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Featured local agent — Norton, VA
Sarah Mitchell
Compass Real Estate · Norton, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Norton, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$200,000median sale price
How is the Norton, VA housing market right now?
The median home sale price in Norton, VA is $200,000, up 26.5% year-over-year. Homes sell in an average of 60 days with 18 active listings. The market is currently a buyer'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 Norton a buyer's or seller's market?
Norton, VA is currently a buyer's market, based on 18.0 months of supply and homes selling in about 60 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
60
Average pace
Active listings
18
18.0 months supply
Sale-to-list
87.3%
Below asking
What does the Norton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $200,000 |
| Median list price | $150,000 |
| Year-over-year price change | +26.5% |
| Average days on market | 60 days |
| Active inventory | 18 listings |
| Months of supply | 18.0 months |
| Sale-to-list price ratio | 87.3% |
| Median price per sq ft | $123/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 44.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Norton by property type?
How the Norton, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $200,000 | $123/sq ft | 1 | 60 days |
Source: Redfin · Updated monthly
The Norton housing market is currently classified as a buyer's market with a median sale price of $200,000. Prices have risen 26.5% compared to last year, with homes spending an average of 60 days on market, indicating 18.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Homes for sale in Norton
There are currently 18 homes listed for sale in Norton, Virginia. The median listing price is $150K.
Active listings
18
Homes on market
Median list price
$150K
Avg. days on market
60
Days until sale
New this week
3
Newly listed
Who lives in Norton?
Population
3,620
Median income
$38,497/yr
Median age
41.1 years
Owner-occupied
52.3%
College grads
16.6%
Avg commute
16.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Norton?
Zillow home value
$119,256
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Norton?
Norton is a community of approximately 4K residents with a median age of 41.1 years.The median household income is $38,497, which represents a working-class community with solid middle-income opportunities. 16.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 52.3%, showing a blend of owner and renter-occupied properties. The average commute time is 16.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Norton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Norton?
3 schools tracked · 1,470 students
The largest public schools serving Norton, VA 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.
Central High
Grades 9-12 · 663 students
Norton Elementary
Grades PK-7 · 491 students
J.I. Burton High
Grades 8-12 · 316 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 Norton, VA?
Want a head-to-head view? Compare Norton side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Norton?
The median home sale price in Norton is $200,000, up 26.5% from last year.
How long do homes stay on market in Norton?
Homes typically spend 60 days on market before going under contract.
What is the median income in Norton?
The median household income is $38,497 per year.
Is Norton a buyer's or seller's market?
With 18.0 months of supply, Norton is currently a buyer's market.
What is the Zillow home value estimate for Norton?
The Zillow Home Value Index (ZHVI) for Norton is $119,256, representing the typical home value in the area.
How much does a single-family home cost in Norton?
The median single-family home price in Norton, VA is $200,000 (about $123 per square foot).
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