Collierville, TN


Highest Appreciating Collierville Neighborhoods Since 2000

Collierville, TN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Collierville Housing Market Information

With 48,863 people, 15,884 houses or apartments, and a median cost of homes of $332,608, Collierville house prices are not only among the most expensive in Tennessee, Collierville real estate also is some of the most expensive in all of America.

Collierville is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Collierville than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Collierville. Owner-occupied housing accounts for 84.54% of Collierville's homes, and 71.73% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Collierville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Collierville built between 2000 and later ( 32.14%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.09%). There's also some housing in Collierville built before 1939 ( 1.13%).

Collierville Home Appreciation Rates

Appreciation rates for homes in Collierville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.58%, which ranks in the top 40% nationwide. This equates to an annual average Collierville house appreciation rate of 0.54%.

Appreciation rates are so strong in Collierville that despite a nationwide downturn in the housing market, Collierville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Collierville appreciation rates continue to be some of the highest in America, at 5.57%, which is higher than appreciation rates in 70.07% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Collierville. Collierville appreciation rates in the latest quarter were at 0.35%, which equates to an annual appreciation rate of 1.41%.

Relative to Tennessee, our data show that Collierville's latest annual appreciation rate is higher than 70% of the other cities and towns in Tennessee.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Collierville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Collierville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Collierville real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Collierville, TN HOME PRICES

Value Range
> $1,156,000 0.7
$867,001 - $1,156,000 1.3
$578,001 - $867,000 5.0
$462,001 - $578,000 11.5
$347,001 - $462,000 22.9
$231,001 - $347,000 39.5
$116,001 - $231,000 14.5
$58,001 - $116,000 3.4
$0 - $58,000 1.2

Very High for TN
Very High for Nation

Value Relative to Nation Value Relative to State
13.5181061760225 3.31632653061224

Number Of Homes And Apartments:

Collierville Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
31.51% 1.60% 4 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,426 / per month

Homeownership Rate

Owners 84.54
Renters 15.46
Vacant 3.85

Housing Market Details


Age of Homes

AGE OF Collierville HOMES
2000 or Newer 32.1
1970 - 1999 62.6
1940 - 1969 4.1
1939 or Older 1.1

Types of Homes

TYPE OF Collierville HOMES
Single-Family 86.4
Townhomes 3.1
Small Apt. Buildings 2.9
Apt. Complexes 7.4
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Collierville HOMES
No Bedroom 0.21
1 Bedroom 2.87
2 Bedrooms 9.36
3 Bedrooms 32.86
4 Bedrooms 38.87
5 or more bedrooms 15.84