Norris Arm South, Newfoundland and Labrador, Canada
As of August 12, 2026, the median asking price in Norris Arm South is $179,450, across 8 active MLS® listings.
Those listings have been on the market an average of 252 days.
Asking prices work out to about $112 per square foot, based on the 4 listings that report floor area.
Norris Arm South is a small, quiet residential area on the sheltered waters of Notre Dame Bay, oriented around detached homes on larger lots, shoreline views, and a strong outdoors and boating/fishing lifestyle. The community skews older with many long-time residents and some seasonal/second-home ownership, and day-to-day life is car-dependent with limited walkable retail. Amenities are primarily local (community services, small nearby convenience needs), while most broader shopping, healthcare, and employment services are accessed by driving to larger centres in the region.
Real estate is dominated by single-family houses and cottages with comparatively low entry prices versus major Canadian markets, but also thinner buyer demand and longer selling times. Rental demand is typically stable but modest, driven by local workers, households seeking lower-cost housing, and occasional short-term/seasonal stays; purpose-built rentals are limited, so returns depend heavily on acquiring a well-maintained home at the right price. Market trends generally reflect rural Newfoundland dynamics: steady-to-moderate appreciation over longer periods with year-to-year variability, and investment outcomes are most sensitive to property condition, heating/insurance costs, and the ability to attract reliable tenants in a small market.
Norris Arm South currently has 15 active listings with a median asking price of $159,900 and an average of $163 per sq ft, giving buyers a clear view of current pricing in the neighbourhood. Homes are taking an average of 151 days on market, suggesting a slower pace that can support negotiation leverage, while 3 new listings in the past 30 days point to steady but limited fresh inventory for investors tracking supply.
The median asking price in Norris Arm South is $179,450, across 8 active MLS® listings as of August 12, 2026. The average asking price is $219,825. These are list prices on homes currently for sale, not sale prices.
There are 8 active MLS® listings in Norris Arm South as of August 12, 2026.
Homes currently listed in Norris Arm South have been on the market an average of 252 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.