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Housing in Ovid Township

48 homes sold in Ovid Township in the last year, at a typical $196K

Redfin reports Ovid Township’s sales by ZIP code, so these figures are for ZIP 48866, which takes in Ovid Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Ovid Township homes are listed.

Homes for sale in Ovid TownshipZillowRealtor.comMore places to look ↓
Homes sold
48
ZIP 48866 · June 2025 to May 2026
Typical sale price
$196K
median, weighted by sales
Price per square foot
$129
Michigan $172
Paid vs. asking
99.5%
35% sold over asking
For sale now
11
May 2026 · 2 sold that month
What sold · last 12 months · ZIP 48866

Houses are 99% of Ovid Township’s sales, at a typical $198K

48 homes sold in the year to May 2026.

Houses$198K

typical sale · 47 sold in 12 months

Per square foot
$130MI $172
Days to sell
32
Sold over asking
35%
14 years of sales

About as many homes sell as usual, at twice the 2016 price

48 sales in the last year, against 61 in 2018 and a low of 24 in 2024. The typical sale went from $96K in 2016 to $196K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 48 sold, typical $49K’122013: 37 sold, typical $56K2014: 49 sold, typical $82K’142015: 37 sold, typical $105K2016: 54 sold, typical $96K’162017: 49 sold, typical $113K2018: 61 sold, typical $116K’182019: 44 sold, typical $117K2020: 37 sold, typical $137K’202021: 47 sold, typical $152K2022: 51 sold, typical $169K’222023: 48 sold, typical $171K2024: 24 sold, typical $182K’242025: 40 sold, typical $186KLast 12 months: 48 sold, typical $196KNow

Source: Redfin Data Center, MLS sales; for ZIP 48866, which takes in Ovid Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Ovid Township

Houseat $130 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Ovid Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Ovid Township are more common than before the pandemic, but 45% fewer homes come up for sale

We read every month of home sales in ZIP 48866 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 48 sales.

If you’re buying in Ovid Township

  • Shop in July. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
  • Bid near asking. Buyers paid 99.5% of the list price on average; 35% paid over.
  • Move fast on good ones. 46% of homes are under contract within two weeks.
Best time to buy

Fall brings the homes; spring brings the bidding wars

September has the most new listings (about 5 a month), but April is the most competitive: 36% of April sales close over asking. July and August offer nearly as much choice with fewer homes bid up (28%). July has the least competition (28%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 3 new listings a month, 29% sold over asking, 81 days to sellJFeb: 3 new listings a month, 29% sold over asking, 83 days to sellFMar: 3 new listings a month, 29% sold over asking, 91 days to sellMApr: 4 new listings a month, 36% sold over asking, 67 days to sellAMay: 5 new listings a month, 33% sold over asking, 69 days to sellMJun: 5 new listings a month, 36% sold over asking, 58 days to sellJJul: 5 new listings a month, 28% sold over asking, 54 days to sellJAug: 5 new listings a month, 30% sold over asking, 56 days to sellASep: 5 new listings a month, 32% sold over asking, 61 days to sellSOct: 5 new listings a month, 36% sold over asking, 58 days to sellONov: 4 new listings a month, 34% sold over asking, 56 days to sellNDec: 4 new listings a month, 30% sold over asking, 63 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Michigan as a whole

Ovid Township now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price35%26%49%31%
Gone within two weeksShare of homes under contract within 14 days46%3%30%43%
Listings with a price cutShare of homes for sale that cut their price———28%
Price paid vs. askingAverage sale price ÷ list price99.5%98.2%100.2%98.4%
Days to sellMedian days from listing to contract32833833
Supply

8 homes for sale on a typical day

That’s twice the 2024 low (4), 45% fewer than in 2017–19 and well under 2015’s 26.

2012: 25 for sale’122013: 24 for sale2014: 26 for sale2015: 26 for sale’152016: 23 for sale2017: 17 for sale2018: 17 for sale’182019: 11 for sale2020: 9 for sale2021: 9 for sale’212022: 8 for sale2023: 7 for sale2024: 4 for sale’242025: 7 for saleLast 12 months: 8 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 48866, which takes in Ovid Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Ovid Township home costs about $1,214 a month

Mortgage
Property tax
Insurance
Rent

Price: Ovid Township’s typical sale, last 12 months. Property tax at Ovid Township’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Ovid Township is affordable on local pay is on Cost of living.

Before you buy in Ovid Township

Six things worth knowing

5

New listings in September

The month with the most choice. February has the fewest, about 3.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $196K home, about $2,290 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Ovid Township, from test results, graduation and how much students grow.

Schools in Ovid Township
32 min

Typical commute

The average one-way trip to work for people who live in Ovid Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Elsie and Owosso sell for less a square foot; DeWitt Township for far more

The busier markets within 25 miles of Ovid Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Owosso250$152K$12541%26
St. Johns99$232K$15233%48
DeWitt Township56$357K$17036%31
Ovid Township (ZIP 48866)48$196K$12935%32
Bath Township25$317K$15820%49
Elsie22$165K$10836%59
Laingsburg21$261K$14333%42

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Ovid Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Ovid Township. People who follow the town see it, and so do people comparing Ovid Township with their own town. No commission, no listing fee.

Questions about buying a home in Ovid Township

What do homes sell for in Ovid Township, MI?

48 homes sold in the year to May 2026 at a typical $196K, $129 a square foot.

Is Ovid Township a buyer’s or seller’s market?

A balanced market: 11 homes were for sale in May 2026 and 2 sold, about 5.5 months of supply. Buyers paid 99.5% of asking on average.

When is the best time to buy in Ovid Township?

September brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Ovid Township?

About 1.2% of a home’s value a year. On a $196K home that’s near $2,290.

Where can I see homes for sale in Ovid Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Ovid Township’s MLS listings; the search links above open each one filtered to Ovid Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48866, which takes in Ovid Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).