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Sarah Mitchell

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Compass Real Estate · Cordele, GA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Cordele, GA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Cordele, GA Housing Market

Buyer's market+1.2% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Cordele, GA is worth $139,315, rose 1.2% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $185,000, -13.6% year over year (through May 2026). With 7.8 months of supply and homes going under contract in about 48 days, Cordele is a buyer's market. At today's 6.66% 30-year fixed rate, 20% down on a $139,315 home is about $716/mo in principal and interest.

Key numbers for Cordele, GA

Typical home value

$139,315

+1.2% in 12 months

Zillow, July 2026

Typical asking rent

$925/mo

Zillow Observed Rent Index

Zillow, July 2026

Median sale price

$185,000

-13.6% year over year

Redfin, through May 2026

Days on market

48

Average pace

Redfin, through May 2026

Active listings

39

7.8 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$31,564

Home costs 4.4x income

U.S. Census ACS, 2023

Sale-to-list ratio

88.2%

Selling below asking

Redfin, through May 2026

Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Cordele a buyer's or seller's market?

Buyer's market7.8 months of supply48 days on market88.2% of asking

Cordele, GA is a buyer's market, based on 7.8 months of supply and homes selling in about 48 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Cordele housing market data show?

Every row below is Redfin's final published month for Cordele, GA. Redfin, through May 2026

Housing market statistics for Cordele, GA, Redfin through May 2026
MetricValue
Median sale price$185,000
Median list price$155,000
Year-over-year price change-13.6%
Median price per sq ft$97/sq ft
Median days on market48 days
Active inventory39 listings
Months of supply7.8 months
Sale-to-list price ratio88.2%
Homes sold (that month)5
New listings (that month)4
Listings with a price cut20.5%
Market conditionBuyer's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Cordele is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Cordele is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Cordele home prices moved?

Over the last three years the median sale price in Cordele, GA rose 35.0%, from $137,000 to $185,000. The live Zillow value series has rose 1.2% in the last 12 months, which is the more current read now that Redfin's series has stopped. 20.5% of Cordele listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 7.8 months while the sale-to-list ratio slips below its current 88.2%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Cordele?

Priced off the typical home value of $139,315 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Cordele, GA
Down paymentCash at closeLoan amountMonthly P&I
20%$27,863$111,452$716/mo
5%$6,966$132,349$851/mo

Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $716, that implies roughly $30,695 a year before you add taxes and insurance. The median household in Cordele earns $31,564, about $869 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.4x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Cordele in the next 12 months?

Tell us your timeline. We send the Cordele market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Cordele?

Typical asking rent in Cordele, GA is $925/mo, against a typical home value of $139,315. That is a price-to-rent ratio of 12.6x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $716 a month — $209 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.

Zillow, July 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Cordele?

Active listings in Cordele, GA went from 30 in May 2025 to 39 in May 2026, a +30.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Cordele, GA
MonthActive listingsNew listings
June 2025266
July 2025296
August 2025308
September 20253011
October 20253010
November 2025317
December 2025327
January 2026325
February 2026264
March 2026299
April 20264117
May 2026394

Redfin, through May 2026

How does Cordele compare to Georgia and the U.S.?

Cordele homes sell for $185,00052% below the Georgia median of $389,000. Against the national median of $410,700, Cordele runs 55% lower. Year-over-year, Cordele moved -13.6% against Georgia's +1.6%a bigger swing than the state as a whole.

Cordele, GA compared with Georgia and the United States
MarketMedian sale priceYoYDays on market
Cordele, GA$185,000-13.6%48 days
Georgia statewide$389,000+1.6%49 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Cordele

What buyers should watch

  • Months of supply, currently 7.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 20.5%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $134 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $139,315 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Cordele listing goes under contract in 48 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 88.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Cordele added 4 new listings against 5 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved +1.2% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Cordele varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Cordele

There are currently 39 homes listed for sale in Cordele, Georgia. The median listing price is $155K.

Active listings

39

Homes on market

Median list price

$155K

Avg. days on market

48

Days until sale

New this week

4

Newly listed

Price drops:20.5%of listings
Sale-to-list:88.2%

How much do homes cost in Cordele by property type?

How the Cordele, GA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Cordele, GA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$185,000$97/sq ft548 days

Who lives in Cordele?

American Community Survey estimates for Cordele. U.S. Census ACS, 2023

Population

10,107

Households

4,182

Median income

$31,564/yr

Median age

35.5 years

Owner-occupied

34.9%

Median home value

$110,700

Median gross rent

$761/mo

Mean commute

17.7 min

34.9% of occupied homes in Cordele are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $110,700 against Zillow's $139,315 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $761/mo, below Zillow's $925/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Cordele?

6 schools tracked · 3,457 students

The largest public schools serving Cordele, GA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Crisp County High School

Grades 9-12 · 1,050 students

Public

Crisp County Primary School

Grades K-3 · 968 students

Public

Crisp County Middle School

Grades 6-8 · 751 students

Public

Crisp County Elementary School

Grades 4-5 · 451 students

Public

Crisp County Pre-K

Grades PK · 222 students

Public

Crisp RYDC

Grades 5-12 · 15 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Cordele, GA?

Ordered by distance from Cordele, not by size. Compare Cordele side by side with any of them.

Cordele housing market FAQ

Is Cordele a buyer's or seller's market?

Cordele, GA is currently a buyer's market. That read comes from 7.8 months of supply, homes going under contract in about 48 days, and sellers getting 88.2% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Cordele?

The typical home in Cordele, GA is worth $139,315 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $185,000, about $97 per square foot.

Is Cordele cheaper than the rest of Georgia?

Cordele's median sale price of $185,000 is 52% lower than the Georgia statewide median of $389,000, and 55% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Cordele?

Homes in Cordele, GA spent a median of 48 days on market before going under contract, versus 49 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Cordele?

At the current 30-year fixed rate of 6.66%, 20% down on a $139,315 home is about $716 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $30,695 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $31,564.

Are home prices rising in Cordele?

The typical home value in Cordele, GA rose 1.2% over the last 12 months, from $137,670 to $139,315 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Cordele?

Cordele ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Cordele?

That depends on your timeline, not on a headline. What the data says today: Cordele, GA is a buyer's market with 7.8 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 12.6x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.