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 Size

Housing Units by Size
Studio Type0.30%
One Bedroom7.40%
Two Bedrooms25%
Three Bedrooms44.50%
Four Bedrooms18.80%
Five Bedrooms or more4%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1939
Median Value of occupied units$80,300
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1943
Median Monthly Rent asked for vacant units$288

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.60%
Home Equity Loan8.80%
Simple Mortgage45.70%
Debt Free36.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%