Osceola County, Michigan home prices
Typical home $200,793 · +6.4% in a year · property tax 1.02%
The typical home in Osceola County is worth $200,793, 24% less than the Michigan typical home ($263,760). Values changed +6.4% in the past year and +19.7% over five years. Homeowners here pay a median 1.02% of their home's value in property tax each year ($2,047 on the typical home), versus 1.17% statewide.
Mortgage on the typical Osceola County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $40,159 | $160,635 | $1,081 | $0 | $271 | $1,352 | $57,900 |
| 10% down | $20,079 | $180,714 | $1,216 | $75 | $271 | $1,562 | $66,900 |
| 5% down | $10,040 | $190,754 | $1,283 | $79 | $271 | $1,634 | $70,000 |
| 3.5% down (FHA) | $7,028 | $197,157 | $1,326 | $89 | $271 | $1,686 | $72,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.02% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Michigan.
Michigan counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Huron County | $201,120 | +4.9% | 1.19% |
| Sanilac County | $201,517 | +3.2% | 0.9% |
| Delta County | $203,915 | +9.1% | 1.13% |
| Chippewa County | $196,951 | +6.8% | 1.26% |
| Houghton County | $196,480 | +7.6% | 1.16% |
| Schoolcraft County | $195,805 | +10.0% | 0.99% |
| Genesee County | $195,727 | +4.1% | 1.36% |
| Branch County | $206,792 | +4.6% | 1.16% |
| Alcona County | $194,373 | +8.1% | 0.82% |
| Alpena County | $193,096 | +8.5% | 1.06% |
Frequently asked questions
What is the average home price in Osceola County, MI?
The typical home value in Osceola County is $200,793 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Osceola County?
About $57,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Osceola County?
The median effective rate is 1.02% of home value a year (Census ACS 2024 5-year estimates).