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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!

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Statistics & 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

Andrea D. Conner, License 58662-90, Xome Inc., License 937286-91, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Information is supplied by seller and other third parties and has not been verified. This IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing. Copyright 2025 - Wisconsin Real Estate Exchange. All Rights Reserved Information is deemed reliable but is not guaranteed


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