The housing market in Cordova, NM is booming compared to the national average. The median value of a house in Cordova is $130,300, which is much lower than the US median of $338,100. However, in the past year, the appreciation rate of houses in Cordova has been 15.22%, much higher than the 8.27% national average for the same period. This shows that people are increasingly interested in investing in real estate here and it's a great time to buy or invest in property within this area.
The median home cost in Cordova is $130,300. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Cordova is up 15.7%.
Average Age of Homes
- The median age of Cordova real estate is 35 years old
The Rental Market in Cordova
- Renters make up 22.8% of the Cordova population
- 0.0% 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.