Home prices
The median home in Collierville costs $319,300. It is approximately $58,280 (22%) higher in comparison to its surrounding areas.Compared to the nation as a whole it is approximately $101,800 (46%) higher, and in comparison to the city of Memphis is approximately $217,500 (213%) higher.
Rents
The median rent in Collierville is $1,331 per month. Compared to the surrounding areas it is about $463 (53%) higher.In comparison to the nation as a whole it is roughly $269 (25%) higher, and it is about $430 (47%) higher in comparison to the city of Memphis.
Nearby places
Piperton
Piperton is Collierville's neighbor to the east. Its real estate prices are a bit more expensive. The value of the median home in Piperton is $399,100, which works out to $79,800 (19%) higher than Collierville. Rents there are significantly less expensive. The median monthly rent in Piperton is $885, which comes out to $446 (50%) lower than Collierville.
Germantown
Germantown is Collierville's neighbor to the northwest. Housing prices there are fairly similar. The median home value in Germantown is $331,700, which works out to $12,400 (3%) higher than Collierville. Rents there are pretty similar. In Germantown the median rent is $1,387 a month, which is $56 (4%) higher than Collierville.
Rossville
Rossville is approximately 6 miles east from Collierville. Its housing prices are a little less expensive. Rossville's median home price is $267,900, which is $51,400 (19%) lower than Collierville. Its rents are substantially less expensive. The median monthly rent in Rossville is $350, which works out to $981 (280%) lower than Collierville.
Olive Branch
Olive Branch is about 9 miles southwest of Collierville. Real estate prices there are a lot less expensive. The median home in Olive Branch costs $175,600, which comes out to $143,700 (81%) lower than Collierville. Its rents are somewhat less expensive. Olive Branch's median rent is $1,164 per month, which comes out to $167 (14%) lower than Collierville.
Byhalia
Byhalia is approximately 12 miles south of Collierville. Housing prices there are significantly less expensive. Byhalia's median home value is $130,800, which works out to $188,500 (144%) lower than Collierville. Its rents are a lot less expensive. Byhalia's median monthly rent is $555, which is $776 (139%) lower than Collierville.