Collierville, CA has a median housing value of $643,500, which is significantly higher than the US house median value of $338,100. Although the overall appreciation of US houses in the last year was 8.27%, Collierville houses had an appreciation rate of 4.47%. This shows that while housing prices are increasing nationwide, they are not increasing as quickly in Collierville as they are elsewhere. The higher median value and lower appreciation rate reflect the stable market in this area and indicate that it is a great place to invest in real estate.
The median home cost in Collierville is $643,500. Home appreciation the last 10 years has been 186.5%. Home Appreciation in Collierville is up 11.9%.
Average Age of Homes
- The median age of Collierville real estate is 50 years old
The Rental Market in Collierville
- Renters make up 24.1% of the Collierville population
- 0.0% of houses and apartments in Collierville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.