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Cordova 87523

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.New Mexico
$50K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$238K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jan 2024 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
20212024
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
20212024
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
20212024
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
20212024
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
20212024

Housing Stock

HomesHow many homes we have records for in this area.245
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$238K
Median sizeThe middle home size here, measured in square feet.1,680 ft²
Median bedroomsThe middle bedroom count for homes here.2
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1983
Single familyThe share of homes here that are single-family houses.67%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.91%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.71%
Company ownedThe share of homes owned by a company or trust instead of a person.5.3%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.9.1 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.123
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.104

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.82%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.50
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.9 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$32K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$69K
Average tempThe average temperature here across a full year.41°F
Annual precipHow much rain and melted snow falls here in a typical year.23 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.76%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Cordova 87523 compares

By median home value, Cordova 87523 is the 17th most expensive of 27 ZIP codes in Rio Arriba County, and its typical home is worth more than 36% of all homes in Rio Arriba County.

Home values in Cordova 87523

Share of homes at each estimated value.

Median
$110K$534K
ZIP codes in Rio Arriba County ranked by median home value
#Rio Arriba CountyMedian valueHomes
1Youngsville 87064$426K168
2Alcalde 87511$361K1,312
3Embudo 87531$358K163
4Ojo Caliente 87549$350K339
5Espanola 87532$341K8,570
6Chimayo 87522$330K1,695
7Truchas 87578$327K468
8Abiquiu 87510$317K855
9Medanales 87548$307K685
10Ohkay Owingeh 87566$306K502
11Hernandez 87537$304K1,285
12Velarde 87582$296K806
13Dixon 87527$295K620
14Lindrith 87029$287K129
15El Rito 87530$252K445
16Cebolla 87518$244K123
17Cordova 87523$238K245
18La Madera 87539$231K117
19Los Ojos 87551$214K478
20Chama 87520$210K1,584
21Canjilon 87515$191K267
22Gallina 87017$190K219
23Coyote 87012$187K238
24Canones 87516$180K106

27 ZIP codes in Rio Arriba County are ranked; the most valuable are listed here.

About the Cordova 87523 market

What is the median home price in Cordova 87523, NM?

The median sale price in Cordova 87523, NM is $50,000 (data through January 2024), based on deeds recorded with the county.

How many homes sell in Cordova 87523, NM each year?

1 homes sold in Cordova 87523, NM over the last 12 months (data through January 2024). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Cordova 87523, NM?

Cordova 87523, NM contains 245 residential properties, with a median of 1,680 square feet, 2 bedrooms, built around 1983. The median TopHap Estimate is $238K.

How does Cordova 87523, NM compare to the rest of Rio Arriba County?

By median home value, Cordova 87523, NM is the 17th most expensive of 27 ZIP codes in Rio Arriba County. Its typical home is worth more than 36% of all homes in Rio Arriba County. Cebolla 87518 ranks just above it and La Madera 87539 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Cordova 87523, NM?

71% of homes in Cordova 87523, NM are owner-occupied. 5% are held by a company rather than an individual.

How much equity do owners in Cordova 87523, NM hold?

91% of mortgaged homes in Cordova 87523, NM are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Nearby markets

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Explore Cordova 87523 on the map

See every recorded sale, price heat map, school zone and flood overlay across Cordova 87523 in TopHap’s interactive 3D map.

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