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Collierville, TN
Full City Profile · Tennessee · Shelby County County
3.9
/5.0
B+
Good
51,212
Population
1,395/sq mi density
$134,319
Median Income
$61,691 per capita
$458,300
Home Value
$506,820 Zillow
$1,574
Median Rent
22.4% income on rent
61°F
Avg Temperature
301 sunny days/yr
232
Violent Crime/100K
1,342 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$134,319 median income, 2.1% unemployment
A+
Affordability
4.8 / 5.0
$458,300 home value, $1,574/mo rent
F
Safety
1.0 / 5.0
232 violent crimes/100K
A+
Education
5.0 / 5.0
60.6% bachelor's degree or higher
Housing Overview
Median Home Value
$458,300
63% above
US avg: $281,900
Median Rent
$1,574/mo
35% above
US avg: $1,163/mo
Homeownership Rate
80.7%
23% above US avg (65.4%)
Total Housing Units
18,579
Median year built: 1996
Home Value by Source
Census Median
$458,300
Zillow (ZHVI)
$506,820
Median Sale Price
$482,500
Median List Price
$579,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.7%
Owner-Occupied
19.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$1,574/mo
· Zillow rent:
$1,852/mo
Market Indicators (Redfin)
Median Days on Market
116 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
38
Price Drops
25.8%
of listings with price reduction
Price Per Sq Ft
$176
Active Inventory
194
homes for sale
Affordability & Housing Stock
Rent Burden
22.4%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
80.7%
Complete Housing Data
Home Values
| Census Median Value | $458,300 |
| Zillow Home Value (ZHVI) | $506,820 |
| Median Sale Price | $482,500 |
| Median List Price | $579,900 |
| Price Per Sq Ft | $176 |
Rent
| Census Median Rent | $1,574 |
| Zillow Rent (ZORI) | $1,852 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
| Days on Market | 116 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.8% |
| Homes Sold | 38 |
| Active Inventory | 194 |
| Price Per Sq Ft | $176 |
Ownership & Stock
| Owner-Occupied | 80.7% |
| Renter-Occupied | 19.3% |
| Homeownership Rate | 80.7% |
| Total Housing Units | 18,579 |
| Median Year Built | 1996 |
| Rent Burden | 22.4% |