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ZIP 38016 in Cordova, TN: housing market trends

The median home sale price in ZIP 38016 in Cordova, TN was $298,912 for the three-month period ending September 2026. Sale prices were 3.1% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$298,912
three-month period ending September 2026
Median sale price per sq ft
$131.56
three-month period ending September 2026
Active listings
273
three-month period ending September 2026
Typical monthly rent
$1,506
Rent index · August 2026

How is housing inventory changing?

There were 273 active listings for the three-month period ending September 2026. Active listings were 8.4% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 29 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 38016 in Cordova, TN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$298,912$131.56109
Single-familySeptember 2026$301,924$131.01103
TownhousesSeptember 2026$174,500$123.182 · small sample
Condos / co-opsSeptember 2026$257,492$152.834 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 38016 in Cordova, TN
MarketMedian sale priceReporting period / source
Cordova, TN$289,000Month ending July 2026 · Zillow
Bartlett, TN$312,500Month ending July 2026 · Zillow
Lakeland, TN$549,6383 months ending September 2026 · Redfin
Germantown, TN$475,000Month ending July 2026 · Zillow
Eads, TNUnavailableMonth ending unavailable date · Zillow
Arlington, TN$470,7763 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 38016 in Cordova, TN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$298,912$131.56273
August 2026$299,500$132.12288
July 2026$300,000$135.23288
June 2026$304,500$136.36282
May 2026$309,900$138.22271
April 2026$309,900$140.03264
March 2026$300,000$137.87254
February 2026$290,000$133.86236
January 2026$290,000$136.03249
December 2025$289,900$136.11275
November 2025$294,000$142.50293
October 2025$288,000$143.75310
September 2025$290,000$143.18298
August 2025$285,000$144.44294
July 2025$287,500$140.63280
June 2025$297,450$139.58274
May 2025$299,900$138.50265
April 2025$304,000$138.57255
March 2025$293,000$140.00258
February 2025$286,250$141.00248
January 2025$283,500$144.50274
December 2024$276,000$143.18284
November 2024$282,350$142.51292
October 2024$290,000$139.84300

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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