Total monthly cost of ownership
Cost to Own a Home in Ord, Nebraska
A $110,000 home here costs
$1,051per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $566. The real number is $486 higher every month — 86% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Ord against Valley County and Nebraska
| Measure | Ord | Valley County |
|---|---|---|
| Median home value | $109,500 | $122,200 |
| Median property tax | $1,612 | $1,897 |
| Effective tax rate | 1.472% | 1.552% |
| Median gross rent | $638 | $616 |
| Population | 2,186 | 4,094 |
The weather behind that power bill
Ord sits in Valley County, which averages a high of 87.1°F in its hottest month and a low of 12.2°F in its coldest, with 23.82" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 840 cooling and 6,639 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Valley County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Valley County
No other places of this size are published in Valley County.
Full Valley County cost breakdown · Every county in Nebraska
Common questions
How much does it cost to own a home in Ord?
A $110,000 home in Ord, Nebraska costs approximately $1,051 per month with 20% down at 6.66%. That is $566 principal and interest, $135 property tax, $69 homeowners insurance, $190 utilities and $92 set aside for maintenance.
What is the property tax rate in Ord?
Ord has an effective property tax rate of 1.472%, based on a median home value of $109,500 and median real estate taxes of $1,612. That is lower than the Valley County average of 1.552%.
What is the average home price in Ord?
The median owner-occupied home value in Ord, Nebraska is $109,500, against $122,200 across Valley County.
Is it cheaper to rent or buy in Ord?
Median gross rent in Ord is $638 a month, against $1,051 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ord — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Nebraska.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.