Bryan Realty

Cordova, TN

Single-Family Homes

Market Report / michael@bryanrealty.com



Cordova, TN

Fri Mar 29 2024
This week the median list price for Cordova, TN is $360,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 134. Click here to stay informed with the Cordova market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Cordova, TN

Fri Mar 29 2024
This week the median list price for Cordova, TN is $360,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 134. Click here to stay informed with the Cordova market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Cordova market.
Median List Price $360,000
Median Price of New Listings $361,000
Per Square Foot $154
Average Days on Market 94
Median Days on Market 35
Price Decreased 40%
Price Increased 1%
Relisted 9%
Inventory 134
Median Rent
Market Action 45
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$539,999 3,800 0.5 - 1 acre 5 3.5 25 1 4 119
$389,000 2,600 0.25 - 0.5 acre 4 2.5 24 8 5 35
$348,700 2,300 0.25 - 0.5 acre 4 2.5 29 2 3 31
$277,450 1,600 6,500 - 8,000 sqft 3 2 29 7 9 21