Cordova, TN Home Values & Market Trends

Real estate market trends reflect that there have been 897 transactions over the past year in Cordova. The median value for residential home transactions that occurred over the previous year is $279,642.07. The number of current listings in Cordova is 107, and the percentage of properties for sale in the city is 107.00%. Cordova, TN currently has 29 properties in foreclosure, 1 bank owned properties, 28 properties headed for auction, and 107 properties for sale.

Cordova, TN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
38016

$ 323,219

$ 129/sqft

38018

$ 360,884

$ 134/sqft

Housing Market Summary for Cordova, TN

Apr 2023March 2024Change
Median Listing Price$340.9K$265K-22.28%
Median Sold Price$317.6K$265K-16.57%
Homes For Sale7611348.68%
Homes Sold43651518.12%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Cordova, TN

Cordova home values range from $35,804 to $3,379,730. The median estimated value of a home in Cordova is $279,642.07. The median list price of a home is 350,000, and the total count of properties in the city is 19,952.

Foreclosure
There are 2 zips within Cordova, TN; within these zips, the median estimated home value for homes in foreclosure ranges from $448,386 in 38018 to the lowest value of $162,738 in 38018. Foreclosure homes account for 0.00% of properties in Cordova, TN with 38016 containing 19 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Cordova, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Cordova, TN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cordova, TN ranges from the highest value of $268,835 in 38016 to the lowest value of $268,835 in 38016. Bank owned homes and properties account for 0.01% of properties in Cordova, TN. There are 2 zips within Cordova, TN; 38016 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    38016 has 18 auction properties, the highest number of properties going to auction in a single zip in the state of Cordova, TN. Auction homes and other auction properties account for 0.14% of all properties in Cordova, TN. There are 2 zips within Cordova, TN; of those zips, the median estimated home value for homes going to auction ranges from $448,386 in 38016 to the lowest value of $162,738 in 38016.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.54% of residential properties in Cordova, TN with 38016 containing 55 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Cordova, TN; homes for sale in those zips, have a range of median values from $969,000 in 38018 to the lowest value of $92,675 in 38016.
    Sold Homes
    The median value for recently sold homes ranges from $1,499,000 in 38016 to the lowest price of $35,804 in 38016. There are 2 zips within Cordova, TN. 38016 has 270 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.48% of properties in Cordova, TN.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Cordova, TN
      $
      $

      Guide for Cordova, TN

      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      See More Articles
      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      Recently Listed Homes Cordova, TN

      No data to show