Cordova, AK is an attractive place to live due to its high housing median value. The median value for housing in Cordova, AK, is $383,100, which is significantly higher than the US median of $338,100. Despite this higher value of housing in Cordova compared to the US average, the one year appreciation rate for houses in Cordova is still lower than the national average at 6.95%, compared to 8.27% nationally. All things considered, owning property in Cordova can be a great investment with its high housing values and reasonable appreciation rate.
The median home cost in Cordova is $383,100. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Cordova is up 8.7%.
Average Age of Homes
- The median age of Cordova real estate is 42 years old
The Rental Market in Cordova
- Renters make up 19.3% of the Cordova population
- 3.8% 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.