Collierville, TN Real Estate Market Summary – September 8, 2026
In Collierville, TN, the real estate market has seen 70 properties sold recently, with an average of 2.33 transactions occurring each day. Homes are averaging 19 days on the market before a purchase is made, providing an insight into the local housing activity and price dynamics.
| Metric | 30 Days |
|---|---|
| Number Sold | 70 |
| Sold Per Day | 2.33 |
| Average SQFT | 3083 |
| Median Sales Price | $507,125 |
| Average Sales Price | $555,571 |
| Average Price Per SQFT | $178 |
| Average Days on Market | 19 |
| Average Year Built | 1998 |
Collierville, TN Single Family Home Analysis
For single-family homes, there were 66 transactions, with prices averaging $551,825 and median prices around $509,625. The average time these homes spent on the market was nearly 19 days, indicating a pace of 2.2 listings per day.
| Metric | 30 Days |
|---|---|
| Number Sold | 66 |
| Sold Per Day | 2.20 |
| Average SQFT | 3095 |
| Median Sales Price | $509,625 |
| Average Sales Price | $551,825 |
| Average Price Per SQFT | $176 |
| Average Days on Market | 19 |
| Average Year Built | 1997 |
Collierville, TN Condo & Townhome Analysis
In the condo and townhome segment, 4 units were sold, with an average transaction price of $617,375 and a median of $474,000. These properties typically remained on the market for about 23 days, showing a pace of 1 listing every 7.5 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 2881 |
| Median Sales Price | $474,000 |
| Average Sales Price | $617,375 |
| Average Price Per SQFT | $206 |
| Average Days on Market | 23 |
| Average Year Built | 2019 |
Buyer & Seller Analysis
- Average home size in the market was approximately 3,083 square feet.
- Condos and townhomes had a lower volume with 4 units sold compared to single-family homes.
- Most homes were built around the late 1990s, with an average year built of 1998.
- The data reflects transactions completed in the last 30 days.
Conclusion
Overall, Collierville’s market exhibits a consistent pace of sales, reflecting the community’s ongoing interest in housing. As the data shows, the market dynamics vary between different housing types, with larger transaction volumes in single-family homes.