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Updated May 2026 · Redfin · 3-month window

38017 Real Estate Market Update: Collierville, TN, May 2026

The latest housing-market numbers for ZIP code 38017 in Collierville, Tennessee, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 38017 · Collierville, TN · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$562K▲ +1.2%▲ +1.7%
Days on market61▼ -43.5%▲ +17.3%
Homes for sale280▼ -6.0%▼ -22.2%
Sale-to-list98.2%▲ +0.1%• 0.0%
Homes sold236▲ +26.9%▲ +5.4%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 38017 numbers say

Prices in Collierville's 38017 ZIP are still climbing. The median sale price reached $561,693, up 1.7% year over year. The market has loosened: a typical listing now takes around 61 days to go under contract, with sellers getting 98.2% of list price.

Based on 236 recent sales, 38017 is currently an active market.

What this means if you sell in 38017

Use these figures to set expectations early. Lead a listing appointment with the median price and the 61-day pace, show the year-over-year direction, and frame 38017 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 38017 housing market

What is the median home price in ZIP 38017 (Collierville, TN)?
As of May 2026, the median sale price in ZIP 38017 is $561,693 (+1.7% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 38017 a buyer's or seller's market right now?
ZIP 38017 is currently an active market, based on a 98.2% sale-to-list ratio, about 61 days on market for May 2026.
How long do homes take to sell in ZIP 38017?
A typical listing in 38017 goes under contract in about 61 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 38017 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

More Tennessee markets

All Tennessee ZIP codes →All US ZIP-code updates →

Nearby Tennessee ZIP codes

37042 · Clarksville37122 · Mount Juliet37064 · Franklin38401 · Columbia37043 · Clarksville37066 · Gallatin37087 · Lebanon37128 · Murfreesboro37075 · Hendersonville37013 · AntiochAll Tennessee ZIP codes →

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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.