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.
Months of supply1.1Under 4 months = seller’s market
Sold above original list35.7%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market55Listing to accepted offer
Median price per sq ft$126▲ +6.9% vs. last year
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 →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology