38017 — Collierville, TN Home Values
Typical home value $518,742 as of June 2026 · 4th of 71 in Memphis, TN-MS-AR
Blue: typical home value (Zillow ZHVI) in ZIP code 38017, June 2021 to June 2026. This page shows observed data only; no forecast.
How 38017 compares in the Memphis, TN-MS-AR area
ZIP code 38017 (Collierville, TN) has a typical home value of $518,742 as of June 2026, ranking 4th of 71 ZIP codes tracked in the Memphis, TN-MS-AR area, more expensive than about 96% of ZIP codes in the metro. Prices here have moved -1.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +18.5%, from $437,885 in June 2021 to $518,742 in June 2026. Against observed rent, the typical home here sells for 22.2× the annual rent ($1,943/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Memphis, TN-MS-AR forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Memphis.
Population and demographics
ZIP code 38017 has a population of 56,427, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 70% White, 12.6% Asian, 10.4% Black or African American, 4.2% Hispanic or Latino, 2.4% two or more races, 0.3% another race, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Tara Oaks Elementary School | 600 Harpers Ferry RD, Collierville, TN | 0.3 mi |
| Collierville Elementary School | 590 Peterson Lake RD, Collierville, TN | 1.1 mi |
| Collierville Virtual Academy | 145 W. Poplar AVE, Collierville, TN | 1.7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 38017?
$518,742 as of June 2026, the latest month Zillow has published observed data for.
Is 38017 an expensive ZIP code in the Memphis, TN-MS-AR area?
38017 ranks 4th of 71 ZIP codes in the Memphis, TN-MS-AR area by typical home value, more expensive than about 96% of ZIP codes in the metro.
How much have home values in 38017 changed over the past year?
-1.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 38017?
The typical home price is 22.2× the observed annual rent in this ZIP code ($1,943/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 38017?
56,427, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 38017?
Tara Oaks Elementary School (0.3 mi), Collierville Elementary School (1.1 mi), Collierville Virtual Academy (1.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 38017?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Memphis, TN-MS-AR forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.