Gordo, AL has a median housing value of $145,200 which is significantly lower than the US house median value of $338,100. In the past year, the US has seen an appreciation of 8.27% in house values while Gordo, AL has experienced an even larger appreciation of 10.84%. This makes Gordo an attractive option for those looking to purchase property due to its affordable housing options and rapid appreciation.
The median home cost in Gordo is $145,200. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Gordo is up 13.6%.
Average Age of Homes
- The median age of Gordo real estate is 48 years old
The Rental Market in Gordo
- Renters make up 42.9% of the Gordo population
- 3.2% of houses and apartments in Gordo, 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.