Zip 87523 (Cordova, NM) Housing

Housing in 87523 Cordova, NM is appreciated significantly more than the national median. The median value of housing in this area is $142,600, while the US median value is $338,100. Furthermore, the US 1 year house appreciation rate is 8.27%, while the one year house appreciation rate in 87523 Cordova, NM is 15.22%. This indicates that housing in this area has been increasing in value at a faster rate than the national average.

The median home cost in Cordova (zip 87523) is $142,600. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Cordova (zip 87523) is up 15.7%.

Average Age of Homes

- The median age of Cordova (zip 87523) real estate is 35 years old

The Rental Market in Cordova (zip 87523)

- Renters make up 22.8% of the Cordova (zip 87523) population
- 0.0% of houses and apartments in Cordova (zip 87523), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cordova, New Mexico	United States
	277.0	139,647,020.0
	58	42
	$142,600	$338,100
	15.7%	16.6%
	62.5%	57.0%
	87.6%	101.1%
	$4.71	$10.98
	$348	$2,690
	52.0%	57.4%
	41.9%	11.2%
	6.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	13.0%	3.6%
	28.9%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	21.5%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	59.0%	11.3%
	19.4%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.7%	13.6%
	8.7%	13.6%
	12.6%	13.6%
	11.2%	13.2%
	8.3%	14.8%
	12.6%	13.6%
	6.1%	10.0%
	30.7%	4.7%
	10.1%	12.2%

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