Ovid, NY—14521
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ovid, NY
As of Oct '25, the median home price in Ovid, NY is $251,000, with a year-over-year change of 2.8%. This indicates that home prices in Ovid, NY are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $251,000 | 2.8% |
| Single Family | $251,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $247,000 | 1.2% |
3 Bed | $234,000 | 2.2% |
4 Bed | $296,000 | 5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ovid, NY
Ovid, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ovid, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Ovid, NY is 58. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $269,000 | -7.0% |
Listing Count | 11 | 23.0% |
| Listings as % of Homes | 0.2% | 23.0% |
Days on Market | 58 | -7.0% |
Demographics — Ovid, NY
As of the latest ACS Survey released in 2023, Ovid, NY has a population of 3,280, which has increased by 39.2% over the past 5 years. Ovid, NY is a moderately popular place for families, as children make up 23.6% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,280 | 39.2% |
% Under 18 | 23.6% | -7.5% |
% Seniors | 19.3% | 4.9% |
% WFH | 13.6% | 130.5% |
% w/ College Degree | 21.1% | 1.9% |
As of the latest ACS Survey released in 2023, Ovid, NY is a predominantly white area, with 85.7% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Ovid, NY is black, making up 8.0% of the population. Foreign-born residents account for 1.0% of the population in Ovid, NY, and this percentage has decreased by 54.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.7% | -10.3% |
% Black | 8.0% | 700.0% |
% Hispanic | 3.5% | 94.4% |
% Asian | 0.1% | ∞% |
% Foreign Born | 1.0% | -54.5% |
Mortgage and Risk — Ovid, NY
According to HUD data as of 2023, there were 40 mortgage originations in Ovid, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Ovid, NY. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 40 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Ovid, NY
Ovid, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 55 |
Total Units Section 8 | 55 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $1,030 |
| 3 Bedroom | N/A | N/A | $1,350 |
| 4 Bedroom | N/A | N/A | $1,730 |
Affordability — Ovid, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $251,000 |
| Median Household Income | $59,700 |