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Market Intelligence · TN / Shelby County

Collierville, TN home prices and housing market

1 ZIP market liveData updated September 2026Typical value$505K1-yr changeDown1.4%

The typical home value in Collierville, TN is $505K as of September 2026, down 1.4% from a year ago, based on the Zillow Home Value Index. In the typical Collierville ZIP code, the median list price is $605K and homes spend a median of 77 days on market as of September 2026 (Realtor.com).

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The coverage

Collierville, by the numbers.

Typical home valueZillow ZHVI, September 2026
$505K
1-yr changeMedian across Collierville ZIPs
-1.4%
ZIP markets live2 tracked in Collierville
1
County
Shelby County

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12-month value trend

-1.4% over 12 months

Typical home value in Collierville over the last 12 months: $512K in Sep 2025 to $505K in Sep 2026 (-1.4%).

Sep 2025$512K

Sep 2026$505K

Median Zillow home value index across Collierville's ZIP codes.

Context

Collierville's housing market has cooled modestly over the past year. The typical home value in Collierville is $504,970 as of September 2026, down 1.4% from a year earlier. Sellers are still aiming high, with a median list price of $604,950, but buyers are not moving fast. Homes are taking a median of 77 days to sell, and 30.3% of listings have had a price cut. There are 317 homes for sale and 64 new listings, so buyers have real options to compare. For a homeowner thinking about selling, the data points to a market where patience and realistic pricing matter more than they did a year or two ago.

The numbers

What is the housing market like in Collierville, TN?

Typical home value

$505K

Down1.4%YoY

Median list price

$605K

Days on market

77

Homes for sale

317

Price cuts

30.3%

New listings

64

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Collierville's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Collierville, TN home prices over time

Typical home values in Collierville, TN are down 1.4% over the past year, from $512K in September 2025 to $505K in September 2026.

Typical home value in Collierville, TN, September of each year
MonthTypical value1-yr change
September 2026$504,970-1.4%
September 2025$512,136No prior year

Typical value is the median Zillow Home Value Index across Collierville ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Collierville, TN a buyer's or seller's market?

Collierville, TN leans toward a buyer's market.

Homes are taking longer to sell, a large share of listings have cut their asking price, and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 77 days on market and 30% of listings with a price cut in the typical Collierville ZIP code, and 64 new listings against 317 active listings across Collierville, as of September 2026 (Realtor.com).

The outlook

Collierville housing market forecast 2027

-0.3%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Collierville ZIP code, points to typical home values holding roughly flat by September 2027 (down 0.3%).

Over the 12 months through September 2026, typical home values in Collierville fell 1.4%, per the Zillow Home Value Index.

Will home prices drop in Collierville?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Collierville shows typical home values holding roughly flat by September 2027 (down 0.3%), after a 1.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Collierville ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Collierville?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 2 Collierville ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Collierville, TN home prices.

How much is a home in Collierville worth?

The typical home value in Collierville is $504,970 as of September 2026. That figure is down 1.4% over the past year.

Are homes selling quickly in Collierville?

Not especially. Homes in Collierville are spending a median of 77 days on the market as of September 2026, and 30.3% of listings have had a price cut.

How much competition do sellers face in Collierville?

There are 317 homes for sale in Collierville as of September 2026, with 64 new listings coming on the market. The median list price is $604,950.

Are home prices going up or down in Collierville, TN?

Typical home values in Collierville, TN are down 1.4% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Collierville, TN a buyer's or seller's market?

Collierville, TN leans toward a buyer's market. Homes are taking longer to sell, a large share of listings have cut their asking price, and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 77 days on market and 30% of listings with a price cut in the typical Collierville ZIP code, and 64 new listings against 317 active listings across Collierville, as of September 2026 (Realtor.com).

How long do homes take to sell in Collierville, TN?

In the typical Collierville ZIP code, homes spend a median of 77 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.

Nearby markets

More Tennessee housing markets.

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