Foreclosure Homes in Norcross, GA

Current Market Conditions in Norcross, GA

The Norcross real estate market has been active, with a steady increase in home values over the past year. More families and individuals are drawn to the area due to its affordability compared to nearby Atlanta. The demand for homes continues to rise, especially among first-time buyers looking for starter homes or investment properties.

Currently, the market has seen a shift where inventory is slightly lower than previous years, which has created a competitive environment for buyers. Homes in desirable neighborhoods are often receiving multiple offers, indicating a strong demand. As remote work persists, more people are searching for suburban living, hence contributing to Norcross's appeal.

Rent Prices In Norcross, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norcross, GA, is on a rollercoaster ride. The average rent price in Norcross, GA, is $1,489.00. Indeed, when looking to rent in Norcross, GA, you can expect to pay as little as $650.00 or as much as $3,740.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Norcross, GA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.