The housing market in Ovid, MI is thriving, with the median value of homes in the area being $170,900. This is significantly lower than the US median value of $338,100 but still has seen an 8.98% appreciation rate over the past 1 year, which is higher than the US average of 8.27%. Therefore, this could be a great time to consider investing in property in Ovid as there are many potential opportunities for growth.
The median home cost in Ovid is $170,900. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Ovid is up 12.2%.
Average Age of Homes
- The median age of Ovid real estate is 66 years old
The Rental Market in Ovid
- Renters make up 26.9% of the Ovid population
- 1.8% of houses and apartments in Ovid, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.