All Countries
Ovid, MI
Full City Profile · Michigan · Gratiot County County
3.2
/5.0
B
Good
1,331
Population
1,318/sq mi density
$49,094
Median Income
$24,010 per capita
$92,000
Home Value
$187,718 Zillow
$844
Median Rent
27.2% income on rent
48°F
Avg Temperature
260 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$49,094 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$92,000 home value, $844/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.6 / 5.0
7.8% bachelor's degree or higher
Housing Overview
Median Home Value
$92,000
67% below
US avg: $281,900
Median Rent
$844/mo
27% below
US avg: $1,163/mo
Homeownership Rate
64.1%
2% below US avg (65.4%)
Total Housing Units
630
Median year built: 1954
Home Value by Source
Census Median
$92,000
Zillow (ZHVI)
$187,718
Median Sale Price
$156,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.1%
Owner-Occupied
35.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$844/mo
Market Indicators (Redfin)
Median Days on Market
10 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$117
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
27.2%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
64.1%
Complete Housing Data
Home Values
| Census Median Value | $92,000 |
| Zillow Home Value (ZHVI) | $187,718 |
| Median Sale Price | $156,500 |
| Price Per Sq Ft | $117 |
Rent
| Census Median Rent | $844 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 10 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 2 |
| Price Per Sq Ft | $117 |
Ownership & Stock
| Owner-Occupied | 64.1% |
| Renter-Occupied | 35.9% |
| Homeownership Rate | 64.1% |
| Total Housing Units | 630 |
| Median Year Built | 1954 |
| Rent Burden | 27.2% |