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Bankruptcy Homes in Collierville, TN

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Collierville, TN Foreclosures

How much do homes sell for in Collierville, TN?
The average home price is currently $522,655.
In Collierville, TN, how many homes are available?
There are currently 85 active home listings available in Collierville.
What’s the average rental cost in Collierville, TN?
The average rental price in Collierville is $2,105.
What is the most expensive home in Collierville?
The most expensive home sold in Collierville had a price of $19,420,798.
What is currently the cheapest priced home in Collierville, TN?
The cheapest home for sale in Collierville is priced at $18,245.

Living in Collierville, TN

Collierville, TN, is a beautiful suburban town known for its family-friendly atmosphere, excellent schools, and a charming historic downtown area. It offers a mix of recreational activities, shopping, and dining options. With its proximity to Memphis, residents enjoy the benefits of both a peaceful community and urban access.

Current Market Conditions in Collierville, TN

The real estate market in Collierville has remained strong, reflecting a trend of growing interest in suburban living, particularly among families seeking quality education and spacious homes. New developments and low inventory have kept prices steady, with homes often selling quickly due to high demand.

As of late 2023, Collierville's housing market has seen a slight increase in home values compared to last year. The area is favored for its sense of community, well-regarded schools, and an abundance of local amenities, which continue to attract buyers.

Home Value Estimator For Collierville, TN

There are currently 16,658 real estate properties in Collierville, TN, with a median automated valuation model (AVM) price of $488,515.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Collierville, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Collierville, TN, is $522,655.00, with the most expensive house in Collierville, TN, topping out at $19,420,798.00 and the cheapest home in Collierville, TN, clocking in at $18,245.00. In other words, there’s something for every potential homebuyer or savvy investor in Collierville, TN!

Rent Prices In Collierville, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Collierville, TN, is on a rollercoaster ride. The average rent price in Collierville, TN, is $2,105.00. Indeed, when looking to rent in Collierville, TN, you can expect to pay as little as $610.00 or as much as $3,520.00, with the average rent median estimated to be $2,050.00. The good news is that finding an affordable and desirable property to rent in Collierville, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Collierville, TN Bankruptcy Homes

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