Data as of April 2026. Source: Realtor.com.
The CORDOVA, TN real estate market (38016) currently shows 160 active listings, with 70 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
The median listing price has fallen 6.5% year-over-year, from $335,000 to $313,250.
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 April 2026, there are 160 active listings in CORDOVA, TN (zip code 38016), compared to 164 the prior year.
The median listing price in CORDOVA, TN 38016 is $313,250 as of April 2026, a 6.5% decrease from $335,000 the prior year.
Homes in CORDOVA, TN 38016 spend an average of 46 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of April 2026, CORDOVA, TN 38016 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
With SELL123.com's maximum 3% commission, sellers in CORDOVA, TN 38016 save an estimated $6,265 compared to a typical 5% commission on the median listing price of $313,250. 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.