Norris, TN

Buyer's market+122.9% YoY

Housing market overview · Updated weekly

$780,000median sale price

Homes sold

1

Last 12 weeks

Days on market

83

Average pace

Active listings

7

7.0 months supply

Sale-to-list

97.5%

Below asking

The Norris housing market is currently classified as a buyer's market with a median sale price of $780,000. Prices have risen 122.9% compared to last year, with homes spending an average of 83 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Norris

There are currently 7 homes listed for sale in Norris, Tennessee. The median listing price is $500K.

Active listings

7

Homes on market

Median list price

$500K

Avg. days on market

83

Days until sale

New this week

1

Newly listed

Price drops:14.3%of listings
Sale-to-list:97.5%

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Frequently asked questions

What is the average home price in Norris?

The median home sale price in Norris is $780,000, up 122.9% from last year.

How long do homes stay on market in Norris?

Homes typically spend 83 days on market before going under contract.

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

With 7.0 months of supply, Norris is currently a buyer's market.

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