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Sarah Mitchell

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Compass Real Estate · Norris, SC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Norris, SC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Norris, SC Housing Market

Seller's market
Redfin, through March 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $251,750 (through May 2026). With 0.5 months of supply and homes going under contract in about 78 days, Norris is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $251,750 home is about $1,344/mo in principal and interest.

Key numbers for Norris, SC

Median sale price

$251,750

Last published period

Redfin, through March 2026

Days on market

78

Slow-moving

Redfin, through March 2026

Active listings

1

0.5 months of supply

Redfin, through March 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$51,750

Home costs 4.9x income

U.S. Census ACS, 2023

Sale-to-list ratio

96.7%

Selling below asking

Redfin, through March 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Norris a buyer's or seller's market?

Seller's market0.5 months of supply78 days on market96.7% of asking

Norris, SC is a seller's market, based on 0.5 months of supply and homes selling in about 78 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Norris housing market data show?

Every row below is Redfin's final published month for Norris, SC. Redfin, through March 2026

Housing market statistics for Norris, SC, Redfin through May 2026
MetricValue
Median sale price$251,750
Median price per sq ft$173/sq ft
Median days on market78 days
Active inventory1 listings
Months of supply0.5 months
Sale-to-list price ratio96.7%
Homes sold (that month)2
Listings with a price cut100.0%
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Norris is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Norris is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Norris home prices moved?

Across the 19 months we hold for Norris, SC, the median sale price fell 5.4%, from $266,000 in August 2021 to $251,750. 100.0% of Norris listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 0.5 months while the sale-to-list ratio slips below its current 96.7%. Watch those two together — they move before the median does.

Redfin, through March 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Norris?

Priced off the median sale price of $251,750 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Norris, SC
Down paymentCash at closeLoan amountMonthly P&I
20%$50,350$201,400$1,344/mo
5%$12,588$239,163$1,596/mo

Redfin, through March 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,344, that implies roughly $57,599 a year before you add taxes and insurance. The median household in Norris earns $51,750, about $5,849 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 4.9x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Norris in the next 12 months?

Tell us your timeline. We send the Norris market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Norris?

Zillow does not publish a rent index (ZORI) for Norris, SC, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Norris?

Active listings in Norris, SC went from 2 in October 2021 to 1 in March 2026, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Norris, SC
MonthActive listingsNew listings
February 202233
March 202231
April 202233
May 20223not published
June 20222not published
September 202242
October 20223not published
December 202241
March 202331
April 202311
May 20231not published
March 20261not published

Redfin, through March 2026

How does Norris compare to South Carolina and the U.S.?

Norris homes sell for $251,750 — 36% below the South Carolina median of $394,000. Against the national median of $410,700, Norris runs 39% lower.

Norris, SC compared with South Carolina and the United States
MarketMedian sale priceYoYDays on market
Norris, SC$251,750not published78 days
South Carolina statewide$394,000+1.2%72 days
United States$410,700not publishednot published

City and state rows: Redfin, through March 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Norris

What buyers should watch

  • Months of supply, currently 0.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 100.0%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $252 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $251,750 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Norris listing goes under contract in 78 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 96.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • Comparable ZIP-level pricing inside Norris varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Norris

There are currently 1 homes listed for sale in Norris, South Carolina.

Active listings

1

Homes on market

Avg. days on market

78

Days until sale

Price drops:100.0%of listings
Sale-to-list:96.7%

How much do homes cost in Norris by property type?

How the Norris, SC market breaks down across single-family homes, condos and townhouses. Redfin, through March 2026

Median price, price per square foot, homes sold and days on market by property type in Norris, SC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$251,750$173/sq ft278 days

Who lives in Norris?

American Community Survey estimates for Norris. U.S. Census ACS, 2023

Population

838

Households

317

Median income

$51,750/yr

Median age

46.5 years

Owner-occupied

79.2%

Median home value

$160,900

Median gross rent

$696/mo

Mean commute

29.4 min

79.2% of occupied homes in Norris are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Norris, SC?

Ordered by distance from Norris, not by size. Compare Norris side by side with any of them.

Norris housing market FAQ

Is Norris a buyer's or seller's market?

Norris, SC is currently a seller's market. That read comes from 0.5 months of supply, homes going under contract in about 78 days, and sellers getting 96.7% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Norris?

The median sale price in the last month Redfin published was $251,750, about $173 per square foot.

Is Norris cheaper than the rest of South Carolina?

Norris's median sale price of $251,750 is 36% lower than the South Carolina statewide median of $394,000, and 39% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Norris?

Homes in Norris, SC spent a median of 78 days on market before going under contract, versus 72 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Norris?

At the current 30-year fixed rate of 7.03%, 20% down on a $251,750 home is about $1,344 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $57,599 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $51,750.

Are home prices rising in Norris?

We do not hold a complete 12-month value series for Norris, SC yet, so we are not going to call a direction. The price chart above shows every period we do have.

What are the cheapest ZIP codes in Norris?

Norris ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Norris?

That depends on your timeline, not on a headline. What the data says today: Norris, SC is a seller's market with 0.5 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $251,750, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.