Cordova, MD is an attractive place for housing, with a median value of $371,400. This is significantly higher than the US House Median Value of $338,100 and has seen a greater appreciation rate over the past year at 9.21%, compared to the US 1 year House Appreciation rate of 8.27%. With this much potential for growth in value combined with its current attractiveness, Cordova is an ideal location to purchase a home or invest in real estate.
The median home cost in Cordova is $371,400. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Cordova is up 14.5%.
Average Age of Homes
- The median age of Cordova real estate is 42 years old
The Rental Market in Cordova
- Renters make up 30.5% of the Cordova population
- 10.6% of houses and apartments in Cordova, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.