Market Overview
Home Prices in Collinwood, TN
The median home value in Collinwood, TN is $160,205 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7% compared to a year ago and up 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Collinwood are priced61% below average.
Over the past five years, Collinwood home values have risen by approximately41.1%, reflecting strong long-term appreciation in this market.
Price History
Collinwood Home Price Trend
2020
$98,939
$99K
—
2021
$113,510
$114K
+14.7%
2022
$130,037
$130K
+14.6%
2023
$141,966
$142K
+9.2%
2024
$149,604
$150K
+5.4%
2025
$149,740
$150K
+0.1%
2026
$160,205
$160K
+7.0%
City Comparison
Collinwood vs. National Median
🏠 Collinwood
$160,205
National Median
$410,000
At $160,205, homes in Collinwood cost 61% below the national median of $410,000. This makes Collinwood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Collinwood?
20% Down Payment
$32,041
on $160,205
Monthly P&I
$836/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,062/mo
incl. taxes & insurance
Income Needed
$42,480
gross annual (30% rule)
10% Down Option
$16,021
+ PMI applies
Loan Amount (20% dn)
$128,164
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 Collinwood, TN?
The median home value in Collinwood is $160,205 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7% year-over-year.
How much have home prices changed in Collinwood?
Over the past year, home values in Collinwood have increased by 7%. Over five years, prices have risen approximately 41.1%.
How much do I need to earn to buy a home in Collinwood?
To comfortably afford the median home price of $160,205 with a 20% down payment ($32,041) at today's rates (6.8%), you'd need a gross annual income of approximately $42,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Collinwood compare to the national average home price?
The national median home value is approximately $410,000. At $160,205, homes in Collinwood are 61% below the national average.