Median home value

$155,400Median home value · Census

Property tax rate

1.02%Below state avg 1.25%Median bill $1,584/yr · Census

Median rent

$8072-bed $873Per month · Census

30-yr mortgage rate

7.24%Freddie Mac weekly average

What the numbers say

Osceola County, MI real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Osceola County pay a median of $1,584 a year in property taxes on a median home value of $155,400, an effective rate of about 1.02%. The Michigan average is 1.25%, which makes Osceola County the #32 lowest-tax of 83 counties in the state with published tax data.

Renters pay a median of $807 a month, and $873 for a two-bedroom. At today's prices a typical home costs about 16 times a year's rent.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $155,000 home here comes to about $1,044 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $45,000 a year (the median household here earns $58,267).

Monthly payment on a typical home

$1,044/mo
  • Principal & interest$847
  • Property tax$132
  • Insurance (est.)$65

$155,000 home · 20% down · 7.24% 30-year fixed

Run your own numbers

Rents in Osceola County by bedrooms

Studio$38058% below state
1 bedroom$55340% below state
2 bedrooms$87325% below state
3 bedrooms$91831% below state
4 bedrooms$1,18817% below state

Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.

Selling here?See what you'd walk away with after commissions and closing costs.Seller net sheet → Buying here?Monthly payment with Osceola County's real property tax rate.Mortgage calculator → Agent here?Find out how many listing appointments you need to hit your income goal.Agent income calculator →

Other Michigan counties

All Michigan counties compared →

Real estate agent in Osceola County?

We find motivated homeowners, qualify them, and book the call onto your calendar.

Book a discovery call

Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.