Housing in Norco, CA is significantly more expensive than the national median value, with a median house value of $746,000. This is more than double the US House Median Value of $338,100. Despite this, however, Norco has seen a higher rate of appreciation over the past year at 10.89%, almost 2% higher than the US House Appreciation of 8.27%. This suggests that despite its relatively high prices compared to the rest of the country, Norco's housing market is strong and may be a wise investment for those looking to purchase real estate in California.
The median home cost in Norco is $746,000. Home appreciation the last 10 years has been 124.2%. Home Appreciation in Norco is up 16.4%.
Average Age of Homes
- The median age of Norco real estate is 43 years old
The Rental Market in Norco
- Renters make up 21.5% of the Norco population
- 0.0% of houses and apartments in Norco, 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.