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The median home value in Collierville, TN is $511,350 as of 2026-07-31, down 1.69% from a year earlier.
Median Home Value
$511,350
Year-over-Year
-1.69%
Population
51,312
Collierville ranks #9 of 89 Tennessee cities tracked here by median home value, and sits 61.9% above the state's city median of $315,874. It sits in Shelby County, where the county-wide median is $219,859.
Median household income in Collierville is $138,598, so the typical home value is about 3.7× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Collierville police recorded a violent crime rate of 150 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,269 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Collierville, that value is $511,350. That's down 1.69% from a year earlier. It is about 61.9% above the typical Tennessee city tracked here.
Homes in Collierville are more expensive than Shelby County as a whole, where the median is $219,859 — a difference of about 132.6%.
Median household income here is $138,598, so the typical home value is about 3.7× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Collierville police reported 150 violent crimes per 100,000 residents, covering a population of about 51,312. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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