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Foreclosure Homes in Ovid, MI 48866

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Ovid, MI Foreclosures

How much do homes sell for in Ovid, MI?
The average home price is currently $222,933.
In Ovid, MI, how many homes are available?
There are currently 8 active home listings available in Ovid.
What’s the average rental cost in Ovid, MI?
The average rental price in Ovid is $1,367.
What is the most expensive home in Ovid?
The most expensive home sold in Ovid had a price of $1,830,561.
What is currently the cheapest priced home in Ovid, MI?
The cheapest home for sale in Ovid is priced at $12,995.

Living in Ovid, MI

Ovid, MI, is a charming small town characterized by its strong community spirit and beautiful rural surroundings. With a focus on family-friendly activities and local education, it offers a serene lifestyle. Ovid provides a variety of recreational options and is conveniently located near larger cities for added amenities.

Current Market Conditions in Ovid, MI

The Ovid real estate market has shown signs of steady growth, with an increase in demand for homes as more buyers are discovering the town's charm. Properties in Ovid still maintain affordability compared to neighboring areas, making it attractive for first-time homebuyers and families.

Current market trends indicate a competitive environment where homes receive multiple offers shortly after listing, reflecting the appeal of living in this tight-knit community. Home values have been appreciating, suggesting a stable investment for future buyers.

Home Value Estimator For Ovid, MI

There are currently 2,215 real estate properties in Ovid, MI, with a median automated valuation model (AVM) price of $188,130.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ovid, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ovid, MI, is $222,933.00, with the most expensive house in Ovid, MI, topping out at $1,830,561.00 and the cheapest home in Ovid, MI, clocking in at $12,995.00. In other words, there’s something for every potential homebuyer or savvy investor in Ovid, MI!

Rent Prices In Ovid, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ovid, MI, is on a rollercoaster ride. The average rent price in Ovid, MI, is $1,367.00. Indeed, when looking to rent in Ovid, MI, you can expect to pay as little as $770.00 or as much as $2,650.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Ovid, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Ovid, MI 48866 Foreclosures

Market Trend for Ovid, MI

Total Listings Available: 8

Market Values:

Home Prices from $12,995 to $1,830,561

Average Sales Price: $222,933

Rental Values:

Rental from $770 to $2,650

Average Rent Value: $1,367 / month

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