38016 Home Values & Market Trends

There are 60 homes currently listed for 38016. 38016 real estate market trends show that home prices range from $189,000 to $1,500,000, and the median sales price in the 38016 zip code is $257,532.88. The total number of properties sold within the past twelve months is 476. In 38016, 14 properties are in foreclosure, 1 are bank owned properties,and 13 are headed for auction.

38016 Real Estate Market Overview

CityMedian Est. Value
Cordova

$ 322,331

$ 128/sqft

Housing Market Summary for 38016

Mar 2023February 2024Change
Median Listing Price$333.5K$274.5K-17.68%
Median Sold Price$317.6K$274.5K-13.55%
Homes For Sale425735.71%
Homes Sold24830221.77%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 38016

The median list price of a home in Cordova, is $257,532.88. A total of 60 properties are for sale, and the percentage of properties for sale in the zip code is 60.00%. The total count of 38016 properties is 10,809.

Foreclosure
There is 1 cities within 38016; within this cities, the median estimated home value for homes in foreclosure ranges from $542,510 in cordova to the lowest value of $131,980 in cordova. Foreclosure homes account for 0.00% of properties in 38016 with cordova containing 29 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 38016 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 38016; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 38016 ranges from the highest value of $258,266 in cordova to the lowest value of $258,266 in cordova. Bank owned homes and properties account for 0.01% of properties in 38016. There is 1 cities within 38016; cordova containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    cordova has 28 auction properties, the highest number of properties going to auction in a single city in the state of 38016. Auction homes and other auction properties account for 0.12% of all properties in 38016. There is 1 cities within 38016; of that cities, the median estimated home value for homes going to auction ranges from $542,510 in cordova to the lowest value of $131,980 in cordova.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.56% of residential properties in 38016 with cordova containing 114 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 38016; homes for sale in that cities, have a range of median values from $1,684,834 in cordova to the lowest value of $106,783 in cordova.
    Sold Homes
    The median value for recently sold homes ranges from $764,161 in cordova to the lowest price of $31,040 in cordova. There is 1 cities within 38016. cordova has 516 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.78% of properties in 38016.

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      Guide for 38016

      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      Wholesale
      4 Tips on How To Buy a House Wholesale
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      See More Articles
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.

      Recently Listed Homes 38016

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