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Homes For Sale In Collierville, TN
This easternmost suburb of Memphis blends an old school downtown with modern residential developments sure to meet the needs of anyone looking to relocate to Collierville, TN real estate. With a population of over 50K, Collierville is a big enough city to stand on its own. Check out some of our homes for sale in Collierville, TN, and learn more about what makes this suburb a great place to live.
Collierville TN Real Estate Market
Homes For Sale in Collierville, Tennessee
Houses for sale in Collierville, TN, have been appreciating steadily for five years and show no sign of slowing down. If you buy a house in Collierville, you’ll be thanking yourself in the long run. The median price for a single-family home for sale in Collierville is $629K, about $200K more than the national average and $450K more than the median in Memphis. If you’re looking for high-value, high-appreciating property in west Tennessee real estate, Collierville is an exemplary city.
The majority of homes for sale in Collierville, TN, were built between 1970 and 2000, while there has been a recent surge of recent construction. Most homes are between 2-3 bedrooms, perfect for small families or young professionals. There’s about a 50-50 split of homeowners to renters in Collierville, which lends itself to a more diversified local real estate market.
If you’re looking for the best homes for sale in Collierville, check out the city’s northwest side. Home prices regularly exceed $1M, and most houses are big four-bedroom affairs in that area.
Collierville Neighborhood Sampler
Piperton
Technically a suburb of Memphis, Piperton is located just 4 miles to Collierville and offers an abundance of rural subdivisions for residents to choose from. Piperton has no any public schools within the suburb, but Fayette County Schools still serves the area’s students. Otherwise, there are many new-construction and high-value homes for sale in Piperton, making it the ideal location for individuals or families looking to upgrade. The average home price in Piperton is around $445K.
Germantown
This upscale area of Collierville is situated in southeast Shelby County and encompasses 700 acres of parkland. At the center of the neighborhood, you’ll find “Old Germantown,” which features a railroad depot and charming single-family homes for sale built in the late 1800s. Germantown homes for sale are in the middle of some of Tennessee’s best festivals, including the Germantown Festival and the Germantown Charity Horse Show. In addition, Germantown has one of the lowest crime rates in the entire state! The average price for homes in Germantown is around $600K.
Cordova
Just north of Germantown, Cordova is one of Memphis’ fastest-growing neighborhoods. The average home for sale in Cordova is around $315K. The Wolfchase Galleria shopping center, commercial spaces along Germantown Parkway, and an annual Fourth of July parade create an exciting environment for Cordova residents.
Distance to Major Cities From Collierville, Tennessee
- 30 miles to Memphis, TN
- 56 miles to Oxford, MS
- 71 miles to Batesville, MS
- 99 miles to Jonesboro, AR
- 166 miles to Little Rock, AR
Schools in Collierville
Collierville Schools is a relatively new school district and serves the homes for sale in Collierville. The district has roughly 9K students enrolled across nine campuses. Collierville High School is the only public high school in the city recognized for its ability to prepare students for college.
Frequently Asked Questions About Collierville TN
What is the zip code for Collierville homes for sale?
There are three zip codes for the homes for sale in Collierville:
What county are Collierville homes for sale in?
Collierville homes for sale are located in Shelby County, Tennessee.
Where is the nearest airport to Collierville homes for sale?
The Memphis International Airport is 23 miles or about 30 minutes from Collierville.
How far is Nashville from Collierville, Tennessee?
Nashville, TN, is just over 200 miles or about three hours and 15 minutes away from Collierville, TN.
Is Collierville, Tennessee a good place to live?
Niche.com ranks Collierville number two among the best places to live in the Memphis area. It is an excellent place to raise a family for having great schools, diversified housing options, and job opportunities. Though Memphis has one of the country’s highest crime rates, Collierville is a relatively safe place to live. According to bestplaces.net, Collierville’s property and violent crime rates are 54.8% and 76.6% lower than Memphis’ crime rates.
Things to Do in Collierville TN
Parks and Recreation in Collierville, Tennessee
Collierville may be a stand-alone city on the outskirts of Memphis, but the homes for sale in Collierville are nearby several things to do. You could see a live performance at the Harrell Performing Arts Theater or the New Day Children’s Theater, go for a walk at W. C. Johnson Park, learn about Collierville at the Morton Museum, and so much more!
Shopping and Dining in Collierville, Tennessee
Collierville has a mixture of mom-and-pop businesses and well-known box stores and restaurants. Most of the shopping is along Route 57, and there’s a small cluster of name-brand stores near Route 385 and E Shelby Dr. If you’re specifically interested in supporting local businesses, you’ll enjoy shopping at places like Sheffield Antique Mall and the Historic Town Square. Some of the most popular shopping centers in Collierville include:
- Carriage Crossing
- Collierville Crossing
- The Shops of Collierville
Living in Collierville TN
Cost of Living in Collierville
The overall cost of living in Collierville is 22.8% higher than the state average and 10.4% higher than the national average. If you buy one of the homes for sale in Collierville, you’ll likely pay more for housing, transportation, and groceries and about the same or sometimes less for healthcare and utilities. The median household income in Collierville is $117,327.
Jobs in Collierville
Since Collierville is a part of the Memphis area, most of Collierville’s economy is centered around the transportation and shipping industry. With that said, some of the best employers near the homes for sale in Collierville include:
- Orgill - Hardware distributor headquartered in Collierville
- MCR Safety - Provides PPE for many industries
- Write Construction - Specializes in all forms of construction for single-family homes
- Helena Agri-Enterprises - Ag and specialty formulators and distributors
- Central Network Retail Group - Oversees hardware stores, home centers, and lumber yards across the U.S.
Transportation in Collierville
Collierville is a car-centric city, and several major thoroughfares make traveling in and around the city convenient.
- State Route 57 - Flows east and west through the middle of Collierville
- U.S. Route 72 - Flows southeast and west and merges with Route 57, connecting Collierville to Memphis.
- State Route 385 - Located on the south side of Collierville and starts from the east and flows to the west.
- Interstate 269 - Flows north and south on the east side of Collierville.
Collierville does not have a public transportation service and is located outside of the Memphis Area Transit Authority’s jurisdiction. The closest route to Collierville homes for sale is route 50 in Germantown.
Medical Access in Collierville
With Collierville’s location in the Memphis metropolitan area, residents have access to several medical facilities. Locals living in Collierville homes for sale don’t have to travel across the metro area for medical care. The Baptist Memorial Hospital system has a branch located in Collierville near Route 72 and Shea Rd.
Weather in Collierville
Collierville is located in a humid subtropical climate and experiences all four seasons. The summers are mild to hot, with the average high temperature reaching 91°F in July. Fall in Collierville is colorful and cooler with frequent rain. Winters are even colder, with the average low temperature dipping to 29°F in January. Springtime warms up fairly quickly and receives a lot of rain. Collierville receives about 55 inches of rainfall and about two inches of snowfall each year.