Why Live in Collierville
Collierville, TN, is a small city located on the eastern end of the Memphis metro area, known for its historic and vibrant town square. The square features attractions such as the train depot and numerous mom-and-pop shops housed in historic buildings. During the holidays, the area transforms with festive lights and carriage rides, making it a lively destination. Collierville boasts a growing inventory of upscale housing options, including Greek Revivals, contemporary Traditionals, and Colonial Revivals, many of which are situated on well-manicured lawns. The city offers a variety of dining options, from upscale Italian at Cafe Piazza and David Grisanti’s On Main to comfort foods at the Highlander Scottish Pub. The commercial corridor around Poplar Avenue and Byhalia Road includes chains like Kroger, Target, and Walmart, as well as local favorites like Tony’s Trophy Room and Huey’s. Collierville hosts several annual events, including the Collierville Balloon Festival and the Fair in the Square, and features historic attractions such as the train depot and Town Square Park. The city has a dozen parks and an 18-mile trail network, providing ample opportunities for outdoor activities like fishing and kayaking on the Wolf River. The Collierville Schools district is highly rated, with Collierville High School and St. George’s Independent School receiving top marks. Collierville is safer than the national average, with crime rates significantly lower than those in nearby Memphis. The city is well-connected to downtown Memphis, more than 25 miles west, via Poplar Avenue and Tennessee State Route 385.
Home Trends in Collierville, TN
On average, homes in Collierville, TN sell after 82 days on the market compared to the national average of 70 days. The median sale price for homes in Collierville, TN over the last 12 months is $687,000, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$687,000
Median Single Family Sale Price
$729,900
Median Townhouse Sale Price
$429,000
Average Price Per Sq Ft
$193
Number of Homes for Sale
54
Last 12 months Home Sales
264
Median List Price
$730,168
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-8%