Affordability
In 2023, the average sales price of a home in Collierville was $562,603.00, up 4% from the 2022's average price of $540,765.00. Average price per square foot currently in Collierville is $174, an increase of 2.36% compared to the same period last year.
Movingwaldo.com describes Collierville as "a perfect mix of affordability and affluence, offering residents an urban-rural feel."
Single Family Homes
According to a 2023 study by Movingwaldo.com, Collierville is the 7th safest city in Tennessee, with a violent crime rate that's 55% lower than most cities in the state. Collierville offers a variety of housing options in neighborhoods connected by beautifully unique trials and paths. Our award winning schools are within walking distance to most neighborhoods. Shopping, be it at our historic downtown, voted the "Best Main Street In America", by Parade Magazine, or at the open air regional lifestyle center, is accessible and affordable.
Multi-Family Options
From traditional apartment complexes, to duplexes and condos, Collierville offers renters high value options. A NEW two bedroom, two bath unit, on average, rents for approximately $1750 per month in Collierville. Several new multi-family developments have recently come on the market, offering amenities and price points to meet most renter's needs and desires. For example – The Carrington at Schilling Farms The Signature at Schilling Farms, Westbrook Crossing.
Assisted Living
Collierville can truly boast housing options for all price ranges, desires and needs. In Collierville, there are numerous assisted living and senior lifestyle facilities, each offering programs and packages to satisfy most if not all requirements. For example – Schilling Gardens, Hearthside Senior Living, and The Farms at Bailey Station.