The housing market in Gordo, AL (35466) is thriving. According to recent data, the median value of homes here is $155,700. This is significantly lower than the US house median value of $338,100, making it more affordable for potential buyers. Moreover, the 1 year appreciation rate of houses in Gordo stands at 10.84%, higher than the national average of 8.27%. This suggests that real estate investments are likely to be profitable for those looking to purchase property in this area.
The median home cost in Gordo (zip 35466) is $155,700. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Gordo (zip 35466) is up 13.6%.
Average Age of Homes
- The median age of Gordo (zip 35466) real estate is 34 years old
The Rental Market in Gordo (zip 35466)
- Renters make up 17.9% of the Gordo (zip 35466) population
- 0.9% of houses and apartments in Gordo (zip 35466), 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.