3 hours on Rocket
$3,563 Closing Credit¹
#10192012, Listing Office: Five Star Real Estate Services
Alliance of Cordova Neighborhoods Housing Market Report February 2025•Shelby County, Tennessee
Housing Prices in Alliance of Cordova Neighborhoods, TN
How much do homes in Alliance of Cordova Neighborhoods, TN cost?
Housing Market Conditions
Is Alliance of Cordova Neighborhoods, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Alliance of Cordova Neighborhoods is a Neutral Market
Difference Since January 2025
Last month, Alliance of Cordova Neighborhoods has remained a Neutral Market.
Insight
Alliance of Cordova Neighborhoods is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$307,000–
-$5,500
-1.8%
Based on all homes sold in February 2025
Insight
Homes in Alliance of Cordova Neighborhoods have sold for 1.8% less than they did a month ago.
Summary: The median home sold price in Alliance of Cordova Neighborhoods was $307,000 in February 2025, down 1.8% from last month, and the median price per square foot was $0.
Median Sold Price By Neighborhoods
| City | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| Walnut Grove | $307.4K | $380K | +23.6% |
| Cumberland Farms | $285K | $282K | -1.1% |
| Alliance of Cordova Neighborhoods | $312.5K | $307K | -1.8% |
| Fisherville | $375K | $305K | -18.7% |
Median Sold Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $245K | $261K | +6.5% |
| 44 Bedrooms | $315K | $325K | +3.2% |
| 55+ Bedrooms | $440K | $340K | -22.7% |
Summary: Alliance of Cordova Neighborhoods housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +6.5%. The home price for 4 bedroom homes increased by +3.2%. The home price for 5 bedroom homes decreased by -22.7%.
How does Alliance of Cordova Neighborhoods, TN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Alliance of Cordova Neighborhoods, TN
Housing supply in Alliance of Cordova Neighborhoods, TN
How many homes are available in Alliance of Cordova Neighborhoods, TN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 66Last MonthFeb 2025 | ||
| 612 months agoJan 2025 | +8.2 % Change MoMJan – Feb |
Summary: The Alliance of Cordova Neighborhoods real estate market had 66 homes for sale in Feb 2025, a 8.2 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthFeb 2025 | ||
| 102 months agoJan 2025 | +10.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 44 Bedrooms | 35 | 37 | +5.7% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 15 | 18 | +20.0% |
| 55+ Bedrooms | 9 | 9 | 0.0% |
Summary: Alliance of Cordova Neighborhoods housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +5.7%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Alliance of Cordova Neighborhoods, TN cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price8 Homes
Insight
If you're buying a home in Alliance of Cordova Neighborhoods, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Alliance of Cordova Neighborhoods in February 2025, up by 10.0% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and and 9% were sold over asking.
Days on Market for Alliance of Cordova Neighborhoods, TN
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Alliance of Cordova Neighborhoods, TN
What homes are available in Alliance of Cordova Neighborhoods, TN?
1 day on Rocket
$3,551 Closing Credit¹
#10191885, Listing Office: Ware Jones, REALTORS
1 day on Rocket
$6,828 Closing Credit¹
#10191853, Listing Office: Tate Realty and Construction
2 days on Rocket
$6,353 Closing Credit¹
#10191780, Listing Office: Real Estate Agency
Coming soon
$4,869 Closing Credit¹
#10191715, Listing Office: eXp Realty, LLC
3 days on Rocket
$4,928 Closing Credit¹
#10191686, Listing Office: 4 Success Realty, LLC
3 days on Rocket
$8,301 Closing Credit¹
#10191662, Listing Office: McWaters & Associates
4 days on Rocket
$3,324 Closing Credit¹
#10191656, Listing Office: Keller Williams
Coming soon
$5,344 Closing Credit¹
#10191651, Listing Office: Fast Track Realty, LLC
5 days on Rocket
$4,262 Closing Credit¹
#10191582, Listing Office: KAIZEN Realty, LLC
$3,265 Closing Credit¹
#10190941, Listing Office: Keller Williams
$3,325 Closing Credit¹
#10190856, Listing Office: Keller Williams
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MLS Disclaimers and Copyright
Based on information from Memphis MLS, for the period 01/01/2025 - 03/01/2025
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.