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Foreclosure Homes in Norton, VA

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Norton, VA Foreclosures

How much do homes sell for in Norton, VA?
The average home price is currently $178,688.
In Norton, VA, how many homes are available?
There are currently 4 active home listings available in Norton.
What’s the average rental cost in Norton, VA?
The average rental price in Norton is $844.
What is the most expensive home in Norton?
The most expensive home sold in Norton had a price of $8,657,183.
What is currently the cheapest priced home in Norton, VA?
The cheapest home for sale in Norton is priced at $10,040.

Living in Norton, VA

Norton, Virginia, is a charming small town nestled in the Appalachian Mountains, known for its close-knit community and rich coal mining history. With beautiful mountain views and a variety of outdoor activities, it offers a serene lifestyle. Local amenities, including parks, shops, and restaurants, make it a convenient place to live while providing easy access to larger cities for more extensive services.

Current Market Conditions in Norton, VA

Norton has seen a slight increase in home prices over the past year, reflecting a growing interest in the area due to its natural beauty and community-oriented lifestyle. The real estate market remains relatively stable, with a good number of homes available for both purchase and rent.

Properties in Norton tend to be more affordable compared to larger urban areas in Virginia, making it an attractive option for first-time homebuyers and retirees looking for a quiet place to settle down.

Home Value Estimator For Norton, VA

There are currently 2,158 real estate properties in Norton, VA, with a median automated valuation model (AVM) price of $115,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norton, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Norton, VA, is $178,688.00, with the most expensive house in Norton, VA, topping out at $8,657,183.00 and the cheapest home in Norton, VA, clocking in at $10,040.00. In other words, there’s something for every potential homebuyer or savvy investor in Norton, VA!

Rent Prices In Norton, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norton, VA, is on a rollercoaster ride. The average rent price in Norton, VA, is $844.00. Indeed, when looking to rent in Norton, VA, you can expect to pay as little as $470.00 or as much as $2,160.00, with the average rent median estimated to be $770.00. The good news is that finding an affordable and desirable property to rent in Norton, VA -- 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.

Norton, VA Foreclosures


Market Trend for Norton, VA

Total Listings Available: 4

Market Values:

Home Prices from $10,040 to $8,657,183

Average Sales Price: $178,688

Rental Values:

Rental from $470 to $2,160

Average Rent Value: $844 / month

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