Gordo, AL—35466
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gordo, AL
As of Oct '25, the median home price in Gordo, AL is $167,000, with a year-over-year change of 1.0%. This indicates that home prices in Gordo, AL are flat. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $167,000 | 1.0% |
| Single Family | $167,000 | 0.0% |
| 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 | $198,000 | 2.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gordo, AL
Gordo, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gordo, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Gordo, AL is 79. This is a increase of 95.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $227,000 | -10.0% |
Listing Count | 11 | 17.0% |
| Listings as % of Homes | 0.5% | 17.0% |
Days on Market | 79 | 95.0% |
Demographics — Gordo, AL
As of the latest ACS Survey released in 2023, Gordo, AL has a population of 5,240, which has decreased by -5.8% over the past 5 years. Gordo, AL is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,240 | -5.8% |
% Under 18 | 24.7% | 10.8% |
% Seniors | 19.5% | 14.0% |
% WFH | 7.0% | 27.3% |
% w/ College Degree | 16.7% | -7.2% |
As of the latest ACS Survey released in 2023, Gordo, AL is a predominantly white area, with 77.6% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Gordo, AL is black, making up 14.9% of the population. Foreign-born residents account for 3.2% of the population in Gordo, AL, and this percentage has increased by 1500.0% 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 | 77.6% | -5.7% |
% Black | 14.9% | -2.6% |
% Hispanic | 6.2% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.2% | 1,500.0% |
Mortgage and Risk — Gordo, AL
According to HUD data as of 2023, there were 65 mortgage originations in Gordo, AL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Gordo, AL. Investor activity is low, as 3.0% 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 | 65 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Gordo, AL
Gordo, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 117 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | 10.5% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — Gordo, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $167,000 |
| Median Household Income | $52,800 |