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Featured local agent — Norco, CA
Sarah Mitchell
Compass Real Estate · Norco, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Norco, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$960,000median sale price
How is the Norco, CA housing market right now?
The median home sale price in Norco, CA is $960,000, down 2.0% year-over-year. Homes sell in an average of 28 days with 50 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Norco a buyer's or seller's market?
Norco, CA is currently a seller's market, based on 3.8 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
28
Average pace
Active listings
50
3.8 months supply
Sale-to-list
101.9%
Above asking
What does the Norco housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $960,000 |
| Median list price | $1.01M |
| Year-over-year price change | -2.0% |
| Average days on market | 28 days |
| Active inventory | 50 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 101.9% |
| Median price per sq ft | $471/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 19 |
| Listings with a price cut | 34.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Norco by property type?
How the Norco, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $960,000 | $471/sq ft | 13 | 28 days |
Source: Redfin · Updated monthly
The Norco housing market is currently classified as a seller's market with a median sale price of $960,000. Prices have fallen 2.0% compared to last year, with homes spending an average of 28 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Norco
There are currently 50 homes listed for sale in Norco, California. The median listing price is $1.0M.
Active listings
50
Homes on market
Median list price
$1.0M
Avg. days on market
28
Days until sale
New this week
19
Newly listed
Who lives in Norco?
Population
25,211
Median income
$125,117/yr
Median age
41 years
Owner-occupied
81.8%
College grads
21.0%
Avg commute
34.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Norco?
Zillow home value
$922,631
Zillow rent index
$3,100/mo
Price-to-rent ratio
24.8x
Price-to-income
7.4x
Source: Zillow Research
What is it like to live in Norco?
Norco is a community of approximately 25K residents with a median age of 41 years.The median household income is $125,117, which reflects a relatively affluent area with strong earning potential. 21.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 81.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Norco offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Norco?
10 schools tracked · 6,795 students
The largest public schools serving Norco, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Norco High
Grades 9-12 · 2,026 students
George Washington Elementary
Grades K-6 · 846 students
Norco Intermediate
Grades 7-8 · 741 students
John F. Kennedy High
Grades 9-12 · 689 students
Norco Elementary
Grades K-6 · 602 students
Academy of Innovation
Grades K-12 · 588 students
Highland Elementary
Grades K-6 · 567 students
Sierra Vista Elementary
Grades K-6 · 363 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Norco, CA?
Want a head-to-head view? Compare Norco side-by-side with any other U.S. city using our market-comparison tool.
Is Norco a good real estate investment market?
For investors evaluating Norco, the price-to-rent ratio of 24.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Norco's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Norco's median home price.
Frequently asked questions
What is the average home price in Norco?
The median home sale price in Norco is $960,000, down 2.0% from last year.
How long do homes stay on market in Norco?
Homes typically spend 28 days on market before going under contract.
What is the median income in Norco?
The median household income is $125,117 per year.
Is Norco a buyer's or seller's market?
With 3.8 months of supply, Norco is currently a seller's market.
What is the Zillow home value estimate for Norco?
The Zillow Home Value Index (ZHVI) for Norco is $922,631, representing the typical home value in the area.
How much does a single-family home cost in Norco?
The median single-family home price in Norco, CA is $960,000 (about $471 per square foot).
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