House Prices

House Prices & Home Values Cordova, TN 2026


Average Data

average house price$350,100
average size per house2977 ft²
average price per ft²118 $ / ft²

04/16/2026 - The value range (VR) for house prices in Cordova, TN is $108/ sqft to $160/ sqft. An average home with 2977 sqft costs approximately $321,516 to $476,320. Cordova, TN includes 2 ZIP codes and it is located in Shelby county. The lowest prices are found in ZIP 38016, while the highest are in ZIP 38018. The average price per sqare feet is $118. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Cordova

38016106 $ / ft²
38018166 $ / ft²




Historical development of home values in Cordova

Year Estimated value (USD) Change vs. 2025
2010 $162,593 -53.6%
2011 $156,305 -55.4%
2012 $155,884 -55.5%
2013 $161,711 -53.8%
2014 $169,752 -51.5%
2015 $178,464 -49.0%
2016 $187,778 -46.4%
2017 $197,913 -43.5%
2018 $208,855 -40.3%
2019 $218,539 -37.6%
2020 $229,836 -34.4%
2021 $261,414 -25.3%
2022 $304,750 -13.0%
2023 $321,373 -8.2%
2024 $339,965 -2.9%
2025 $350,100 0.0%

Graph: estimated home values in Cordova over time (USD)



Example: 100% financing house in Cordova

Loan amount: $350,100

Interest rate: 6.00%

Fixed monthly payment: $2,099.03

Breakdown in the 1st month:
Interest portion: $1,750.50  –  Principal portion: $348.53

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $20,889.05 $4,299.27 $345,800.73
2 $20,623.88 $4,564.44 $341,236.29
3 $20,342.35 $4,845.96 $336,390.33
4 $20,043.47 $5,144.85 $331,245.48
5 $19,726.14 $5,462.17 $325,783.30
6 $19,389.25 $5,799.07 $319,984.23
7 $19,031.57 $6,156.74 $313,827.49
8 $18,651.84 $6,536.48 $307,291.01
9 $18,248.68 $6,939.63 $300,351.38
10 $17,820.66 $7,367.66 $292,983.72
11 $17,366.24 $7,822.08 $285,161.65
12 $16,883.79 $8,304.52 $276,857.12
13 $16,371.59 $8,816.73 $268,040.39
14 $15,827.79 $9,360.53 $258,679.87
15 $15,250.45 $9,937.86 $248,742.00
16 $14,637.51 $10,550.81 $238,191.20
17 $13,986.76 $11,201.56 $226,989.64
18 $13,295.87 $11,892.45 $215,097.19
19 $12,562.37 $12,625.95 $202,471.24
20 $11,783.63 $13,404.69 $189,066.56
21 $10,956.86 $14,231.46 $174,835.10
22 $10,079.09 $15,109.22 $159,725.87
23 $9,147.19 $16,041.13 $143,684.74
24 $8,157.81 $17,030.51 $126,654.23
25 $7,107.40 $18,080.92 $108,573.32
26 $5,992.21 $19,196.11 $89,377.21
27 $4,808.24 $20,380.08 $68,997.13
28 $3,551.24 $21,637.08 $47,360.05
29 $2,216.71 $22,971.61 $24,388.45
30 $799.87 $24,388.45 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Cordova, TN


1500 sqft3900 sqft
Ø selling price$214,171$455,599
Ø fast selling$194,701$410,039
Ø high price sale$233,641$501,158

In 2026, houses in Cordova, TN will be offered at an average price of $118 per square foot. A 1,500 sqft home priced at $214,171 is 22.54% more expensive per square foot than a 3,900 sqft home priced at $455,599. Home prices in Cordova, TN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $315,414. Sellers who can wait longer may achieve a higher price of up to $385,507.


Cordova, TN: A Convenient Memphis-Area Suburb

Overview

Cordova, TN is a vibrant suburban community in eastern Shelby County and a popular residential choice within the greater Memphis area. Centered along Germantown Parkway and near Interstate 40, Cordova offers quick access to employment hubs, shopping, and entertainment.
The area blends established neighborhoods with newer developments, creating a suburban feel with city conveniences.

Things to Do and Amenities

Shoppers frequent Wolfchase Galleria and surrounding retail centers for major brands, dining, and services. Outdoor lovers enjoy nearby Shelby Farms Park and the Greenline trail, which connects Cordova to Midtown Memphis for biking and walking.
Families appreciate community parks, youth sports, and events that foster a friendly, small-town atmosphere. Local eateries, coffee shops, and international markets add flavor and variety to daily life.

Schools, Housing, and Access

Schools are served by Shelby County Schools and several private and charter options, appealing to households seeking strong educational choices. Cordova real estate features a mix of single-family homes, townhomes, and apartments, with competitive prices and a cost of living that compares favorably to many U.S. metros.
Whether you are relocating to the 38016 or 38018 ZIP codes, Cordova, Tennessee delivers convenient living, abundant amenities, and an excellent location near Memphis.



FAQ – Home Values in Cordova

What is the median home value in Cordova in 2026?

In 2026, the typical home value in Cordova is about $350,100 for an average home size of 2977 square feet. This corresponds to an average price of roughly $118 per square foot.

What is the average cost per square foot in Cordova?

In 2026, homes in Cordova sell for an average of around $118 per square foot, with a typical range between $108 and $160 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Cordova is about 2977 square feet, with an estimated 2026 value around $350,100.



Locations close to Cordova, TN

Covington, TN39 $ / ft²
Crockett Mills, TN171 $ / ft²
Drummonds, TN169 $ / ft²
Collierville, TN130 $ / ft²
Burlison, TN63 $ / ft²
Brownsville, TN58 $ / ft²
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