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Foreclosure Homes in Cordova, TN

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Cordova, TN Foreclosures

Current Market Conditions in in Cordova, TN As of March 2026?
Over the past month, Cordova has seen an uptick in home sales, attributed to a seasonal increase in market activity. Prices have risen slightly due to high demand and limited inventory. Homebuyers are showing urgency in making offers, with multiple showings often leading to competitive bidding situations. As mortgage rates fluctuated, many potential buyers in Cordova rushed to secure homes before further price increases and rate changes occurred.
How much do homes sell for in Cordova, TN?
The average home price is currently $335,948.
In Cordova, TN, how many homes are available?
There are currently 579 active home listings available in Cordova.
What’s the average rental cost in Cordova, TN?
The average rental price in Cordova is $1,448.
What is the most expensive home in Cordova?
The most expensive home sold in Cordova had a price of $69,751,980.
What is currently the cheapest priced home in Cordova, TN?
The cheapest home for sale in Cordova is priced at $10,038.

Living in Cordova, TN

Cordova, TN, is a dynamic suburb of Memphis that combines urban conveniences with suburban charm. It features excellent schools, ample shopping options, and a variety of outdoor activities, making it an ideal place for families and young professionals. With its close proximity to Memphis, Cordova offers residents the best of both worlds.

Buyer vs Seller Market in Cordova, TN

The real estate market in Cordova is currently experiencing a steady increase in demand. With a low inventory of homes for sale, buyers are competing for available properties, leading to quicker sales and rising prices. The trend is expected to continue as more families are drawn to the area for its amenities and good schools.

Cordova's market shows signs of stability with consistent home appreciation over the past few years. The combination of desirable living conditions and accessibility to Memphis continues to foster a healthy market environment.

Home Value Estimator For Cordova, TN

There are currently 28,529 real estate properties in Cordova, TN, with a median automated valuation model (AVM) price of $283,139.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cordova, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cordova, TN, is $335,948.00, with the most expensive house in Cordova, TN, topping out at $69,751,980.00 and the cheapest home in Cordova, TN, clocking in at $10,038.00. In other words, there’s something for every potential homebuyer or savvy investor in Cordova, TN!

Rent Prices In Cordova, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cordova, TN, is on a rollercoaster ride. The average rent price in Cordova, TN, is $1,448.00. Indeed, when looking to rent in Cordova, TN, you can expect to pay as little as $680.00 or as much as $3,360.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Cordova, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cordova, TN Foreclosures


Market Trend for Cordova, TN

Total Listings Available: 579

Market Values:

Home Prices from $10,038 to $69,751,980

Average Sales Price: $335,948

Rental Values:

Rental from $680 to $3,360

Average Rent Value: $1,448 / month

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