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Gordo, AL—35466

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$168,000
1.0% YoY Growth
Household Income
$52,800
3.5% YoY Growth
Days on Market
55
35.0% Shorter YoY
Home Price Forecast
-1.6%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Gordo, AL

As of May '26, the median home price in Gordo, AL is $168,000, 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 -1.6%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$168,000-1.0%
Single Family $168,000-2.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$207,0004.5%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    6.6%
    2 Bedrooms
    22.6%
    3 Bedrooms
    55.4%
    4 Bedrooms
    9.7%
    5+ Bedrooms
    4.7%

    Rental Trends — Gordo, AL

    Gordo, AL lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    Studio
    2.4%
    1 Bedroom
    24.8%
    2 Bedrooms
    32.3%
    3 Bedrooms
    37.1%
    4 Bedrooms
    3.4%

    Property Listings — Gordo, AL

    As of May '26, Realtor.com reports that the median days on market for a home in Gordo, AL is 55. This is a decrease of -35.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$270,000-5.0%
    Listing Count
    		14200.0%
    Listings as % of Homes0.5%200.0%
    Days on Market
    		55-35.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % 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%
    Loading chart...

    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
    Loading chart...
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$820
    2 BedroomN/AN/A$1,020
    3 BedroomN/AN/A$1,280
    4 BedroomN/AN/A$1,350

    Affordability — Gordo, AL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$168,000
    Median Household Income$52,800

    Gordo, AL — ZIP Code Boundary Map

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    Frequently Asked Questions