Ord, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Ord Neighborhoods Since 2000




Ord, NE Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Ord Housing Market Information

With a population of 2,061, 1,025 total housing units (homes and apartments), and a median house value of $94,206, house prices in Ord are solidly below the national average.

Single-family detached homes are the single most common housing type in Ord, accounting for 85.05% of the city's housing units. Other types of housing that are prevalent in Ord include large apartment complexes or high rise apartments ( 8.06%), mobile homes or trailers ( 3.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.77%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ord. Owner-occupied housing accounts for 67.65% of Ord's homes, and 54.83% have either three or four bedrooms, which is average sized relative to America.

The housing in Ord was primarily built before 1939 ( 35.10%), making the housing stock in Ord some of the oldest overall in America, although there is a range of ages of homes in Ord. The next most important housing age is between 1940-1969 ( 32.83%), followed by between 1970-1999 ( 27.79%). There's also some housing in Ord built between 2000 and later ( 4.28%).

Vacant housing appears to be an issue in Ord. Fully 13.94% of the housing stock is classified as vacant. Left unchecked, vacant Ord homes and apartments can be a drag on the real estate market, holding Ord real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Ord Home Appreciation Rates

In the last 10 years, Ord has experienced some of the highest home appreciation rates of any community in the nation. Ord real estate appreciated 29.77% over the last ten years, which is an average annual home appreciation rate of 2.64%, putting Ord in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Ord definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Ord's appreciation rate, at 5.36%, has been at or slightly above the national average. In the latest quarter, Ord's appreciation rate has been 0.99%, which annualizes to a rate of 4.02%.

Relative to Nebraska, our data show that Ord's latest annual appreciation rate is lower than 60% of the other cities and towns in Nebraska.

Average Home Values

 

Median Home Value:
$94,206

Ord, NE HOME PRICES

Value Range
> $1,144,000 0.0
$858,001 - $1,144,000 0.0
$572,001 - $858,000 0.0
$457,001 - $572,000 0.0
$343,001 - $457,000 0.5
$229,001 - $343,000 0.7
$114,001 - $229,000 37.2
$57,001 - $114,000 38.8
$0 - $57,000 22.8

Low for NE
Very Low for Nation

Value Relative to Nation Value Relative to State
81.2199695300598 74.8717948717949

Number Of Homes And Apartments:
1,025

Ord Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NE*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
62.21% 2.84% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$605 / per month

Homeownership Rate

Homeownership
Owners 67.65
Renters 32.35
Vacant 13.94

Housing Market Details

 

Age of Homes

AGE OF Ord HOMES
2000 or Newer 4.3
1970 - 1999 27.8
1940 - 1969 32.8
1939 or Older 35.1

Types of Homes

TYPE OF Ord HOMES
Single-Family 85.1
Townhomes 0.6
Small Apt. Buildings 2.8
Apt. Complexes 8.1
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF Ord HOMES
No Bedroom 0.00
1 Bedroom 12.43
2 Bedrooms 28.30
3 Bedrooms 36.69
4 Bedrooms 18.14
5 or more bedrooms 4.45

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Zip Codes in Ord, NE