Zip lookup · MI

48867
Owosso, Michigan.

Owosso, Shiawassee County, MI · Lansing-East Lansing, MI metro · population 27,500

What it costs per month · 48867 $991/mo

to buy the typical home at today's mortgage rate — +$543 (+121%) since Jan 2020.

What the home itself did
1 year
Up $8,583 +5%
$180,252$188,836 since Sep 2025
5 years
Up $40,252 +27%
$148,584$188,836 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 48867 $991 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 48867$991
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 14 years.

Typical home values in zip 48867 rose 4.8% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Owosso, MI — measured over the city limits, which is a different area from this zip.

Typical home value $188,836 as of Sep 2026
+4.8%year on year

Typical home value — 48867

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 48867 $188,836 Lansing $246,267 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 48867$188,836
  • Lansing$246,267
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
7.6 48817 Corunna 5,416 — $203,504
7.9 48841 Henderson 729 — $186,064
9.1 48476 Vernon 689 — $167,611
9.4 48866 Ovid 4,607 — $193,227
10.6 48649 Oakley 1,699 — $193,520
11.2 48414 Bancroft 2,488 — $215,591
11.4 48857 Morrice 3,206 — $243,923
11.4 48429 Durand 8,241 — $196,608
11.6 48831 Elsie 3,088 — $203,087
11.9 48848 Laingsburg 8,344 — $303,753
12.3 48449 Lennon 2,744 — $212,941
13.2 48460 New Lothrop 2,701 — $247,395
13.5 48616 Chesaning 7,577 — $216,790
14.2 48872 Perry 6,142 — $271,121
15.0 48807 Bannister 658 — $183,319
17.0 48433 Flushing 26,384 — $242,437
17.7 48418 Byron 4,484 — $297,409
17.9 48614 Brant 943 — $216,121
18.2 48808 Bath 6,527 — $327,662
18.3 48436 Gaines 4,131 — $296,043
18.8 48473 Swartz Creek 22,339 $1,312 $253,086
18.9 48840 Haslett 12,386 $1,320 $307,414
19.6 48457 Montrose 8,770 — $209,988
19.8 48879 Saint Johns 18,413 — $294,578
19.8 48655 Saint Charles 5,760 — $204,887
19.9 48532 Flint 18,496 $1,001 $169,647
20.0 48806 Ashley 1,752 — $192,976

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.