Home prices
The cost of the median home in Gordo is $112,900. In comparison to nearby areas it is about $12,020 (9%) lower.It is about $104,600 (48%) lower in comparison to the entire nation, and it is about $21,800 (23%) higher in comparison to the city of Birmingham.
Rents
Gordo's median monthly rent is $406. Compared to the surrounding areas this is about $127 (23%) lower.It is about $656 (61%) lower in comparison to the country as a whole, and is roughly $431 (51%) lower compared to the city of Birmingham.
Nearby places
Reform
Reform is approximately 7 miles northwest from Gordo. Its housing prices are a lot less expensive. The value of the median home in Reform is $79,900, which works out to $33,000 (41%) lower than Gordo. Rents there are fairly similar. In Reform the median monthly rent is $406, which is very similar to Gordo.
Carrollton
Carrollton is approximately 10 miles southwest of Gordo. Its housing prices are somewhat less expensive. The median home in Carrollton costs $105,200, which comes out to $7,700 (7%) lower than Gordo. The rent there is similar. In Carrollton the median monthly rent is $420, which comes out to $14 (3%) higher than Gordo.
Coker
Coker is about 12 miles southeast from Gordo. Its real estate prices are substantially more expensive. The median home in Coker costs $173,000, which comes out to $60,100 (34%) higher than Gordo. Rents there are substantially more expensive. Coker's median monthly rent is $756, which is $350 (46%) higher than Gordo.
Northport
Northport is about 16 miles east from Gordo. Its real estate prices are significantly more expensive. The median home price in Northport is $177,200, which is $64,300 (36%) higher than Gordo. Rent there is substantially more expensive. In Northport the median monthly rent is $824, which works out to $418 (50%) higher than Gordo.
Kennedy
Kennedy is roughly 19 miles north of Gordo. The housing prices there are a little less expensive. The cost of the median home in Kennedy is $89,300, which comes out to $23,600 (26%) lower than Gordo. Rents there are substantially less expensive. Kennedy's median monthly rent is $260, which is $146 (56%) lower than Gordo.
