Norris, TN Housing

The housing market in Norris, TN is very strong. The median value of homes in Norris, TN is $384,300, which is substantially higher than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in Norris is 21.57%, much higher than the 8.27% appreciation rate seen across the US. This suggests that homes in Norris are increasing significantly more in value than the rest of the country. It appears to be a great time to invest in real estate in Norris, TN.

The median home cost in Norris is $384,300. Home appreciation the last 10 years has been 113.9%. Home Appreciation in Norris is up 26.8%.

Average Age of Homes

- The median age of Norris real estate is 55 years old

The Rental Market in Norris

- Renters make up 24.0% of the Norris population
- 2.0% of houses and apartments in Norris, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Norris, Tennessee	United States
	883.0	139,647,020.0
	54	42
	$384,300	$338,100
	26.8%	16.6%
	87.5%	57.0%
	113.9%	101.1%
	$6.74	$10.98
	$1,733	$2,690
	74.2%	57.4%
	6.2%	11.2%
	19.6%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.3%	2.4%
	3.7%	2.8%
	2.7%	3.9%
	2.7%	4.5%
	20.3%	11.3%
	7.6%	13.0%
	30.2%	20.1%
	10.7%	13.6%
	9.5%	8.3%
	11.6%	9.7%
	0.0%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.9%	13.6%
	15.9%	13.6%
	13.4%	13.6%
	6.2%	13.2%
	10.9%	14.8%
	13.4%	13.6%
	8.3%	10.0%
	7.7%	4.7%
	28.9%	12.2%

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Patrisha · Norris, TN

Best

Over 11 years ago

I moved here from Gatlinburg. That should be enough said other than Gatlinburg was a beautiful, sacred place. Now look at it. Living in Norris is like living in a state More

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