Collierville, TN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Collierville, TN is $482,500, down 7.7% year-over-year. Homes sell in an average of 116 days with 194 active listings. The market is currently a buyer's market.
$482,500median sale price
Is Collierville a buyer's or seller's market?
Collierville, TN is currently a buyer's market, based on 5.1 months of supply and homes selling in about 116 days. How we determine this →
Homes sold
38
Last 12 weeks
Days on market
116
Average pace
Active listings
194
5.1 months supply
Sale-to-list
97.9%
Below asking
Collierville, TN market data
| Metric | Value |
|---|---|
| Median sale price | $482,500 |
| Median list price | $579,900 |
| Year-over-year price change | -7.7% |
| Average days on market | 116 days |
| Active inventory | 194 listings |
| Months of supply | 5.1 months |
| Sale-to-list price ratio | 97.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Collierville housing market is currently classified as a buyer's market with a median sale price of $482,500. Prices have fallen 7.7% compared to last year, with homes spending an average of 116 days on market, indicating 5.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Collierville
There are currently 194 homes listed for sale in Collierville, Tennessee. The median listing price is $580K.
Active listings
194
Homes on market
Median list price
$580K
Avg. days on market
116
Days until sale
New this week
63
Newly listed
Top public schools in Collierville
10 schools tracked · 9,367 students
The largest public schools serving Collierville, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Collierville High School
Grades 9-12 · 2,998 students
West Collierville Middle School
Grades 6-8 · 1,360 students
Bailey Station Elementary School
Grades PK-5 · 842 students
Collierville Middle School
Grades 6-8 · 785 students
Collierville Elementary School
Grades PK-5 · 779 students
Crosswind Elementary School
Grades K-5 · 670 students
Tara Oaks Elementary School
Grades PK-5 · 649 students
Sycamore Elementary School
Grades PK-5 · 599 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Collierville?
The median home sale price in Collierville is $482,500, down 7.7% from last year.
How long do homes stay on market in Collierville?
Homes typically spend 116 days on market before going under contract.
Is Collierville a buyer's or seller's market?
With 5.1 months of supply, Collierville is currently a buyer's market.
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