Ovid Real Estate
12 active listings · 44 sold in the past 12mo
$219,950
Median List Price
44
Sold (past 12mo)
56
Avg Days on Market
-1.1%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(12)
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For Sale
1/49
$1,600,000
8680 Parks Road, Ovid, MI 48866
2 bd1 ba62.52 ac
Single Family
Under Contract
1/28
$649,000
2005 N Meridian Road, Ovid, MI 48866
4 bd3 ba6.73 ac
Single Family
For Sale
1/59
$384,900
8580 W Hibbard Road, Ovid, MI 48866
4 bd2 ba2.02 ac
Single Family
For Sale
1/65
$275,000
8812 E Kinley Road, Ovid, MI 48866
3 bd1 ba2.64 ac
Single Family
For Sale
1/24
$269,900
2990 N Hollister Road, Ovid, MI 48866
3 bd2 ba0.83 ac
Single Family
Under Contract
1/34
$240,000
2141 N Meridian Road, Ovid, MI 48866
3 bd1 ba2.50 ac
Single Family
Under Contract
1/24
$199,900
2500 N Ovid Road, Ovid, MI 48866
3 bd1 ba0.85 ac
Single Family
For Sale
1/40
$159,900
220 W Front Street, Ovid, MI 48866
3 bd1 ba0.17 ac
Single Family
For Sale
1/25
$89,900
613 S Main Street, Ovid, MI 48866
2 bd1 ba0.46 ac
Single Family
For Sale
1/7
$80,000
00 E M-21, Ovid, MI 48866
4.18 ac
Single Family
For Sale
1/3
$69,900
217 E Pearl Street, Ovid, MI 48866
2 bd1 ba0.13 ac
Single Family
For Sale
1/6
$30,000
0000 E M21, Ovid, MI 48866
2.13 ac
Single Family
Recently Sold(44)
Frequently Asked Questions about Ovid
Are there homes available in Ovid right now?
There are currently 12 active listings in Ovid. The median asking price is $219,950.
How much do homes cost in Ovid?
Homes in Ovid sell for a median of $219,950, drawn from 44 transactions over the past year.
How long do homes stay on the market in Ovid?
The average days on market in Ovid is 56, based on 44 recent transactions.
What schools are in Ovid?
Ovid is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Ovid may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Ovid?
With 3.3 months of inventory, Ovid is currently a balanced market. This is based on 12 active listings and 44 sales in the past 12 months.
What are property taxes like in Ovid?
Michigan property taxes in Ovid are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Ovid?
Per U.S. Census ACS data, Ovid has a -1.1% Household Formation Gap — essentially flat over the past 15 years. Average household size shifted from 2.53 to 2.35, while population declined 8.1%. This secondary indicator suggests demographic housing demand has remained relatively stable.