38450 Homes under $400,000

Welcome to Collinwood, Tennessee, a charming town nestled in the heart of Wayne County, where the zip code 38450 serves as your gateway to a warm community and a vibrant lifestyle. Known for its picturesque landscapes and friendly atmosphere, Collinwood offers a unique blend of rural charm and modern conveniences.

For those seeking affordable housing options, you'll be pleased to discover that the real estate market in Collinwood features an array of homes priced under $400,000. This makes it an ideal location for first-time homebuyers, families, and retirees alike. From cozy single-family homes to spacious properties with ample outdoor space, there’s something for everyone in this welcoming community.

Living in Collinwood means enjoying the beauty of nature right at your doorstep. The area is surrounded by lush greenery, providing endless opportunities for outdoor activities such as hiking, fishing, and exploring nearby parks. The town’s close-knit community fosters a sense of belonging, where neighbors become friends and local events bring everyone together.

In addition to its affordable housing, Collinwood is conveniently located near essential amenities, including schools, shopping, and dining options. With a low cost of living and a relaxed pace of life, Collinwood is truly a hidden gem in Tennessee.

If you're looking to invest in a home in a friendly community that offers both charm and affordability, look no further than Collinwood, TN 38450. Your dream home awaits in this delightful corner of the Volunteer State!

Newest 38450 Homes under $400,000

$189,000

3 Beds ⋅ 3 Baths ⋅ 3613165 MLS ⋅ ACTIVE Status ⋅ 0.5 Acres ⋅ 38450 Zip Code

Beautiful brick home with a spacious yard, full basement, and desirable accessibility features! This well-maintained home offers comfort, convenience, and plenty of potential. The inviting living room features a brick fireplace, creating a warm and welcoming focal point for gatherings and relaxing evenings. The eat-in kitchen provides a comfortable space for family meals and includes the range, dishwasher, and refrigerator. The full unfinished basement is heated and cooled, offering abundance storage and endless possibilities for future use. Enjoy the outdoors from the screened-in deck overlooking the spacious backyard. Accessibility features include a ramp to the front entrance and walk-in tub in the primary bedroom. Additional features include a metal carport, new windows, and new patio doors. A wonderful opportunity to own a solid brick home with great outdoor space, convenient features, and room to make it your own!

305 Third Ave, Collinwood

$235,000

3 Beds ⋅ 2 Baths ⋅ 3592674 MLS ⋅ ACTIVE Status ⋅ 12.96 Acres ⋅ 38450 Zip Code

Welcome to peaceful country living in this beautifully remodeled 3-bedroom, 2-bathroom home situated on 5 acres. Featuring a fresh, updated interior and a comfortable layout, this home is move-in ready and full of charm. Enjoy the tranquility of the country while still having plenty of space to make this property your own. The unfinished basement provides excellent potential for additional living space, storage, a workshop, or future customization. Whether you’re looking for a family home, a quiet retreat, or room to grow, this property offers the perfect blend of modern updates and country charm. Just minutes away from the small town of Collinwood in middle Tennessee! Come see all this remodeled home has to offer!

1317 Shawnettee Rd, Collinwood

$165,000

3 Beds ⋅ 1 Baths ⋅ 3320207 MLS ⋅ ACTIVE Status ⋅ 0.21 Acres ⋅ 38450 Zip Code

Welcome to this charming in-town brick home at 122 E James St in Collinwood, TN—where comfort, convenience, and value come together. This well-maintained 3-bedroom, 1-bath home offers 1,275 square feet of inviting, open-concept living space, perfect for a wide range of buyers from first-time homeowners to savvy investors. Situated on a level 75x125 lot in a quiet, established neighborhood, this property delivers both curb appeal and practicality. Inside, you’ll find a functional layout with a blend of hardwood, laminate, and tile flooring, along with abundant natural light that creates a warm, welcoming atmosphere. Central heat and air ensure year-round comfort, while the durable brick exterior and metal roof provide long-term peace of mind. Enjoy the ease of low-maintenance living with access to public water, sewer, natural gas, and electric—an increasingly valuable combination in today’s market. Located within the city limits, the home features paved road frontage and is just minutes from local shops, dining, and everyday essentials. Plus, it’s within walking distance to Collinwood Park, making it ideal for families or anyone who enjoys easy access to outdoor space. Homes in this price range with solid construction and full utilities are in high demand across Wayne County. Whether you're looking for a move-in ready primary residence, a rental property, or a smart investment with upside potential, this home checks all the boxes. Affordable, well-located, and built to last—this is an opportunity you don’t want to miss. Schedule your private showing today!

122 E James St, Collinwood

$349,900

3 Beds ⋅ 2 Baths ⋅ 3246087 MLS ⋅ ACTIVE Status ⋅ 7.05 Acres ⋅ 38450 Zip Code

Tucked away at the end of a long private driveway, this beautiful home offers the peace, privacy, and natural beauty you’ve been searching for. Nestled on over 7 wooded acres in scenic Wayne County, this spacious 3-bedroom, 2-bath home provides the perfect blend of comfort and seclusion. Step inside to a welcoming foyer that opens to a thoughtfully designed floor plan featuring a separate dining area, generous living spaces, and a large sunroom filled with natural light—an ideal spot to enjoy your morning coffee while taking in the surrounding views. The home has been tastefully remodeled and offers plenty of room for both everyday living and entertaining. The downstairs has 2 bedrooms and upstairs , you’ll find a private en-suite bedroom along with two additional rooms that could become more bedrooms or office/crafting space. An additional bonus area at the top of the stairs has huge windows for enjoying the outdoors. This area would make an excellent second story living room, home office, media room, playroom, or guest retreat. Step outside onto the upper-level deck overlooking the private backyard and enjoy the tranquility of your own wooded paradise. Conveniently located just off the Natchez Trace Parkway and within easy driving distance of Florence, Alabama, this property offers access to endless outdoor recreation, hiking, fishing, and the charm of small-town living. If you’re looking for a private retreat with room to spread out and enjoy nature, this exceptional property is a must-see.

265 Roanoke Creek Rd, Collinwood

$130,000

3 Beds ⋅ 2 Baths ⋅ 3214416 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 4.01 Acres ⋅ 38450 Zip Code

Looking for a rural refuge from big city living? This may be just the place for you! This 3 bedroom, 2 bathroom manufactured home sits upon 4 partially wooded acres. The chicken coop and small goat barn are ready for your furry and feathered friends! There's also an RV parking slip with 50 amp service. The home is in need of repairs and updates, but will be a great starting point for someone looking for a peaceful place to make their own!

1720 Bear Creek Rd, Collinwood

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

38450 Homes under $400,000

Newest 38450 Homes under $400,000

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