Is Ovid, MI 48866 a buyer’s or seller’s market?
Ovid is a seller’s market. With about 1.1 months of supply and 36% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 76% of U.S. ZIP codes, and #202 of 506 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Ovid housing market right now
In the three months ending August 31, 2026, 36% of homes in Ovid, MI 48866 sold above their list price, the typical home went under contract in 55 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold more slowly (13 days then) and the median sale price rose 27% to $208,860. Overall, Ovid is more competitive than a year ago, so tougher for buyers.
Within Clinton County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in 78%.
Nearby, buyers who want less competition could look at Elsie 48831 (33% sold over asking), while Maple Rapids 48853 (60% sold over asking) and Eagle 48822 (56% sold over asking) are even more competitive.
Run the numbers for 48866
Nearby markets
Bath 48808Balanced $208 /sq ftDewitt 48820Seller’s market $181 /sq ftEagle 48822Seller’s market $176 /sq ftElsie 48831Seller’s market $149 /sq ft Browse all markets →Towns like Ovid nearby
Find towns like Ovid in other states →Where Ovid is
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Questions about Ovid real estate
Is Ovid a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Ovid, MI 48866 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Ovid?
The typical home went under contract in 55 days in the latest three months.
Do homes in Ovid sell over asking?
36% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Ovid?
About 1.23% of a home’s value a year in Clinton County, or roughly $4,920 on a $400,000 home.
What is the median home price in Ovid?
The median sale price was $208,860 in the three months ending August 31, 2026, about $126 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology