Comprehensive market data and analysis• Updated Oct 2026
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 3 |
Acreage buckets
The median price for land in Norris, Tennessee is currently $74K per acre. For a typical parcel, the median sale price is $118K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $118K while premium lots reached $152K.
Norris, Tennessee is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Norris, Tennessee currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The current absorption rate in Norris, Tennessee is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Real Broker.
Land in Norris, Tennessee averages $63K per acre. The median price per acre is $74K, which may be more representative of typical transactions. Most parcels sold are around 1.6 acres.
There are currently 2 active listings in Norris, Tennessee. 2 new listings have hit the market in the last 90 days. The median asking price is $147K.
The 3-month absorption rate in Norris, Tennessee is 16.7%. The 12-month rate is 12.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Norris on LandyDandy.
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