Norris—37828
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Norris
Home Price Trends — Norris
As of Nov '25, the median home price in Norris is $365,000, with a year-over-year change of 5.9%. This indicates that home prices in Norris are increasing. According to Zillow, the 1-year price projection is 4.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $365,000 | 5.9% |
| Single Family | $372,000 | 5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Norris
Norris lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $2,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,050 | $2,050 |
% of Rental Stock
Property Listings — Norris
As of Nov '25, Realtor.com reports that the median days on market for a home in Norris is 124. This is a increase of 81.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $392,000 | -10.0% |
Listing Count | 6 | 0.0% |
| Listings as % of Homes | 0.6% | 0.0% |
Days on Market | 124 | 81.0% |
Demographics — Norris
As of the latest ACS Survey released in 2023, Norris has a population of 1,350, which has increased by 6.6% over the past 5 years. Norris is a less popular place for families, as children make up 7.9% of the population. The area has a highly educated workforce, with 56.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,350 | 6.6% |
% Under 18 | 7.9% | -62.2% |
% Seniors | 43.7% | 76.2% |
% WFH | 10.7% | 365.2% |
% w/ College Degree | 56.1% | 8.9% |
As of the latest ACS Survey released in 2023, Norris is a predominantly white area, with 93.2% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Norris is hispanic, making up 2.1% of the population. Foreign-born residents account for 2.8% of the population in Norris, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.2% | -0.7% |
% Black | 0.1% | -66.7% |
% Hispanic | 2.1% | -22.2% |
% Asian | 0.8% | 300.0% |
% Foreign Born | 2.8% | -33.3% |
Mortgage and Risk — Norris
Norris lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Norris
Norris lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 49 |
Total Units Section 8 | 49 |
% Rentals under Section 8 | 29.7% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,130 |
| 2 Bedroom | N/A | N/A | $1,380 |
| 3 Bedroom | N/A | N/A | $1,770 |
| 4 Bedroom | $30 | $2,050 | $2,080 |
Affordability — Norris
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $365,000 |
| Median Household Income | $74,700 |