Data as of September 2026. Source: Realtor.com.
The CORDOVA, TN real estate market (38016) currently shows 187 active listings, with 50 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 55 days on market compared to 50 days last year.
The median listing price has fallen 5% year-over-year, from $342,125 to $325,000.
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 September 2026, there are 187 active listings in CORDOVA, TN (zip code 38016), compared to 200 the prior year.
The median listing price in CORDOVA, TN 38016 is $325,000 as of September 2026, a 5% decrease from $342,125 the prior year.
Homes in CORDOVA, TN 38016 spend an average of 55 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of September 2026, CORDOVA, TN 38016 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 55 days on market compared to 50 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.