Norton VA Commercial Properties For Sale
The median home value in Norton, VA is $103,100. This is lower than the county median home value of $106,500. The national median home value is $338,100. The average price of homes sold in Norton, VA is $103,100. Approximately 47.70% of Norton homes are owned, compared to 37.81% rented, while 14.49% are vacant. Norton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Norton real estate agent to arrange a tour today!
Learn More About Norton Real EstateStatistics & facts
3,696
Population
$103K
Medium Home Value
1,540
# of Households
14.49%
Housing Vacancy
28.51%
Future Job Growth
3.70%
Unemployment Rate
For Sale
$70,000
6,160
sqft
730 NE Virginia Avenue
Norton, VA 24273
Listing Courtesy of: Brenda Hill - Appalachian Realty Executives, LLC 276-523-2635
For Sale
$375,000
5,828
sqft
629 NW Park Avenue
Norton, VA 24273
Listing Courtesy of: riegeview.homesforyou@gmail.com Virginia Roberts - Ridgeview Real Estate 276-328-0055
For Sale
$649,000
4,000
sqft
130 Progress Way
Norton, VA 24273
Listing Courtesy of: riegeview.homesforyou@gmail.com Virginia Roberts - Ridgeview Real Estate 276-328-0055
For Sale
$684,000
5405 Misty Springs Road
Norton, VA 24273
Listing Courtesy of: Amy Hubbard - Century 21 Bennett & Edwards 276-328-0034
For Sale
$339,000
10,000
sqft
600 NE Park Avenue
Norton, VA 24273
Listing Courtesy of: Amy Hubbard - Century 21 Bennett & Edwards 276-328-0034
For Sale
$425,000
19,345
sqft
702 NW Park Avenue
Norton, VA 24273
Listing Courtesy of: Amy Hubbard - Century 21 Bennett & Edwards 276-328-0034
For Sale
$165,000
7,248
sqft
508 NW Park Avenue
Norton, VA 24273
Listing Courtesy of: Chris Ward - Century 21 Bennett & Edwards 276-328-0034
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Population
Norton has a population of approximately 3,696 and experiences a population change rate of -5.33%. The population density is 494.3 / sq mi.
Household
The median household income for Norton is $35,592, with 1,540 households and an average household size of 2.36.
Cost of Living
The cost of living index in Norton is 73.3%.
Home Value
The median value of a home in Norton is $103,100 with an appreciation rate of 22.5%. 47.7% of housing in the city is owned while 37.8% is rented.
Employment
The unemployment rate in Norton is 3.70%, and recent job growth is at 1.17%. Future job growth is projected at 28.51%.
Taxes
The sales tax rate in Norton is 5.30%, while the income tax rate is 5.75%.
Education
School expenditures in Norton are $10,692, and the school ratio is 11:1.
Weather
The average high temperature in July is 80.4 degrees, with an average low temperature in January of 22.3 degrees. The average rainfall is approximately 47.5 inches per year, with 36.1 inches of snow per year.
Education near Norton VA
| Metric | City | County |
|---|---|---|
| High School Graduates | 88.75 | 88.75 |
| College Degree - 2 year | 8.63 | 8.63 |
| College Degree - 4 year | 21.87 | 21.87 |
| Graduate Degree | 8.25 | 8.25 |
| Expenditures per Student | $10,692 | $10,692 |
| Students per Teacher | 11.00 | 11.00 |
Elementary Schools near Norton VA
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Appalachia Elementary School | PK - 08 | 334 | 12.8 | 24216 |
| J.W. Adams Combined | PK - 08 | 566 | 13.2 | 24279 |
| Norton Elementary School | PK - 07 | 526 | 14.8 | 24273 |
| Powell Valley Primary School | PK - 04 | 657 | 16 | 24219 |
| Wise Primary School | PK - 04 | 691 | 16.1 | 24293 |
Middle Schools near Norton VA
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| L.F. Addington Middle | 05 - 08 | 474 | 13.9 | 24293 |
| Powell Valley Middle School | 05 - 08 | 502 | 13.6 | 24219 |
High Schools near Norton VA
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Central High | 09 - 12 | 697 | 17.5 | 24273 |
| J.I. Burton High | 08 - 12 | 313 | 13.6 | 24273 |
| Union High | 09 - 12 | 654 | 16.2 | 24219 |
Ungraded Schools near Norton VA
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Regional Learning Academy/Wise County | UG - UG | 0 | null | 24293 |
| Wise County Alternative Ed. Center | UG - UG | 0 | null | 24293 |
| Wise County Career-Technical Center | UG - UG | 0 | null | 24293 |
