Foreclosure Homes in Collierville, TN 38017

Current Market Conditions in Collierville, TN

The real estate market in Collierville has shown steady growth over the past year, driven by an influx of families attracted to its excellent schools and community amenities. Home values have appreciated by approximately 6% compared to last year, indicating strong demand and limited inventory.

Currently, the market favors sellers, with properties spending less time on the market and receiving multiple offers—a testament to the desirability of the Collierville area. As new developments continue to emerge, the competitive landscape in real estate indicates a promising future.

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.