The housing market in Norco, LA (zip code 70079) is currently very strong. According to recent figures, the median value of a home in Norco is $192,500, which is much lower than the national median value of $338,100. Over the past year, housing values have appreciated by 9.06%, which is slightly higher than the national appreciation rate of 8.27%. This indicates that there has been strong demand for homes in Norco over the last year. All signs point to this being an excellent time to either buy or sell a home in this area.
The median home cost in Norco (zip 70079) is $192,500. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Norco (zip 70079) is up 12.3%.
Average Age of Homes
- The median age of Norco (zip 70079) real estate is 57 years old
The Rental Market in Norco (zip 70079)
- Renters make up 15.8% of the Norco (zip 70079) population
- 2.5% of houses and apartments in Norco (zip 70079), 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.