Market Overview
Home Prices in Collegedale, TN
The median home value in Collegedale, TN is $421,661 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Collegedale are priced3% above average. Collegedale is part of the Chattanooga, TN-GA metro area.
Over the past five years, Collegedale home values have risen by approximately31.9%, reflecting strong long-term appreciation in this market.
Price History
Collegedale Home Price Trend
City Comparison
Collegedale vs. National Median
At $421,661, homes in Collegedale cost 3% above the national median of $410,000. Buyers in Collegedale should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Collegedale?
20% Down Payment
$84,332
on $421,661
Monthly P&I
$2,199/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,793/mo
incl. taxes & insurance
Income Needed
$111,720
gross annual (30% rule)
10% Down Option
$42,166
+ PMI applies
Loan Amount (20% dn)
$337,329
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Collegedale, TN?
The median home value in Collegedale is $421,661 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Collegedale?
Over the past year, home values in Collegedale have decreased by 0.2%. Over five years, prices have risen approximately 31.9%.
How much do I need to earn to buy a home in Collegedale?
To comfortably afford the median home price of $421,661 with a 20% down payment ($84,332) at today's rates (6.8%), you'd need a gross annual income of approximately $111,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Collegedale compare to the national average home price?
The national median home value is approximately $410,000. At $421,661, homes in Collegedale are 3% above the national average.
What metro area is Collegedale part of?
Collegedale is part of the Chattanooga, TN-GA metropolitan area. Home prices and market conditions can vary across the broader metro region.