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Germantown (Shelby Farms)

CORDOVA, TN 38018

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 38018

Germantown (Shelby Farms)

Market Analysis

Data as of September 2026. Source: Realtor.com.

The CORDOVA, TN real estate market (38018) currently shows 187 active listings, with 56 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 84 days on market compared to 49 days last year.

The median listing price has risen 1.2% year-over-year, from $351,778 to $356,125.

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Market Context

Market Context

Population: 38,338  ·  Density: 793.3/mi²  ·  Median household income: $82,355

Typical home value: $229,706  ·  Homeownership: 63.0%

Market Overview

Active Listings
187
⇧ 1.1% vs 185 last year
Pending
56
30% pending ratio
Median Price
$356,125
⇧ 1.2% vs $351,778 last year
Average Price
$430,108
⇧ 10.8% vs $388,351 last year
Days on Market
84
⇧ 71.4% vs 49 days last year

Price Per Square Foot

Median $/sqft
$155
⇩ 1.3% vs $157/sqft last year
Median Home Size
2,468 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 187 this year vs 185 last year
  • Days on market: 84 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $356,125 (+1.2% YoY)
  • Average: $430,108 (+10.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.6 miles — 1,528 listings ($620,322,030 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38018Cordova, TN 380180.0 mi153$65,400,003$359,000$427,451
38139Germantown, TN 381393.6 mi74$55,425,778$606,200$748,997
38120Memphis, TN 381205.0 mi94$64,776,246$478,688$689,109
38134Memphis, TN 381345.9 mi95$23,323,355$246,875$245,509
38125Memphis, TN 381257.9 mi64$29,145,728$330,225$455,402
38117Memphis, TN 381178.0 mi197$74,728,404$280,875$379,332
38028Eads, TN 380288.1 mi53$64,101,698$749,475$1,209,466
38122Memphis, TN 381228.9 mi134$23,937,626$163,253$178,639
38111Memphis, TN 3811110.2 mi215$52,876,670$185,675$245,938
38002Arlington, TN 3800210.9 mi203$109,530,477$545,720$539,559
38118Memphis, TN 3811811.6 mi105$15,429,540$139,500$146,948
38114Memphis, TN 3811412.7 mi110$16,903,700$114,950$153,670
38066Rossville, TN 3806613.6 mi31$24,742,805$601,250$798,155

Frequently Asked Questions

How many homes are for sale in CORDOVA, TN 38018?

As of September 2026, there are 187 active listings in CORDOVA, TN (zip code 38018), compared to 185 the prior year.

What is the median home price in CORDOVA, TN 38018?

The median listing price in CORDOVA, TN 38018 is $356,125 as of September 2026, a 1.2% increase from $351,778 the prior year.

How long do homes stay on the market in CORDOVA, TN?

Homes in CORDOVA, TN 38018 spend an average of 84 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in CORDOVA, TN 38018?

Based on current inventory and days-on-market data as of September 2026, CORDOVA, TN 38018 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 49 days last year.

How much can I save on real estate commission in CORDOVA, TN?

With SELL123.com's maximum 3% commission, sellers in CORDOVA, TN 38018 save an estimated $7,123 compared to a typical 5% commission on the median listing price of $356,125. 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.