Norton City County, VA Housing

Norton city, VA County is a great place to live and invest in property. The median value of housing in the area is $106,500 which is significantly lower than the US median house value of $338,100. Furthermore, the one-year house appreciation rate in Norton city, VA County stands at 12.84%, which is much higher than the national average of 8.27%. This makes it an ideal place for those looking to invest in a property with potential for rapid growth and high returns.

The median home cost in Norton City County is $106,500. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Norton City County is up 22.5%.

Average Age of Homes

- The median age of Norton City County real estate is 45 years old

The Rental Market in Norton City County

- Renters make up 42.0% of the Norton City County population
- 2.5% of houses and apartments in Norton City County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Norton City, Virginia	United States
	1,801.0	139,647,020.0
	48	42
	$106,500	$338,100
	22.5%	16.6%
	67.7%	57.0%
	78.0%	101.1%
	$7.74	$10.98
	$745	$2,690
	47.7%	57.4%
	14.5%	11.2%
	37.8%	31.4%
Vacant Housing
	2.5%	1.9%
	2.7%	0.4%
	1.6%	0.7%
	0.9%	0.4%
	0.0%	3.6%
	6.9%	4.1%
Value of Owner-Occupied Housing
	7.5%	2.6%
	1.9%	2.4%
	5.2%	2.8%
	29.0%	3.9%
	9.3%	4.5%
	17.2%	11.3%
	13.9%	13.0%
	11.1%	20.1%
	5.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.4%	13.6%
	6.4%	13.6%
	16.8%	13.6%
	15.4%	13.2%
	15.1%	14.8%
	16.8%	13.6%
	11.3%	10.0%
	6.7%	4.7%
	16.4%	12.2%

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