Norton, OH is an attractive place to invest in housing due to its relatively low median value of $198,800 compared to the US house median value of $338,100. The appreciation rate for housing in Norton has also been more than the national average, with a 1 year appreciation rate of 11.05% compared to 8.27% across the US. With these factors combined, it is clear why Norton is becoming increasingly popular as a destination for people looking to purchase or invest in real estate.
The median home cost in Norton is $198,800. Home appreciation the last 10 years has been 77.9%. Home Appreciation in Norton is up 14.6%.
Average Age of Homes
- The median age of Norton real estate is 54 years old
The Rental Market in Norton
- Renters make up 13.1% of the Norton population
- 0.0% of houses and apartments in Norton, 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.