Data as of March 2026. Source: Realtor.com.
The CORDOVA, TN real estate market (38016) currently shows 162 active listings, with 68 pending sales. Homes are averaging 50 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 50 days on market compared to 56 days last year.
The median listing price has fallen 2.4% year-over-year, from $335,000 to $327,125.
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.
Population: 46,394 · Density: 988.9/mi² · Median household income: $72,749
Typical home value: $232,279 · Homeownership: 58.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38016 | Cordova, TN 38016 | 0.0 mi | 146 | $48,018,524 | $327,625 | $328,894 |
| 38133 | Memphis, TN 38133 | 3.0 mi | 66 | $21,566,358 | $318,700 | $326,763 |
| 38139 | Germantown, TN 38139 | 6.5 mi | 74 | $55,425,778 | $606,200 | $748,997 |
| 38135 | Memphis, TN 38135 | 6.5 mi | 82 | $28,023,090 | $326,850 | $341,745 |
| 38028 | Eads, TN 38028 | 7.1 mi | 53 | $64,101,698 | $749,475 | $1,209,466 |
| 38119 | Memphis, TN 38119 | 8.4 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38117 | Memphis, TN 38117 | 9.3 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38128 | Memphis, TN 38128 | 9.9 mi | 134 | $24,438,250 | $166,225 | $182,375 |
| 38125 | Memphis, TN 38125 | 10.8 mi | 64 | $29,145,728 | $330,225 | $455,402 |
| 38108 | Memphis, TN 38108 | 11.5 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38141 | Memphis, TN 38141 | 12.5 mi | 38 | $7,629,792 | $182,375 | $200,784 |
| 38118 | Memphis, TN 38118 | 13.8 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 38104 | Memphis, TN 38104 | 14.2 mi | 147 | $51,369,444 | $299,000 | $349,452 |
As of March 2026, there are 162 active listings in CORDOVA, TN (zip code 38016), compared to 159 the prior year.
The median listing price in CORDOVA, TN 38016 is $327,125 as of March 2026, a 2.4% decrease from $335,000 the prior year.
Homes in CORDOVA, TN 38016 spend an average of 50 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of March 2026, CORDOVA, TN 38016 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in CORDOVA, TN 38016 save an estimated $6,543 compared to a typical 5% commission on the median listing price of $327,125. 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.