Population: 46,394 · Density: 988.9/mi² · Median household income: $72,749
Typical home value: $232,279 · Homeownership: 58.4%
Data as of January 2026. Source: Realtor.com.
The CORDOVA, TN real estate market (38016) currently shows 149 active listings, with 45 pending sales. Homes are averaging 73 days on the market before going under contract.
Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 73 days on market compared to 76 days last year.
The median listing price has fallen 3% year-over-year, from $334,975 to $325,000.
Whether you are buying or selling in CORDOVA, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38016 | Cordova, TN 38016 | 0.0 mi | 149 | $49,009,229 | $325,000 | $328,921 |
| 38018 | Cordova, TN 38018 | 2.9 mi | 141 | $55,623,513 | $354,500 | $394,493 |
| 38134 | Memphis, TN 38134 | 5.6 mi | 89 | $21,499,374 | $240,000 | $241,566 |
| 38120 | Memphis, TN 38120 | 6.5 mi | 96 | $68,256,192 | $487,000 | $711,002 |
| 38138 | Germantown, TN 38138 | 6.9 mi | 116 | $81,826,980 | $509,500 | $705,405 |
| 38002 | Arlington, TN 38002 | 8.1 mi | 204 | $109,916,424 | $540,000 | $538,806 |
| 38122 | Memphis, TN 38122 | 9.3 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 38017 | Collierville, TN 38017 | 9.8 mi | 319 | $222,567,576 | $599,900 | $697,704 |
| 38115 | Memphis, TN 38115 | 10.4 mi | 69 | $9,758,946 | $132,500 | $141,434 |
| 38111 | Memphis, TN 38111 | 11.4 mi | 198 | $49,977,576 | $199,900 | $252,412 |
| 38112 | Memphis, TN 38112 | 12.4 mi | 72 | $19,470,528 | $232,500 | $270,424 |
| 38036 | Gallaway, TN 38036 | 12.9 mi | 1 | $220,000 | $220,000 | $220,000 |
| 38114 | Memphis, TN 38114 | 14.0 mi | 105 | $15,963,990 | $120,525 | $152,038 |
As of January 2026, there are 149 active listings in CORDOVA, TN (zip code 38016), compared to 161 the prior year.
The median listing price in CORDOVA, TN 38016 is $325,000 as of January 2026, a 3% decrease from $334,975 the prior year.
Homes in CORDOVA, TN 38016 spend an average of 73 days on the market before going under contract, compared to 76 days the prior year.
Based on current inventory and days-on-market data as of January 2026, CORDOVA, TN 38016 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 73 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in CORDOVA, TN 38016 save an estimated $6,500 compared to a typical 5% commission on the median listing price of $325,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.