Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norton area can be challenging. Home prices in Norton are now at a median cost of $94,027, lower than the Virginia average of $323,261.
The average cost of rent is $492/mo in Norton, primarily driven by the current value of real estate in the Norton area. While nearly 62.47% of residents own their homes outright in Norton, 30.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norton is $3,556 per month. Households that rent pay about 13.83% of their income on rent here. Norton's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Stephens, VA: less expensive homes
- Wise, VA: equally priced homes
- Lipps, VA: less expensive homes
- Tacoma, VA: higher priced homes
- Stonega, VA: less expensive homes
- Cracker Neck, VA: less expensive homes
- Big Stone Gap, VA: higher priced homes
- Appalachia, VA: less expensive homes
- Coeburn, VA: higher priced homes
- Irondale, VA: higher priced homes
Cities with Similar Populations
- Northvale, NJ: higher priced homes
- Oakboro, NC: higher priced homes
- Oak View, CA: higher priced homes
- Oak Park Heights, MN: higher priced homes
- Oak Hill, TN: higher priced homes
- Nyssa, OR: higher priced homes
- Nowthen, MN: higher priced homes
- Novelty, OH: higher priced homes
- Nottingham, PA: higher priced homes
- Nottingham, NH: higher priced homes
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