Is Cordova, TN a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Cordova is a seller's market


Difference Since May 2023

Since last year, Cordova has remained a Seller's Market.

Key Takeaway

Cordova is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cordova, TN

How much do homes in Cordova, TN cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Cordova have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Cordova was $300,000 in May 2024, down 2.9% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $1.4M-
2 $166K$199K
3 $265K$265K
4 $355.5K$342.9K
5+ $385K$390K

Summary: Cordova housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Cordova, TN

How many homes are available in Cordova, TN?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Cordova real estate market had 373 homes for sale in May 2024, a 11.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
2 2020
3 130144
4 133154
5+ 5355

Summary: The Cordova housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 3.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cordova, you may be able to get a good deal. 35.6% of homes here sold below asking price last month.

Summary: A total of 73 homes were sold or pending in Cordova in May 2024, down by 21.5% month-over-month. Of the 73 sold homes, 36% were sold under asking, 33% were sold at asking, and 32% were sold over asking.

Days on Market for Cordova, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Cordova, TN

Nearby Markets to Cordova, TN

What housing markets are near Cordova, TN?