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All market snapshots / 38017

Collierville, TN 38017 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Collierville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 157157PendingPending sales: 55
Collierville, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $615k$615kSoldMedian sold price (last 6 months): $522k$522k
What homes actually sell for in Collierville, TN
Distribution of 520 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $405k to $680k
$270k to $374k: 68 sales$270k$374k to $478k: 132 sales132sales$478k to $581k: 88 sales$478k$581k to $685k: 80 sales$685k to $789k: 48 sales$685k$789k to $892k: 22 sales$892k to $996k: 18 sales$892k$996k to $1.1M: 12 salesMedian $522k

What the numbers say

As of October 26, 2026, Resideline is tracking 157 active listings and 5 pending sales in ZIP code 38017. That pending-to-active ratio of 0.03 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $614,577, while the median of the 520 closed sales Resideline tracked over the last six months was $522,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 38017 for 98 days.

Frequently asked questions

What is the median home price in 38017?

The median closed sale price in Collierville, TN 38017 was $522,000 over the last six months, based on 520 closed sales tracked by Resideline. The middle half of those sales ranged from $405,000 to $680,000.

Is 38017 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 157 active listings in 38017, a pending-to-active ratio of 0.03. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 38017 is currently a slower-moving market.

Nearby ZIP code market data

Full Collierville, TN housing market report →

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