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Cordova

CommunityThe 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.1,675 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.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.79

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.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.374
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.225 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$28K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$67K
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.19 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 communitys nationally.

How Cordova compares

By median home value, Cordova is the 14th most expensive of 21 communities in Rio Arriba County, and its typical home is worth more than 36% of all homes in Rio Arriba County.

Home values in Cordova

Share of homes at each estimated value.

Median
$110K$534K
communities in Rio Arriba County ranked by median home value
#Rio Arriba CountyMedian valueHomes
1Youngsville$426K168
2Alcalde$361K1,312
3Ojo Caliente$347K339
4Chimayo$331K1,691
5Truchas$325K468
6Abiquiu$316K855
7Medanales$307K685
8Hernandez$304K1,285
9Ohkay Owingeh$301K494
10Velarde$296K806
11Dixon$295K620
12Lindrith$287K129
13El Rito$252K445
14Cordova$238K245
15La Madera$231K117
16Los Ojos$212K478
17Canjilon$191K267
18Gallina$190K219
19Coyote$187K238
20Tierra Amarilla$167K782
21Dulce$166K229

About the Cordova market

What is the median home price in Cordova, NM?

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

How many homes sell in Cordova, NM each year?

1 homes sold in Cordova, 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, NM?

Cordova, NM contains 245 residential properties, with a median of 1,675 square feet, 2 bedrooms, built around 1983. The median TopHap Estimate is $238K.

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

By median home value, Cordova, NM is the 14th most expensive of 21 communities in Rio Arriba County. Its typical home is worth more than 36% of all homes in Rio Arriba County. El Rito ranks just above it and La Madera 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, NM?

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

How much equity do owners in Cordova, NM hold?

91% of mortgaged homes in Cordova, 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

Browse addresses

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Explore Cordova on the map

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

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