The housing market in Cordova, IL is currently at a median value of $188,400, which is considerably lower than the US median value of $338,100. Despite this difference in value, Cordova's one-year house appreciation rate is still quite high at 6.99%, only slightly below the national average of 8.27%. This indicates that home prices in Cordova are trending upwards and homeowners may be able to benefit from an increase in their property values over time.
The median home cost in Cordova is $188,400. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Cordova is up 8.3%.
Average Age of Homes
- The median age of Cordova real estate is 46 years old
The Rental Market in Cordova
- Renters make up 19.3% of the Cordova population
- 2.6% 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.