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Collierville, TN Real Estate


According to census data in the year 2000 there were 10,754 housing units in Collierville. This represents a 133.1% growth from 4,613 in 1990.

Of those housing units, 10,515 were located in either urbanized areas or urban clusters, and 239 were located in what is classified as a rural area.

Homeownership rate in Collierville is about 86.4%. Collierville's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 3.07 people.

The majority of houses, apartments or condos in Collierville were built after 1992.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom4.60%
Two Bedrooms8%
Three Bedrooms38%
Four Bedrooms36.90%
Five Bedrooms or more12.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.22
Median year structure was built1992
Median Value of occupied units$190,400
Median Price asked for vacant units$277,900

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1989
Median Monthly Rent asked for vacant units$584

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage9.50%
Home Equity Loan11.90%
Simple Mortgage65.80%
Debt Free12.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%