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Featured local agent — Ovid, MI
Sarah Mitchell
Compass Real Estate · Ovid, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ovid, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$133,500median sale price
How is the Ovid, MI housing market right now?
The median home sale price in Ovid, MI is $133,500, up 72.3% year-over-year. Homes sell in an average of 8 days with 4 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ovid a buyer's or seller's market?
Ovid, MI is currently a seller's market, based on 4.0 months of supply and homes selling in about 8 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
8
Fast-moving
Active listings
4
4.0 months supply
Sale-to-list
102.7%
Above asking
What does the Ovid housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $133,500 |
| Year-over-year price change | +72.3% |
| Average days on market | 8 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 102.7% |
| Median price per sq ft | $151/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Ovid by property type?
How the Ovid, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $133,500 | $151/sq ft | 1 | 8 days |
Source: Redfin · Updated monthly
The Ovid housing market is currently classified as a seller's market with a median sale price of $133,500. Prices have risen 72.3% compared to last year, with homes spending an average of 8 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Ovid
There are currently 4 homes listed for sale in Ovid, Michigan.
Active listings
4
Homes on market
Avg. days on market
8
Days until sale
Who lives in Ovid?
Population
1,331
Median income
$49,094/yr
Median age
36.3 years
Owner-occupied
64.1%
College grads
7.8%
Avg commute
23.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Ovid?
Zillow home value
$196,358
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Ovid?
Ovid is a community of approximately 1K residents with a median age of 36.3 years.The median household income is $49,094, which represents a working-class community with solid middle-income opportunities. 7.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.1%, showing a blend of owner and renter-occupied properties. The average commute time is 23.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ovid offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ovid?
2 schools tracked · 354 students
The largest public schools serving Ovid, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Leonard Elementary School
Grades K-2 · 318 students
OvidElsie Comm EdAlt HS
Grades 9-12 · 36 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ovid, MI?
Want a head-to-head view? Compare Ovid side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ovid?
The median home sale price in Ovid is $133,500, up 72.3% from last year.
How long do homes stay on market in Ovid?
Homes typically spend 8 days on market before going under contract.
What is the median income in Ovid?
The median household income is $49,094 per year.
Is Ovid a buyer's or seller's market?
With 4.0 months of supply, Ovid is currently a seller's market.
What is the Zillow home value estimate for Ovid?
The Zillow Home Value Index (ZHVI) for Ovid is $196,358, representing the typical home value in the area.
How much does a single-family home cost in Ovid?
The median single-family home price in Ovid, MI is $133,500 (about $151 per square foot).
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