Housing in Ovid, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$167,000

Median List Price

$159,900

Price Per Sq Ft

$124

Days on Market

45

Active Inventory

2

Months of Supply

0.4

Seller's market

Zillow Home Value

$182,662

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 22.9%List Price 60.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

80.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

102.5%

Seller's market

Sold Above Asking
80.0%
Under Contract in 2 Wks
33.3%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

1

Pending Sales

3

Homes Sold 400.0%New Listings 0.0%Pending 200.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$124

Median List $/SF

$119

Sale $/SF 61.0%List $/SF 43.4%Mar 24Jan 26

Ovid vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Ovid is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$92,000

Median Rent

$844

Total Housing Units

604

Vacancy Rate

9.1%

Owner Occupied

64.1%

Renter Occupied

35.9%

Median Property Tax

$1,622

per year

Monthly Cost (w/ Mortgage)

$804

Housing Types

Single Family
72.5%
Multi-Family
17.4%
Mobile Home
10.1%

The current median sale price in Ovid, MI is $167,000 according to Redfin data. Homes spend a median of 45 days on the market. 80.0% of homes sold above asking price. The market has 0.4 months of supply. The median price per square foot is $124. The median rent is $844 per month (Census ACS). About 64.1% of housing units are owner-occupied. The median year homes were built is 1950. There are 604 total housing units.