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Cordova, TN 38018 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Cordova, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 6767PendingPending sales: 55
Cordova, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $325k$325kSoldMedian sold price (last 6 months): $290k$290k
What homes actually sell for in Cordova, TN
Distribution of 336 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $240k to $379k
$168k to $221k: 40 sales$168k$221k to $275k: 88 sales88sales$275k to $329k: 68 sales$275k$329k to $383k: 43 sales$383k to $437k: 32 sales$383k$437k to $491k: 21 sales$491k to $545k: 5 sales$491k$545k to $599k: 7 salesMedian $290k

What the numbers say

As of September 14, 2026, Resideline is tracking 67 active listings and 5 pending sales in ZIP code 38018. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $325,000, while the median of the 336 closed sales Resideline tracked over the last six months was $290,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 38018 for 101 days.

Frequently asked questions

What is the median home price in 38018?

The median closed sale price in Cordova, TN 38018 was $290,000 over the last six months, based on 336 closed sales tracked by Resideline. The middle half of those sales ranged from $240,000 to $379,000.

Is 38018 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 67 active listings in 38018, a pending-to-active ratio of 0.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 38018 currently looks like a balanced market.

Nearby ZIP code market data

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