Market Overview
Home Prices in Ordway, CO
The median home value in Ordway, CO is $162,872 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.9% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ordway are priced60% below average.
Over the past five years, Ordway home values have fallen by approximately1.3%, reflecting softening conditions in this market.
Price History
Ordway Home Price Trend
2020
$131,065
$131K
—
2021
$165,032
$165K
+25.9%
2022
$195,058
$195K
+18.2%
2023
$169,202
$169K
-13.3%
2024
$165,249
$165K
-2.3%
2025
$171,191
$171K
+3.6%
2026
$162,872
$163K
-4.9%
City Comparison
Ordway vs. National Median
🏠 Ordway
$162,872
National Median
$410,000
At $162,872, homes in Ordway cost 60% below the national median of $410,000. This makes Ordway a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ordway?
20% Down Payment
$32,574
on $162,872
Monthly P&I
$849/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,078/mo
incl. taxes & insurance
Income Needed
$43,120
gross annual (30% rule)
10% Down Option
$16,287
+ PMI applies
Loan Amount (20% dn)
$130,298
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 Ordway, CO?
The median home value in Ordway is $162,872 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.9% year-over-year.
How much have home prices changed in Ordway?
Over the past year, home values in Ordway have decreased by 4.9%. Over five years, prices have fallen approximately 1.3%.
How much do I need to earn to buy a home in Ordway?
To comfortably afford the median home price of $162,872 with a 20% down payment ($32,574) at today's rates (6.8%), you'd need a gross annual income of approximately $43,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Ordway compare to the national average home price?
The national median home value is approximately $410,000. At $162,872, homes in Ordway are 60% below the national average.