Start Free
All market snapshots / 38017

Collierville, TN 38017 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Collierville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.02
ActiveActive listings: 147147PendingPending sales: 33
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): $555k$555kSoldMedian sold price (last 6 months): $535k$535k
What homes actually sell for in Collierville, TN
Distribution of 560 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $417k to $720k
$280k to $390k: 82 sales$280k$390k to $500k: 124 sales124sales$500k to $610k: 113 sales$500k$610k to $720k: 72 sales$720k to $830k: 54 sales$720k$830k to $939k: 28 sales$939k to $1.05M: 15 sales$939k$1.05M to $1.16M: 16 salesMedian $535k

What the numbers say

As of September 14, 2026, Resideline is tracking 147 active listings and 3 pending sales in ZIP code 38017. That pending-to-active ratio of 0.02 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $555,000, while the median of the 560 closed sales Resideline tracked over the last six months was $535,000. 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 70 days.

Frequently asked questions

What is the median home price in 38017?

The median closed sale price in Collierville, TN 38017 was $535,000 over the last six months, based on 560 closed sales tracked by Resideline. The middle half of those sales ranged from $417,100 to $719,900.

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

Resideline is currently tracking 3 pending sales against 147 active listings in 38017, a pending-to-active ratio of 0.02. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 38017 currently looks like a balanced market.

Nearby ZIP code market data

Full Collierville, TN housing market report →
Run any 38017 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.