Housing in Norton, VA has seen significant appreciation over the past year. According to data, the median value of a house in Norton is $103,100 and the US median value is $338,100. Homes in Norton have appreciated by 18.69% compared to 8.27% nationally, making Norton an attractive place to buy a home. With this trend of increasing housing values, it's a great time for potential homeowners to consider investing in property in Norton.
The median home cost in Norton is $103,100. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Norton is up 22.5%.
Average Age of Homes
- The median age of Norton real estate is 45 years old
The Rental Market in Norton
- Renters make up 42.0% of the Norton population
- 2.5% 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.