S.
10% or Less2,86235.82%, see rank35.33%40.19%
10% to 20%2,82135.31%, see rank33.76%31.47%
20% to 30%1,08113.53%, see rank13.39%12.24%
30% to 40%3764.71%, see rank6.18%5.64%
40% or More7659.58%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Owosso AreaMichiganU.S.
Total Housing Units30,184, 100%4,532,719132,741,033
1-unit, Detached23,860, 79.05%, see rank71.97%61.65%
1-unit, Attached520, 1.72%, see rank4.66%5.82%
2 Units871, 2.89%, see rank2.58%3.75%
3 or 4 Units740, 2.45%, see rank2.56%4.43%
5 to 9 Units820, 2.72%, see rank4.20%4.78%
10 or More Units1,265, 4.19%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.2,108, 6.98%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Owosso AreaMichiganU.S.
Total Housing Units30,184, 100%4,532,719132,741,033
1 Room147, 0.49%, see rank1.24%1.95%
2 Rooms307, 1.02%, see rank1.78%2.48%
3 Rooms1,718, 5.69%, see rank7.14%9.13%
4 Rooms3,474, 11.51%, see rank14.38%16.60%
5 Rooms6,501, 21.54%, see rank21.00%20.41%
6 Rooms6,319, 20.93%, see rank20.07%18.06%
7 Rooms4,738, 15.70%, see rank13.45%12.27%
8 Rooms3,427, 11.35%, see rank9.27%8.48%
9 Rooms or More3,553, 11.77%, see rank11.67%10.60%
Median Rooms6.00, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Owosso AreaMichiganU.S.
Total Housing Units30,184, 100%4,532,719132,741,033
No Bedroom201, 0.67%, see rank1.35%2.17%
1 Bedroom2,467, 8.17%, see rank9.11%11.16%
2 Bedrooms6,835, 22.64%, see rank26.33%26.69%
3 Bedrooms15,124, 50.11%, see rank43.93%39.70%
4 Bedrooms4,518, 14.97%, see rank15.80%16.05%
5 or More Bedrooms1,039, 3.44%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Owosso AreaMichiganU.S.
Total Housing Units27,435, 100%3,827,880116,211,092
Utility Gas16,407, 59.80%, see rank77.13%48.85%
Bottled, Tank, or LP Gas5,441, 19.83%, see rank8.48%4.86%
Electricity2,102, 7.66%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.1,502, 5.47%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood1,523, 5.55%, see rank3.39%2.12%
Solar Energy7, 0.03%, see rank0.02%0.05%
Other Fuel310, 1.13%, see rank0.86%0.47%
No Fuel Used143, 0.52%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalOwosso AreaMichiganU.S.
Occupied Units Paying Rent5,912, 100%1,028,83539,201,928
$199 or Less111, 1.88%, see rank1.86%1.50%
$200 to $299257, 4.35%, see rank3.88%3.18%
$300 to $499951, 16.09%, see rank9.32%7.37%
$500 to $6991,930, 32.65%, see rank23.63%16.01%
$700 to $9992,032, 34.37%, see rank35.23%29.17%
$1,000 to $1,499592, 10.01%, see rank20.17%26.88%
$1,500 to $1,99931, 0.52%, see rank3.85%9.79%
$2,000 or More8, 0.14%, see rank2.06%6.10%
Median$675, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Owosso AreaMichiganU.S.
Occupied Housing Units27,435, 100%3,827,880116,211,092
No Vehicles Available1,846, 6.73%, see rank7.97%9.12%
1 Vehicles Available8,656, 31.55%, see rank35.06%33.80%
2 Vehicles Available10,298, 37.54%, see rank38.45%37.48%
3 or More Vehicles Available6,635, 24.18%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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