Zip Code 38017

Collierville, TNShelby County

Real Estate Market Analysis

Q3 2025 Report
$545,000 (estimate, June 2025)
Median Home Value
~55,000 (2025 estimate)
Population
$120,000 (2025 estimate)
Median Income
A+ (top 5% in TN)
School District Rating

Market Statistics

Property Values

$545,000 (estimate, June 2025)
Median Home Value
$2,250/month (estimate, June 2025)
Median Rent
$195 (estimate, June 2025)
Price per Sq Ft

Market Performance

Home Appreciation3-5% annual growth projected for 2025[5]
Market VelocityInventory up 4.1% MoM (June 2025); homes selling close to list price[1][3]
Foreclosure RateLow (below national average, 2025)

Area Information

Area Sizeapprox. 36 sq mi
CountyShelby
Primary CityCollierville

Housing Profile

Housing Statistics

Total Housing Units~18,000 (2025 estimate)
Owner Occupied~80%
Rental Properties~20%
Vacant Units~4%
New Construction1,498 units under construction in region, 2.8% YoY increase[4]

Housing Types

Single-family homesTownhomesLuxury estates

Demographics

~55,000 (2025 estimate)
Population
41
Median Age
$120,000 (2025 estimate)
Median Income
Above state average, low unemployment
Employment Rate
High: 55%+ bachelor’s degree or higher
Education Levels
Predominantly families, many with children
Family Composition

Education Quality

School District Performance

A+ (top 5% in TN)
District Rating
School DistrictCollierville Schools
Test ScoresAbove state and national averages
Graduation Rates98% (2025)

Schools in Area

  • Collierville High School
  • Schilling Farms Middle
  • Bailey Station Elementary

Economic Factors

Employment & Business

Job GrowthSteady, 2-3% annually (2025)
Unemployment Rate~3.2% (2025)
Business EnvironmentStrong, with mix of corporate and small business presence
Commercial ActivityActive retail, office, and logistics sectors

Major Employers

  • FedEx
  • International Paper
  • Regional Healthcare
  • Collierville Schools

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • I-269
  • Highway 385
  • Proximity to Memphis International Airport

Utilities & Services

  • Memphis Light, Gas and Water
  • AT&T Fiber
  • Municipal water/sewer

Quality of Life

Safety & Environment

Low crime rate, among safest in Shelby County

High, with green spaces and low pollution

Healthcare Access

  • Methodist Le Bonheur Hospital
  • Baptist Memorial Hospital

Development Trends

Planned Developments

  • Mixed-use retail/residential projects
  • Expansion of Schilling Farms

Infrastructure Projects

  • Road widening on Poplar Ave
  • New greenway extensions

Investment Outlook

Growth Outlook

Stable, moderate growth expected through 2026[3]

Investment Opportunities

  • Luxury new builds
  • Townhome developments
  • Long-term rentals

Marketing Intelligence

Target Demographics

  • Move-up families
  • Corporate relocators
  • Affluent professionals

Competitive Advantages

  • Top-rated schools
  • Low crime
  • Proximity to Memphis jobs

Pricing Strategies

Position slightly above Memphis average, justify with schools and amenities

Common Objections & Response Strategies

Objection: Higher home prices than Memphis proper

Response Strategy:

Emphasize superior schools, safety, and long-term value

Objection: Limited affordable housing options

Response Strategy:

Showcase entry-level townhomes and new construction incentives

Objection: Commute to downtown Memphis

Response Strategy:

Highlight highway access and flexible work trends

Professional Recommendations

1

Highlight school quality and safety in all marketing

2

Leverage virtual tours and digital marketing for out-of-state buyers

3

Network with corporate HR departments for relocation leads

4

Stay updated on new construction and zoning changes

5

Advise buyers to act quickly on well-priced listings

Competitive Analysis

Comparable Markets

  • Germantown 38138
  • East Memphis 38120
  • Arlington 38002

Market Positioning

Premium suburban market for families and professionals

Competitive Advantages

  • Higher-rated schools
  • Lower crime
  • Newer housing stock

Price Comparison

10-15% higher than Memphis metro average

Investment Metrics

4.5-5% (2025, residential rentals)
Cap Rates
4.2% (2025)
Rental Yields
~20:1
Price-to-Rent
Moderate, best for long-term appreciation
Cash Flow
3-5% annually through 2026[5]
Appreciation

Buyer Journey Insights

First-Time Buyers

Limited affordable options, best fit in townhomes/newer subdivisions

Move-Up Buyers

Strong selection of 4-5 bedroom homes, competitive pricing

Downsizers

Townhomes and low-maintenance options available, limited supply

Investors

Stable rental demand, low vacancy, moderate cash flow

Relocators

Desirable for corporate moves due to schools and amenities

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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