Cordova, AL—35550
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cordova, AL
Cordova, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $83,000 | -9.2% |
| Single Family | $83,000 | -10.8% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cordova, AL
As of July '25, Rentcast reports the average rent in Cordova, AL is $950, with a year-over-year rent change of 5.6%. Per bedroom, the median rent as of July '25 in Cordova, AL is 3-bedrooms: $950. The most common rental property sizes in Cordova, AL are 2-bedroom and 3-bedroom, accounting for 42.4% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $950 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $950 | $950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cordova, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Cordova, AL is 173. This is a increase of 55.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $228,000 | -16.0% |
Listing Count | 12 | -45.0% |
| Listings as % of Homes | 0.4% | -45.0% |
Days on Market | 173 | 55.0% |
Demographics — Cordova, AL
As of the latest ACS Survey released in 2023, Cordova, AL has a population of 5,050, which has decreased by -12.3% over the past 5 years. Cordova, AL is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 8.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,050 | -12.3% |
% Under 18 | 19.8% | -2.5% |
% Seniors | 19.3% | -7.7% |
% WFH | 1.7% | 41.7% |
% w/ College Degree | 8.2% | -12.8% |
As of the latest ACS Survey released in 2023, Cordova, AL is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Cordova, AL is black, making up 8.3% of the population. Foreign-born residents account for 1.5% of the population in Cordova, AL, and this percentage has increased by Inf% 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 | 86.2% | -6.6% |
% Black | 8.3% | 43.1% |
% Hispanic | 2.1% | 50.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 1.5% | ∞% |
Mortgage and Risk — Cordova, AL
According to HUD data as of 2023, there were 27 mortgage originations in Cordova, AL, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Cordova, AL. Investor activity is low, as 4.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 27 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Cordova, AL
Cordova, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 195 |
Total Units Section 8 | 135 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $610 |
| 2 Bedroom | N/A | N/A | $780 |
| 3 Bedroom | $140 | $950 | $1,090 |
| 4 Bedroom | N/A | N/A | $1,210 |
Affordability — Cordova, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $83,000 |
| Median Household Income | $43,000 |