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Fixer Upper Homes in Collierville, TN

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Living in Collierville, TN

Collierville, TN is a picturesque suburb ideal for families and professionals, featuring a historic town square, excellent schools, and an abundance of outdoor activities. Its community-oriented atmosphere, combined with cultural amenities and well-maintained parks, make it a noteworthy location for real estate investment. Residents enjoy easy access to nearby Memphis for additional amenities and employment opportunities.

Current Market Conditions in Collierville, TN

Collierville's real estate market has shown steady growth over the past few years, characterized by increasing property values and a competitive landscape. The demand for homes in this suburban area remains strong due to its reputable schools and attractive living conditions, making it a sought-after location for real estate investors.

The market is particularly favorable for single-family homes, with many buyers seeking properties in family-friendly neighborhoods. Investors can expect moderate appreciation rates and a growing rental market as more families choose to settle in this desirable town.

Home Value Estimator For Collierville, TN

There are currently 16,657 real estate properties in Collierville, TN, with a median automated valuation model (AVM) price of $483,913.00. 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 $520,500.00, with the most expensive house in Collierville, TN, topping out at $19,476,541.00 and the cheapest home in Collierville, TN, clocking in at $18,256.00. 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 Fixer Upper Homes

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