Market Overview
Home Prices in Ovid, CO
The median home value in Ovid, CO is $128,084 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.2% compared to a year ago and down 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ovid are priced69% below average.
Over the past five years, Ovid home values have fallen by approximately0.7%, reflecting softening conditions in this market.
Price History
Ovid Home Price Trend
2020
$98,354
$98K
—
2021
$128,945
$129K
+31.1%
2022
$142,958
$143K
+10.9%
2023
$132,560
$133K
-7.3%
2024
$138,046
$138K
+4.1%
2025
$130,952
$131K
-5.1%
2026
$128,084
$128K
-2.2%
City Comparison
Ovid vs. National Median
🏠 Ovid
$128,084
National Median
$410,000
At $128,084, homes in Ovid cost 69% below the national median of $410,000. This makes Ovid a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ovid?
20% Down Payment
$25,617
on $128,084
Monthly P&I
$668/mo
30-yr @ 6.8%
Total Monthly Est.
~$848/mo
incl. taxes & insurance
Income Needed
$33,920
gross annual (30% rule)
10% Down Option
$12,808
+ PMI applies
Loan Amount (20% dn)
$102,467
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ovid, CO?
The median home value in Ovid is $128,084 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.2% year-over-year.
How much have home prices changed in Ovid?
Over the past year, home values in Ovid have decreased by 2.2%. Over five years, prices have fallen approximately 0.7%.
How much do I need to earn to buy a home in Ovid?
To comfortably afford the median home price of $128,084 with a 20% down payment ($25,617) at today's rates (6.8%), you'd need a gross annual income of approximately $33,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Ovid compare to the national average home price?
The national median home value is approximately $410,000. At $128,084, homes in Ovid are 69% below the national average.