Cordova, MD—21625
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cordova, MD
As of Oct '25, the median home price in Cordova, MD is $436,000, with a year-over-year change of 2.2%. This indicates that home prices in Cordova, MD are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $436,000 | 2.2% |
| Single Family | $435,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $419,000 | 0.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cordova, MD
Cordova, MD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cordova, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Cordova, MD is 86. This is a increase of 21.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $554,000 | 7.0% |
Listing Count | 10 | -7.0% |
| Listings as % of Homes | 0.3% | -7.0% |
Days on Market | 86 | 21.0% |
Demographics — Cordova, MD
As of the latest ACS Survey released in 2023, Cordova, MD has a population of 1,840, which has decreased by -32.5% over the past 5 years. Cordova, MD is a moderately popular place for families, as children make up 20.5% of the population. The area has a poorly educated workforce, with 22.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,840 | -32.5% |
% Under 18 | 20.5% | -16.7% |
% Seniors | 15.1% | -7.9% |
% WFH | 12.5% | 42.0% |
% w/ College Degree | 22.5% | -4.7% |
As of the latest ACS Survey released in 2023, Cordova, MD is a predominantly white area, with 78.7% of the population identifying as white. The white population has shrunk by 11.8% in the last 5 years. The second most common race or ethnicity in Cordova, MD is black, making up 4.8% of the population. Foreign-born residents account for 2.7% of the population in Cordova, MD, and this percentage has increased by 145.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.7% | -11.8% |
% Black | 4.8% | -54.3% |
% Hispanic | 3.5% | ∞% |
% Asian | 1.1% | 450.0% |
% Foreign Born | 2.7% | 145.5% |
Mortgage and Risk — Cordova, MD
According to HUD data as of 2023, there were 52 mortgage originations in Cordova, MD, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Cordova, MD. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 52 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Cordova, MD
Cordova, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,520 |
| 2 Bedroom | N/A | N/A | $1,680 |
| 3 Bedroom | $350 | $2,000 | $2,350 |
| 4 Bedroom | N/A | N/A | $2,820 |
Affordability — Cordova, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $436,000 |
| Median Household Income | $93,600 |