Real Estate Investing in Collierville, Tennessee
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in Collierville, TN? Our answer, based on the numbers below.
For Homebuyers
MIXED
Grade C (69/100)
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
For Investors
MIXED
3.0 / 5
(47/100)
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
Risks to Know
CLEAN
No major risk flags on the data we track.
What’s happening in Collierville, TN?
Click any question — our AI will research it live from the web and show you sources.
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
Avg Investability
★★★★★
Avg Home Value
$513,709
Avg Monthly Rent
$1,982
ZIP Codes
1
Market Trends — Collierville, TN
Home Value History
Rent History
Local Pulse Report
AI-researched developments and news for Collierville, TN. Updated on demand as visitors ask.
Growth & development in Collierville, TN Updated 134 days ago
Collierville is experiencing significant growth with new residential and commercial developments, alongside ongoing infrastructure improvements and new business openings.
Opportunities
- Morrison Village, a mixed-use development with 100 apartment units, eight live-work structures, and new retail, was approved in September 2024. — This expands housing and retail options, fostering a vibrant community hub. Daily Memphian
- Several new businesses, including Maroon Brewing Co., Mugshots Bar and Grill, and Crumbl Cookies, opened in Collierville in early to mid-2024. — These additions provide more dining and entertainment choices for residents. Maureen Fraser Real Estate
- A new Civic Center Office Park, offering 32,000 square feet of customizable office space for purchase, is under development as of December 2025. — This provides flexible ownership opportunities for businesses, promoting local economic growth. Daily Memphian
- Goodwill opened a new, larger store at Carriage Crossing MarketPlace in April 2025, featuring 14,000 square feet of retail space. — The expanded store offers more shopping opportunities and a convenient donation drive-through. Goodwill Memphis
- The WR Graceland Solar project, a 150 MWac solar facility in Shelby County, is expected to begin commercial operations in late 2024. — This project will provide clean, reliable energy and stable tax revenue for Shelby County. RWE in the Americas
Concerns
- The closure of Shelby Drive between Quinn Road and Collierville High School has been extended until August 2026. — This extended closure may cause ongoing traffic disruptions and inconvenience for commuters. Collierville, TN Town News
- Collierville is nearing its apartment capacity, having constructed or approved 86% of the total allowed by its 2040 Land Use Plan as of December 2023. — This could limit future multi-family housing options and potentially impact affordability. Collierville, TN Development
Bottom line: Collierville is experiencing substantial development in both residential and commercial sectors, alongside ongoing infrastructure improvements, despite some road closures.
Local news & events in Collierville, TN Updated 134 days ago
Collierville has seen a mix of community events and business developments, alongside ongoing concerns about water quality and crime rates.
Opportunities
- Collierville renewed its fireworks contract for the Independence Day celebration, ensuring a continued community tradition. — This provides a popular, free community event for residents to enjoy. Daily Memphian
- The Town of Collierville is kicking off "America 250 in Collierville" to celebrate the nation's 250th birthday in 2026. — This initiative offers various community-submitted and town-sponsored events, fostering civic engagement and celebration. Explore Collierville
- The Harrell Theatre is hosting a 2025–2026 Performing Arts Mini Music Series with five concerts from December 2025 through May 2026. — This brings world-class talent to an intimate local stage, expanding cultural entertainment options. Explore Collierville
- Several new businesses, including Playa Bowls and Pickleball 901, have recently joined the Collierville Chamber of Commerce. — This indicates economic growth and provides new services and recreational opportunities for residents. Collierville Chamber of Commerce
- Collierville's overall crime rate is down by 23% compared to the previous month, with property crime decreasing by 33%. — A decrease in crime enhances personal safety and security for residents. SpotCrime
Concerns
- Collierville's water system sources are rated as moderately susceptible to potential contamination. — This indicates an ongoing vulnerability that could impact the safety and quality of drinking water. Collierville, TN
- Toxic chemicals from past industrial operations, such as trichloroethylene (TCE) and hexavalent chromium, leaked near Collierville's water pumping station number two, leading to its closure in 2002. — This historical contamination poses a long-term environmental concern and restricts access to a local water source. FOX13 Investigates
- In 2023, 1 of 30 households sampled in Collierville exceeded the action level for lead in drinking water. — Lead in drinking water can cause serious health problems, particularly for children and pregnant individuals. Collierville, TN
- Collierville's crime rate is higher than 73% of similarly sized cities and towns in Tennessee. — This suggests a higher risk of becoming a victim of crime compared to many other communities in the state. NeighborhoodScout
- A Collierville police officer resigned in March 2026 following an internal investigation due to domestic assault charges in Fayette County. — This incident can erode public trust in local law enforcement. Daily Memphian
Bottom line: Collierville continues to offer diverse community events and business growth, but residents face ongoing concerns regarding water quality and crime rates.
Schools in Collierville, TN Updated 134 days ago
Collierville Schools continues to expand facilities and programs while maintaining high academic performance and addressing enrollment growth.
