Market Overview
Home Prices in Cordova, AK
The median home value in Cordova, AK is $396,592 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.7% compared to a year ago and up 16% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cordova are priced3% below average.
Price History
Cordova Home Price Trend
2022
$394,906
$395K
—
2023
$350,629
$351K
-11.2%
2024
$355,099
$355K
+1.3%
2025
$411,775
$412K
+16.0%
2026
$396,592
$397K
-3.7%
City Comparison
Cordova vs. National Median
🏠 Cordova
$396,592
National Median
$410,000
At $396,592, homes in Cordova cost 3% below the national median of $410,000. This makes Cordova a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cordova?
20% Down Payment
$79,318
on $396,592
Monthly P&I
$2,068/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,626/mo
incl. taxes & insurance
Income Needed
$105,040
gross annual (30% rule)
10% Down Option
$39,659
+ PMI applies
Loan Amount (20% dn)
$317,274
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cordova, AK?
The median home value in Cordova is $396,592 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.7% year-over-year.
How much have home prices changed in Cordova?
Over the past year, home values in Cordova have decreased by 3.7%.
How much do I need to earn to buy a home in Cordova?
To comfortably afford the median home price of $396,592 with a 20% down payment ($79,318) at today's rates (6.8%), you'd need a gross annual income of approximately $105,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Cordova compare to the national average home price?
The national median home value is approximately $410,000. At $396,592, homes in Cordova are 3% below the national average.