The story of this market
The typical home in ZIP 38017 sells for about $559,734, or $175 per square foot.
Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $1,609 a month.
ZIP 38017 — Piperton
The 38017 housing market is currently experiencing moderate growth with a median sale price of $560,000, reflecting a 1.4% year-over-year increase. While inventory remains somewhat competitive, the market is seeing a rise in sales volume compared to the previous year. The area remains a stable, family-oriented suburb with high owner-occupancy rates and strong local school support.
This ZIP is well-suited for family buyers seeking established suburban neighborhoods, high-quality schools, and a professional community environment.
Median prices moved up 1.4% year over year.
Homes spend a median of 49 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 3.4% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 38017
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Collierville Schools district, which is generally characterized by high-performing schools and strong academic ratings.
The area features a stable economic base with significant employment in education and healthcare, supported by its status as an established residential suburb of Memphis.
Property taxes are assessed at the county level in Shelby and Fayette counties, with an average effective rate of approximately 0.8% for residential parcels in this ZIP.
Residents typically face a commute of approximately 25 minutes, reflecting the area's suburban nature and access to the broader Memphis employment core.
The area offers access to local parks, green spaces, and established shopping districts within Collierville, providing a suburban amenity base.
The rental market is characterized by a relatively low renter share of approximately 22%, with housing stock dominated by single-family detached homes.
The local economy is anchored by management, business, and professional services, with education and healthcare serving as primary industry drivers.
Parcels are primarily served by the Collierville Schools district.
Data sourced from Census Reporter and MapOfZipCodes.
- Dave & Buster's Memphis412.9 mi
- K1 Speed Memphis4.714.1 mi
- Urban Air Trampoline and Adventure Park4.210.3 mi
- Urban Air Trampoline and Adventure Park4.25.1 mi
- Jumping World4.114.1 mi
- Topgolf Memphis3.59.5 mi
- Simmons Bank Liberty Stadium4.519.3 mi
- Dave & Buster's Memphis412.9 mi
- India Cultural Center & Temple Inc.4.810.2 mi
- K1 Speed Memphis4.714.1 mi
- Shelby Farms Park4.811.9 mi
- Malco Collierville Towne Cinema Grill & MXT4.62.8 mi
- Memphis’ Incredible Food and Fun4.411.1 mi
- Malco Cordova Cinema Grill4.310.6 mi
- Dave & Buster's Memphis412.9 mi
- Children's Museum of Memphis4.619.3 mi
- India Cultural Center & Temple Inc.4.810.2 mi
- Dixon Gallery & Gardens4.815.8 mi
- Memphis Museum of Science & History4.518.4 mi
- Lichterman Nature Center4.612.5 mi
- Shelby Farms Park4.811.9 mi
- H.W. Cox Park4.61.8 mi
- W.C. Johnson Park4.82.2 mi
- Cameron Brown Park4.78 mi
- Hinton Park4.75.4 mi
- Topgolf Memphis3.59.5 mi
- TPC Southwind4.87.6 mi
- Windyke Country Club4.87.6 mi
- Ridgeway Country Club4.85.1 mi
- Spring Creek Ranch4.84.2 mi
- Wolfchase Galleria4.212.7 mi
- Winchester Farmers Market4.311.3 mi
- T.J. Maxx4.39.5 mi
- El Mercadito de Memphis4.312 mi
- Macy's4.212.8 mi
- Frederick W. Smith International Airport4.218.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic district serving as a central community hub.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.