The housing median value in 24273 Norton, VA is $100,200, which is substantially lower than the US House Median Value of $338,100. Despite this discrepancy in pricing, the appreciation rate for housing in 24273 Norton has been higher than the national average at 18.69%, compared to 8.27% across the United States. This shows that housing within 24273 Norton is still a great investment despite its lower initial cost when compared to other areas in the country.
The median home cost in Norton (zip 24273) is $100,200. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Norton (zip 24273) is up 22.5%.
Average Age of Homes
- The median age of Norton (zip 24273) real estate is 43 years old
The Rental Market in Norton (zip 24273)
- Renters make up 34.8% of the Norton (zip 24273) population
- 1.7% of houses and apartments in Norton (zip 24273), 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.