Osceola County, Michigan Housing Market

In Osceola County, Michigan, the median home value is $155,400, with a median monthly rent of $807. This places Osceola County at #2136 nationally out of 3134 counties by median home value, and #62 within Michigan.

Median Home Value $155,400
Median Rent $807/mo
Owner Occupancy 83.7%
Price/Rent Ratio 16.0

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Osceola County rose +7.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,689
jobs (private sector)
  • Avg weekly wage: $1,159
  • Establishments: 442
  • BLS QCEW, 2025
🚚

Migration Patterns

+551
net migration (filers, 2021-2022)
  • Inflow: 9,280 (avg $55,792)
  • Outflow: 8,729 (avg $56,144)
  • IRS Statistics of Income

How Osceola County Compares

MetricOsceola CountyMichigan AverageU.S. Average
Median Home Value $155,400 $197,292 $227,706
Median Gross Rent $807 $905 $968
Owner Occupancy Rate 83.7% 80.2% 73.3%
Price/Rent Ratio 16.0 17.9 18.7

Market Analysis

The median home value in Osceola County is 21.2% below the Michigan state average and 31.8% below the U.S. national average. The median rent of $807/month is 10.8% below the state average.

With a price-to-rent ratio of 16.0, the buy-vs-rent decision in Osceola County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Osceola County has an owner-occupancy rate of 83.7%, compared to 80.2% in Michigan and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Greene County Iowa $155,400 $781
Seneca County New York $155,400 $957
Kiowa County Kansas $155,300 $762
Acadia Parish Louisiana $155,500 $681
Blaine County Montana $155,500 $660

Other Counties in Michigan

CountyMedian Home ValueMedian RentOwner Occ.
Ogemaw County $154,900 $823 83.7%
Huron County $154,300 $788 81.8%
Alpena County $153,900 $673 80.0%
Delta County $157,100 $692 82.0%
Dickinson County $153,300 $797 82.4%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).