Market Overview
Home Prices in Cordova, IL
The median home value in Cordova, IL is $231,994 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.1% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cordova are priced43% below average. Cordova is part of the Davenport-Moline-Rock Island, IA-IL metro area.
Over the past five years, Cordova home values have risen by approximately20.5%, reflecting strong long-term appreciation in this market.
Price History
Cordova Home Price Trend
City Comparison
Cordova vs. National Median
At $231,994, homes in Cordova cost 43% 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
$46,399
on $231,994
Monthly P&I
$1,210/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,537/mo
incl. taxes & insurance
Income Needed
$61,480
gross annual (30% rule)
10% Down Option
$23,199
+ PMI applies
Loan Amount (20% dn)
$185,595
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, IL?
The median home value in Cordova is $231,994 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.1% year-over-year.
How much have home prices changed in Cordova?
Over the past year, home values in Cordova have increased by 11.1%. Over five years, prices have risen approximately 20.5%.
How much do I need to earn to buy a home in Cordova?
To comfortably afford the median home price of $231,994 with a 20% down payment ($46,399) at today's rates (6.8%), you'd need a gross annual income of approximately $61,480. 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 $231,994, homes in Cordova are 43% below the national average.
What metro area is Cordova part of?
Cordova is part of the Davenport-Moline-Rock Island, IA-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.