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Preforeclosure Homes in Cordova, TN

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Cordova, TN Foreclosures

How much do homes sell for in Cordova, TN?
The average home price is currently $341,947.
In Cordova, TN, how many homes are available?
There are currently 40 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 $69,813,360.
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 vibrant suburban community located just north of Memphis. Known for its beautiful parks, excellent schools, and a variety of shopping and dining options, Cordova provides a peaceful atmosphere with easy access to urban living. Its well-established neighborhoods and family-friendly environment make it an ideal place for residents of all ages.

Current Market Conditions in Cordova, TN

The real estate market in Cordova remains stable with a steady demand for family homes. The area attracts a mix of buyers, including first-time homebuyers looking for affordable options and families seeking more spacious accommodations. Home prices have shown a slight increase, reflecting the ongoing popularity of the neighborhood among those commuting to Memphis.

Cordova's market is characterized by a competitive environment, with homes often selling quickly and multiple offers on desirable properties. The trend of remote work has also led to increased interest in suburban living, driving further demand for homes in the area.

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 $289,166.00. 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 $341,947.00, with the most expensive house in Cordova, TN, topping out at $69,813,360.00 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 Preforeclosure Homes


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