Cordova Real Estate

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Cordova, Tennessee
Average Home Sizes and Asking Prices

Updated On: April 23, 2014
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
38016 0 $213,000 0 $127,000 461 0 $161,000 0 $138,000 16
38018 0 $202,000 0 $132,000 414


38016 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  191   $149k
 1 Year Ago  153   $155k
 6 Months Ago   114   $174k
 1 Month Ago  246   $149k
 Today  249   $149k
*Averaged for 3 bedroom active listings



38018 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  362   $138k
 1 Year Ago  270   $147k
 6 Months Ago   238   $158k
 1 Month Ago  446   $143k
 Today  451   $143k
*Averaged for 3 bedroom active listings



Change and Trend of Asking Price in 38016 Check Also 


Sold Price History in 38016
38016 sold real estate price trend
Demographics & Schools Mortgage Calculator Area Map

Cordova Real Estate & Homes for Sale in Tennessee

Located in Shelby County about a half hour drive from the heart of Memphis is the charming community of Cordova, Tennessee. Cordova is an unincorporated community that is home to approximately 78,000 residents. The community is generally bounded by Wolf River along the south, Interstate 40 to the north, Whitten Road on the west, and Pisgah Road to the east. Future homeowners will note that there are subdivisions and neighborhoods scattered throughout Cordova, while real estate options consist primarily of beautiful single-family homes, as well as townhomes and condominiums.

A family-friendly community, Cordova residents enjoy having options, especially when it comes to their children's education. Two school districts serve the educational needs of students—Memphis City Schools and Shelby County Schools—in addition to several local private schools. Students who wish to continue with their education have a number of campuses to choose from in Memphis or within the metropolitan region. Residents have the option of working and starting a business in this thriving community or make the quick drive to Memphis where industries like shipping, transportation and pharmaceuticals serve as some of the major strongholds of the area.

Once a small farming community, Cordova has become a thriving community that offers residents an excellent quality of life, affordable real estate, as well as the luxury of being a short drive from a burgeoning city and all of its endless amenities. Come see what so many have already discovered about Cordova today!

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Cordova Real Estate Market Info - Prices of Houses for Sale in Cordova

Cordova's real estate market is affordable and features a fine selection of brick-faced single-family homes on generous acreages of land, charming townhomes, and new condominium communities. Many properties in Cordova were recently built so buyers would be moving in to brand new homes. Real estate buyers and investors can expect average sales prices for homes in Cordova to run in the $130,000 range. Prices for 3- and 4-bedroom homes in Cordova start in the $100,000s while properties in the $500,000s usually include homes with 4+ bedrooms and may be custom built. Million dollar properties and luxury homes are also available in Cordova and can usually be found in private communities and exclusive subdivisions. Cordova's condo and townhome market is just as affordable for those who are looking for an excellent investment; prices range between the low $100,000s and $150,000.

Cordova Real Estate Stats and Trends for the week of April 21st, 2014: homes priced around $126,940 compared to $148,621 the previous week, showing a decrease of less than -17%.  For Tuesday, April 22nd, the current national mortgage rate for a 30 year fixed mortgage is 4.27%; the 15 year fixed rate is at 3.29%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.66%, while the 15 year jumbo rate currently is at 4.11%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Cordova TN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Cordova to help you find the best home!

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