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Germantown (Shelby Farms)

CORDOVA, TN 38018

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 38018

Germantown (Shelby Farms)

Market Analysis

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

The CORDOVA, TN real estate market (38018) currently shows 153 active listings, with 41 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are selling faster, averaging 56 days on market compared to 67 days last year.

The median listing price has fallen 6.8% year-over-year, from $385,000 to $359,000.

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.

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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
153
⇧ 17.7% vs 130 last year
Pending
41
27% pending ratio
Median Price
$359,000
⇩ 6.8% vs $385,000 last year
Average Price
$427,451
⇩ 7.1% vs $460,049 last year
Days on Market
56
⇩ 16.4% vs 67 days last year

Price Per Square Foot

Median $/sqft
$152
⇩ 8.4% vs $166/sqft last year
Median Home Size
2,379 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 153 this year vs 130 last year
  • Days on market: 56 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $359,000 (-6.8% YoY)
  • Average: $427,451 (-7.1% 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 13.4 miles — 1,519 listings ($615,893,178 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38018Cordova, TN 380180.0 mi141$55,623,513$354,500$394,493
38016Cordova, TN 380162.9 mi149$49,009,229$325,000$328,921
38138Germantown, TN 381384.1 mi116$81,826,980$509,500$705,405
38133Memphis, TN 381335.4 mi65$20,764,120$314,975$319,448
38119Memphis, TN 381196.0 mi102$36,555,780$314,900$358,390
38115Memphis, TN 381157.9 mi69$9,758,946$132,500$141,434
38017Collierville, TN 380178.0 mi319$222,567,576$599,900$697,704
38135Memphis, TN 381358.4 mi83$28,935,543$331,250$348,621
38141Memphis, TN 381419.8 mi52$9,722,388$184,500$186,969
38128Memphis, TN 3812810.9 mi142$26,221,578$169,498$184,659
38108Memphis, TN 3810811.5 mi66$6,157,338$85,000$93,293
38112Memphis, TN 3811211.9 mi72$19,470,528$232,500$270,424
38104Memphis, TN 3810413.4 mi143$49,279,659$299,000$344,613

Frequently Asked Questions

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

As of February 2026, there are 153 active listings in CORDOVA, TN (zip code 38018), compared to 130 the prior year.

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

The median listing price in CORDOVA, TN 38018 is $359,000 as of February 2026, a 6.8% decrease from $385,000 the prior year.

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

Homes in CORDOVA, TN 38018 spend an average of 56 days on the market before going under contract, compared to 67 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 February 2026, CORDOVA, TN 38018 is currently a Balanced Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 67 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 $7,180 compared to a typical 5% commission on the median listing price of $359,000. 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.