Market Intelligence · TN / Collierville

Collierville, TN 38017 Housing Market

The typical home value in Collierville, TN 38017 is $513,709, down 1.7% over the past year. The median list price stands at $605,975, with homes staying on the market for a median of 75 days.

Updated August 2026Median value$508K

The median home value in Collierville, TN 38017 is $508K as of August 2026, down 1.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 38017 range

$468K to $549K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.4% over 12 months

Typical home value in 38017 over the last 12 months: $516K in Aug 2025 to $508K in Aug 2026 (-1.4%).

Aug 2025$516K

Aug 2026$508K

The numbers

What is the 38017 housing market like?

Typical home value

$508K

Down1.4%YoY

Median list price

$606K

Up0.8%MoM

Days on market

75

Up5.6%MoM

Homes for sale

326

Down0.9%MoM

Price cuts

27.1%

Down19.2%MoM

New listings

76

Down11.6%MoM

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

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The comparison

How do 38017 home prices compare?

  • 38017$508,241
  • Collierville$508,241
  • Tennessee$270,768
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Collierville: 1 ZIPs; Tennessee: 587 ZIPs; United States: 26,265 ZIPs).

Context

Collierville currently has 326 homes for sale with 76 new listings as of August 2026. The median days on market of 75 suggests steady but unhurried buyer activity. Price cuts appear on 27.1% of listings, indicating some seller adjustment in a market where values have declined over the past year. For homeowners thinking about selling, the combination of slower movement and softening values suggests taking time to price competitively from the start.

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20% · $101,648

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