The housing market in Cordova, NC is very healthy and has seen significant appreciation in the past year. The median value of homes in Cordova, NC is $116,900, significantly lower than the US median value of $338,100. However, the 1 year house appreciation rate for Cordova, NC was 16.91%, much higher than the US 1 year house appreciation rate of 8.27%. This indicates that home values in this area are rising quickly and that it may be a good time to invest in real estate within the town.
The median home cost in Cordova is $116,900. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Cordova is up 19.9%.
Average Age of Homes
- The median age of Cordova real estate is 40 years old
The Rental Market in Cordova
- Renters make up 33.9% 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.