Zip lookup · TN

38017
Collierville, Tennessee.

Collierville, Shelby County, TN · Memphis, TN-MS-AR metro · population 56,826

What it costs per month · 38017 $2,650/mo

to buy the typical home at today's mortgage rate — +$1,317 (+99%) since Jan 2020.

What the home itself did
1 year
Down $7,166 -1%
$512,136$504,970 since Sep 2025
5 years
Up $64,809 +15%
$440,160$504,970 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$1,000 $2,000 $3,000 2002 2006 2010 2014 2018 2022 2026 38017 $2,650 United States $1,922
$1,000 $2,000 $3,000 2002 2010 2018 2026
  • 38017$2,650
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 25 years.

Typical home values in zip 38017 fell 1.4% over the past year — slower than the nation's +1.2%.

Asking rents in zip 38017 rose 2.2% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 38017 runs $1,598/mo more than renting one. The gap peaked at $1,841 in Oct 2023.

That is $3,484 a month against $1,886 rent: a $2,650 mortgage payment, plus $293 property tax and $541 insurance & upkeep.

Owning vs renting — zip 38017

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,500 $2,000 $2,500 $3,000 $3,500 2021 2022 2023 2024 2025 2026 Owning all in $3,484 Renting $1,886 Mortgage only $2,650
$1,500 $2,000 $2,500 $3,000 $3,500 2022 2024 2026
  • Owning all in$3,484
  • Renting$1,886
  • Mortgage only$2,650

Property tax · $293/mo 0.70% of value a year — the ACS 2020-2024 median bill over the median home value for 2 counties

Insurance & upkeep · $541/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

This zip spans 2 counties: Shelby County, TN 57% · Fayette County, TN 43%

Zillow also publishes an index for the city itself: Collierville, TN — measured over the city limits, which is a different area from this zip.

Asking rent $1,886 as of Sep 2026
+2.2%year on year
Typical home value $504,970 as of Sep 2026
-1.4%year on year

Asking rent — 38017

Against the Memphis, TN-MS-AR metro and the national benchmark.

$1,200 $1,400 $1,600 $1,800 2021 2022 2023 2024 2025 2026 38017 $1,886 Memphis $1,393 United States $1,932
$1,200 $1,400 $1,600 $1,800 2022 2024 2026
  • 38017$1,886
  • Memphis$1,393
  • United States$1,932

Typical home value — 38017

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 $500,000 2018 2020 2022 2024 2026 38017 $504,970 Memphis $242,102 United States $366,157
$200,000 $300,000 $400,000 $500,000 2018 2022 2026
  • 38017$504,970
  • Memphis$242,102
  • United States$366,157

Within 20 miles

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
19.1 38112 Memphis 16,809 $1,233 $120,382
19.1 38108 Memphis 17,562 $1,085 $66,545
19.0 38672 Southaven 16,436 $2,304 $334,790
18.9 38128 Memphis 42,162 $1,198 $143,481
18.9 38114 Memphis 20,298 $929 $70,758
16.7 38111 Memphis 41,934 $1,280 $130,811
16.4 38122 Memphis 26,021 $1,119 $120,792
16.2 38135 Memphis 30,317 $1,799 $294,757
16.2 38057 Moscow 3,563 — $282,679
15.8 38118 Memphis 39,107 $1,178 $120,452
15.6 38002 Arlington 43,882 $2,017 $405,559
14.7 38611 Byhalia 16,537 — $274,657
14.6 38117 Memphis 25,776 $1,466 $264,140
13.9 38134 Memphis 43,947 $1,206 $222,769
13.4 38661 Red Banks 2,126 — $230,674
13.2 38654 Olive Branch 57,898 $1,832 $333,948
13.1 38060 Oakland 12,552 $2,089 $351,217
12.8 38133 Memphis 21,278 $1,648 $271,021
11.9 38141 Memphis 23,952 $1,570 $188,113
11.9 38115 Memphis 38,491 $1,029 $160,944
11.9 38120 Memphis 13,309 $1,563 $422,325
11.8 38076 Williston 954 — $355,663
10.9 38119 Memphis 23,464 $1,472 $288,176
9.8 38016 Cordova 44,136 $1,495 $290,354
8.3 38138 Germantown 25,167 $2,259 $429,441
8.2 38125 Memphis 43,071 $1,516 $275,797
8.2 38028 Eads 7,992 — $599,178
8.0 38018 Cordova 38,527 $1,658 $287,250
6.5 38066 Rossville 3,446 — $522,373
5.9 38139 Germantown 16,466 — $585,243

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.