Data as of February 2026. Source: Realtor.com.
The CORDOVA, TN real estate market (38016) currently shows 146 active listings, with 54 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 72 days on market compared to 68 days last year.
The median listing price has fallen 2.2% year-over-year, from $335,000 to $327,625.
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 | 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 February 2026, there are 146 active listings in CORDOVA, TN (zip code 38016), compared to 162 the prior year.
The median listing price in CORDOVA, TN 38016 is $327,625 as of February 2026, a 2.2% decrease from $335,000 the prior year.
Homes in CORDOVA, TN 38016 spend an average of 72 days on the market before going under contract, compared to 68 days the prior year.
Based on current inventory and days-on-market data as of February 2026, CORDOVA, TN 38016 is currently a Balanced Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 72 days on market compared to 68 days last year.
With SELL123.com's maximum 3% commission, sellers in CORDOVA, TN 38016 save an estimated $6,553 compared to a typical 5% commission on the median listing price of $327,625. 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.