Opportunities
- Collierville High School is undergoing a $7.8 million expansion, adding 29,500 square feet with new classrooms and a flight simulator. — This expansion provides more learning space and introduces a specialized program, enhancing educational opportunities. Shelby County Chamber Alliance
- Collierville Schools was named a 2026 District of Distinction in STEM & Career Pathways for its innovative aviation program. — This recognition highlights specialized programs that offer students advanced career-focused education. Collierville Schools News
- The district ranks third in Tennessee for ACT composite scores and percentage of students meeting benchmarks for the 2023 graduating class. — High ACT performance indicates strong academic preparation for college and future careers. Collierville Schools News
- All Collierville schools have earned a 5-star rating from SchoolDigger, and the district outperforms state averages in key metrics. — Consistent high ratings demonstrate a commitment to academic excellence and effective resource allocation. SchoolDigger.com
- Collierville Schools has implemented a District AI Initiative to prepare students for a digital future. — This initiative integrates technology literacy and AI tools into learning, preparing students for future workforce demands. Collierville Schools
Concerns
- Collierville Schools will not be accepting new student transfers for the 2026-27 school year due to enrollment numbers. — This restricts school choice for families not residing within the district's boundaries. Collierville Schools
- Construction projects and road closures near Collierville High School caused traffic congestion and temporary virtual learning days in August 2025. — This imposed inconvenience and disruption to in-person learning for students and families. WREG News Channel 3
- The Collierville High School expansion project's total cost is estimated at $7.8 million, approximately $2.8 million more than originally anticipated. — This represents an increased cost to taxpayers for the facility expansion. Shelby County Chamber Alliance
Bottom line: Collierville Schools is actively investing in facility expansions and advanced programs, while managing growing enrollment and maintaining high academic standards.
Civic & policy in Collierville, TN Updated 134 days ago
Collierville has recently seen a property tax increase, modernized beer regulations, and ongoing zoning adjustments impacting residential development and public notice requirements.
Opportunities
- Collierville modernized its beer ordinance, effective August 28, 2025, simplifying permit classifications and removing outdated restrictions like bans on dancing and video games. — This expands business opportunities for establishments selling alcohol and offers more entertainment choices for residents. Collierville, TN Town News
- The Town of Collierville is nearing its apartment capacity, with 3,038 of 3,532 allowed units constructed or approved as of December 31, 2023. — This indicates a diverse range of housing options, including multi-family developments, are available to residents. Collierville, TN Residential Development
- An ordinance (2025-01) effective February 24, 2025, established new public notice requirements for various zoning actions, including conditional use permits and planned developments. — Increased public notice requirements can lead to more informed community involvement in development decisions. Collierville, TN Summary of Recent Changes
Concerns
- Collierville's Board of Mayor and Aldermen approved a 12-cent property tax hike as part of the $277.1 million budget for Fiscal Year 2026, effective July 1, 2025. — This increases the cost of living and property ownership for Collierville residents. Daily Memphian
- The Board of Mayor and Aldermen approved an ordinance on second reading prohibiting short-term rental properties, with the exception of bed and breakfasts, as of August 27, 2019. — This restricts property owners' ability to generate income through short-term rentals and limits lodging options for visitors. Collierville Independent
- An ordinance (2026-01) is pending that will expand site-plan approval criteria to explicitly require consideration of neighborhood character and adverse off-site impacts. — While aiming for positive impacts, expanded criteria could potentially add complexity and time to development approvals. Collierville, TN Summary of Recent Changes
- The Collierville Board of Mayor and Aldermen approved rezoning 21.22 acres along U.S. Highway 72 from general commercial to restricted industrial on October 27, 2025, despite resident concerns about noise, traffic, and … — This decision may lead to unconsented costs for nearby residents due to potential noise, traffic, and environmental impacts. Citizen Portal
Bottom line: Collierville residents face increased property taxes and stricter short-term rental rules, alongside modernized alcohol regulations and ongoing zoning adjustments.
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
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Property managers serving Shelby County
Manage rentals here? List your business →Advantage Property Management Llc
Cordova, TN
Advantage Property Management offers property management services in Memphis, TN, and surrounding areas, including Section 8 property management, maintenance, and renovations. summary from their website
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Enterprise Property Management, Inc.
Cordova, TN
Enterprise Property Management offers property management services in Memphis. summary from their website
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Foundation Property Management
Memphis, TN
Foundation Property Management offers property management services in Memphis, TN. summary from their website
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Avg Home Value
$513,709
Avg Monthly Rent
$1,982
1% Rule
✗ Below
Landlord Friendly (TN)
★★★★★
ZIP Codes in Collierville, TN
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View PlansFrequently Asked Questions About Collierville, TN
Is Collierville, TN a good market for buy-and-hold investors?
Collierville, TN rates 3.0/5 for investability. With median values at $514K and rents near $1,982/mo, the market offers reasonable fundamentals for rental investors.
Should investors worry about vacancy in Collierville, TN?
Vacancy risk in Collierville, TN is elevated. That supports reliable cash flow for typical rental holds.
Are renters plentiful in Collierville, TN?
Expect a solid tenant pool in Collierville, TN. The rental market absorbs $1,982/mo rents without meaningful friction.
Can I live-in-and-rent in Collierville, TN?
Collierville, TN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,982/mo rent level.
Is Collierville, TN better for rentals, flips, or BRRRR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Collierville, TN. The numbers - $514K homes against $1,982/mo rents - support that play.
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