Median home value: $500K (-1.4% YoY). Rent: $1,828/mo. Price-to-rent: 22.8x. Part of Memphis, TN-MS-AR.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Memphis, TN-MS-AR metro page.
Home Value$500,386
-1.4%
Rent$1,828/mo
AFFORDABILITYRenting $1,035/mo cheaper ($1,828 rent)6.00% 30yr, 20% down, county tax + TN ins. 28% per HUD.
Enter your income for Collierville.
$100,077 on $500,386
Out of reach — 45.8% of income
Need $122,700/yr to afford.
PITI$2,863
P/I45.8%
Afford$306K
Gap-$195K
P&I $2,400Tax $296Ins $167
Home Buying Kit For Dummies (2025)Financing, negotiation, closing