Ovid, MI Real Estate
According to census data in the year 2000 there were 607 housing units in Ovid.
This represents a 6.5% growth from 570 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 607 were located in what is classified as a rural area.
Homeownership rate in Ovid is about 75.1%.
Ovid's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Ovid were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||4%|
Owned Homes, Apartments and Condos
|Average Household Size||2.65|
|Median year structure was built||1939|
|Median Value of occupied units||$80,300|
|Median Price asked for vacant units||$80,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.59|
|Median year structure was built||1943|
|Median Monthly Rent asked for vacant units||$288|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||8.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.8%|