61242 Cordova, IL is a great place to find housing. The median value of homes in the area is $180,200, significantly lower than the US median house value of $338,100. Property values have appreciated by 6.99% over the past year in Cordova, which is slightly lower than the US average of 8.27%. With its relatively low cost of living and high appreciation rates, Cordova is an excellent option for those looking for affordable housing with potential for increased equity and wealth building over time.
The median home cost in Cordova (zip 61242) is $180,200. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Cordova (zip 61242) is up 8.3%.
Average Age of Homes
- The median age of Cordova (zip 61242) real estate is 51 years old
The Rental Market in Cordova (zip 61242)
- Renters make up 13.6% of the Cordova (zip 61242) population
- 1.6% of houses and apartments in Cordova (zip 61242), 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.