Commercial Real Estate Market in Norris, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 17 off-market properties in Norris, TN.
Market Trends
Norris, TN spans 3.2 square miles in Anderson County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Norris, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Norris, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Norris, TN runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Norris, TN asks $145/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 57.3%
- Residential 27.7%
- Mixed use 9.1%
- Commercial 3%
- Civic 1.9%
- Industrial 1%
Largest Zones share of zoned land by district
Watershed District
Forest And Agricultural
Low Density Residential
Scenic Highway District
General Commercial District
Norris, TN zones 5,335 acres across 9 districts. Commercial zoning covers 3% of zoned land, residential 27.7%, open space 57.3% and industrial 1%. The largest single district is Watershed District at 57.3%. For commercial buyers the practical constraint is that only 4% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
Low Density ResidenƟal District R-1 High Density ResidenƟal District R-2 Central Commercial District C-1 General Commercial District C-2 Light Industrial District I-1 Professional and Civic District P-1 Scenic Highway District S-1 Scenic (2) Highway District S-2 14-302. Zoning Map. The locaƟon and boundaries of the zoning districts established by this ordina…
Market overview
Demographics & Economy
Norris, TN has 1,458 residents in 791 households. Density runs 455 people per square mile. Median household income here is $74,698 and median gross rent $1,072 a month.
1,458
Population
791
Households
1.8
Avg Household Size
50
Median Age
56%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
455
Density / Sq Mi
$74,698
Median Household Income
$39,167
Median Earnings
$1,072
Median Rent
$307,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Andersonville | — | — |
| Lake City | — | — |
| Heiskell | — | — |
| Briceville | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Norris?
Norris, TN zones 5,335 acres across 9 districts, of which 3% is commercial and 1% industrial. The largest single district is Watershed District at 57.3% of zoned land. Residential zoning covers 27.7% and open space 57.3%.
Where does Realmo's Norris market data come from?
Realmo compiles Norris, TN figures from 2 recent recorded sales, 1 active sale listings, 1 active lease listings, 17 tracked off-market properties, the current Norris zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 1 active for-lease listings in Norris, TN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 5,335 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
