Collierville, TN Home Values & Market Trends

Real estate market trends reflect that there have been 480 transactions over the past year in Collierville. The median value for residential home transactions that occurred over the previous year is $360,543.48. The number of current listings in Collierville is 50, and the percentage of properties for sale in the city is 50.00%. Collierville, TN currently has 10 properties in foreclosure, 2 bank owned properties, 8 properties headed for auction, and 50 properties for sale.

Collierville, TN Real Estate Market Overview

ZipMedian Est. Value
38017

$ 469,825

$ 168/sqft

Housing Market Summary for Collierville, TN

Mar 2023February 2024Change
Median Listing Price$525K$366.9K-30.11%
Median Sold Price$428.6K$366.9K-14.38%
Homes For Sale435016.28%
Homes Sold2963094.39%
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 Collierville, TN

Collierville home values range from $22,902 to $5,065,644. The median estimated value of a home in Collierville is $360,543.48. The median list price of a home is 482,450, and the total count of properties in the city is 11,026.

Foreclosure
There is 1 zips within Collierville, TN; within this zips, the median estimated home value for homes in foreclosure ranges from $645,115 in 38017 to the lowest value of $98,340 in 38017. Foreclosure homes account for 0.00% of properties in Collierville, TN with 38017 containing 10 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Collierville, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Collierville, TN; of that zips, 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 Collierville, TN ranges from the highest value of $509,870 in 38017 to the lowest value of $346,937 in 38017. Bank owned homes and properties account for 0.02% of properties in Collierville, TN. There is 1 zips within Collierville, TN; 38017 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    38017 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Collierville, TN. Auction homes and other auction properties account for 0.07% of all properties in Collierville, TN. There is 1 zips within Collierville, TN; of that zips, the median estimated home value for homes going to auction ranges from $645,115 in 38017 to the lowest value of $98,340 in 38017.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.45% of residential properties in Collierville, TN with 38017 containing 60 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Collierville, TN; homes for sale in that zips, have a range of median values from $4,446,508 in 38017 to the lowest value of $175,000 in 38017.
    Sold Homes
    The median value for recently sold homes ranges from $2,615,250 in 38017 to the lowest price of $53,594 in 38017. There is 1 zips within Collierville, TN. 38017 has 309 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.64% of properties in Collierville, TN.

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      Guide for Collierville, TN

      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
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      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

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Recently Listed Homes Collierville, TN

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