The typical Collierville home was worth $502,630 in September 2026 on Zillow's index, down 1.4% in a year and 65% above 2016. Neighbors and the metro trend.
Last checked Oct. 17, 2026. Figures come from the Zillow Home Value Index and Zillow’s city days to pending file, both through September 2026; the FHFA House Price Index through the second quarter of 2026; and the Census Bureau’s 2019-2023 American Community Survey. Updated monthly when Zillow publishes new figures.
The typical home in Collierville was worth $502,630 in September 2026, according to the Zillow Home Value Index. That is down 1.4% from $509,612 a year earlier and about 2.7% below the peak of $516,375 in February 2025, but still 65% higher than in September 2016. Collierville has the highest typical value of any city around it. For sale records, see our weekly real estate transfers.
Who to call
- Shelby County Assessor of Property (your appraised value): 901-222-7001
- Shelby County Register of Deeds (recorded sales and deeds): register.shelby.tn.us
- Collierville Planning Division (new subdivisions and rezonings): 901-457-2366
The numbers
| Measure | September 2026 | A year earlier | Change |
|---|---|---|---|
| Typical home value, Collierville (Zillow) | $502,630 | $509,612 | -1.4% |
| Typical home value, Shelby County (Zillow, August) | $219,232 | $222,038 | -1.3% |
| Median days to pending, Collierville (Zillow) | 59 days | 52 days | +7 days |
| FHFA price index, Memphis metro (2nd quarter) | 283.35 | 278.38 | +1.8% |
Ten years of Collierville values
Values climbed fastest in the two years after 2020: up 15.2% in the year to September 2021 and 13.2% the next year. Growth then slowed to 2.2% and 1.2%, and turned to small declines of 0.6% in the year to September 2025 and 1.4% in the year to September 2026. Zillow’s monthly figure has slipped every month since December 2025 except August.
Zillow’s index is a modeled value for the middle third of homes in the city, smoothed and seasonally adjusted. It is not an average of sale prices, and Zillow revises past months.
Collierville and its neighbors
| City | September 2026 | Change in a year |
|---|---|---|
| Collierville | $502,630 | -1.4% |
| Germantown, about five miles west | $480,889 | -1.1% |
| Lakeland, about 15 miles north | $446,748 | -1.0% |
| Arlington, about 14 miles north | $406,895 | -1.5% |
| Olive Branch, Mississippi, about 10 miles southwest | $333,616 | +1.0% |
| Bartlett, about 15 miles northwest | $318,202 | -1.0% |
| Memphis | $151,794 | -2.8% |
Every Shelby County city in the table lost value over the year on Zillow’s index; Olive Branch, across the state line in DeSoto County, was the only one to gain.
Time on the market
Zillow’s median days to pending, the time from listing to an accepted offer, was 59 days in Collierville in September 2026, against 52 days a year earlier. Homes in Bartlett (30 days) and Germantown (32 days) went under contract faster in the same month.
The metro trend: FHFA
The Federal Housing Finance Agency’s all-transactions House Price Index for the Memphis metro area stood at 283.35 in the second quarter of 2026, up 1.8% from a year earlier. The two measures differ: FHFA tracks repeat sales and refinances of homes with mortgages backed by Fannie Mae and Freddie Mac across the whole metro, while Zillow estimates the value of every home in the city.
What the Census says
The Census Bureau’s 2019-2023 American Community Survey put the median value of owner-occupied homes in Collierville at $458,300, from owners’ own estimates. Its median household income for the town was $134,319.
What this means for you
- Selling: expect a longer wait than a year ago, about two months to an accepted offer.
- Buying: values are edging down from the 2025 peak, but Collierville remains the most expensive city in the area on Zillow’s index.
- Your tax bill follows the county’s appraised value, not Zillow’s; see property taxes.
More guides: moving to Collierville, schools and building permits and zoning.
Home values area by area: our Collierville neighborhoods guide.
Frequently asked questions
What is the average home price in Collierville, Tennessee?
The typical Collierville home was worth $502,630 in September 2026, according to the Zillow Home Value Index, down 1.4% from $509,612 a year earlier.
Are home prices falling in Collierville?
Slightly. Zillow’s index peaked at $516,375 in February 2025 and has eased most months since, to $502,630 in September 2026, about 2.7% below the peak.
How long do Collierville homes take to sell?
Zillow’s median days to pending for Collierville was 59 days in September 2026, up from 52 days a year earlier.
Is Collierville more expensive than Germantown?
Yes, on Zillow’s September 2026 index: $502,630 in Collierville against $480,889 in Germantown, the next highest of the neighboring cities.
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