Updated May 2026 · Redfin · 3-month window
38016 Real Estate Market Update: Cordova, TN, May 2026
The latest housing-market numbers for ZIP code 38016 in Cordova, Tennessee, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $309K | ▲ +1.5% | ▲ +3.2% |
| Days on market | 26 | ▼ -32.5% | ▼ -5.5% |
| Homes for sale | 102 | ▼ -4.7% | ▼ -14.3% |
| Sale-to-list | 98.6% | ▲ +0.1% | ▼ -0.1% |
| Homes sold | 140 | ▲ +13.8% | ▼ -6.7% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 38016 numbers say
Prices in Cordova's 38016 ZIP are still climbing. The median sale price reached $309,450, up 3.2% year over year. Homes here move fast: a typical listing goes under contract in about 26 days, and sellers are getting 98.6% of list price.
Based on 140 recent sales, 38016 is currently an active market.
What this means if you sell in 38016
Use these figures to set expectations early. Lead a listing appointment with the median price and the 26-day pace, show the year-over-year direction, and frame 38016 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Cordova post →Frequently asked: the 38016 housing market
- What is the median home price in ZIP 38016 (Cordova, TN)?
- As of May 2026, the median sale price in ZIP 38016 is $309,450 (+3.2% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 38016 a buyer's or seller's market right now?
- ZIP 38016 is currently an active market, based on a 98.6% sale-to-list ratio, about 26 days on market for May 2026.
- How long do homes take to sell in ZIP 38016?
- A typical listing in 38016 goes under contract in about 26 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 38016 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.