Homes for Sale Norco CA: With 26,610 people, 7,152 houses or apartments, and a median cost of homes of $649,031, real estate costs in Norco are among some of the highest in the nation, although house prices here don’t compare to real estate prices in the most expensive California communities.
Norco is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Norco than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Norco. Owner-occupied housing accounts for 73.44% of Norco’s homes, and 72.01% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Norco built from 1970 to 1999 so parts of town may have that “Brady Bunch” look of homes popular in the ’70s and early ’80s, although some of these houses were built up through the early ’90s as well. There is also a lot of housing in Norco built between 1940-1969 ( 34.28%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.44%). There’s also some housing in Norco built before 1939 ( 2.76%).
NORCO HOME APPRECIATION RATES
In the last 10 years, Norco has experienced some of the highest home appreciation rates of any community in the nation. Norco real estate appreciated 74.53% over the last ten years, which is an average annual home appreciation rate of 5.73%, putting Norco in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Norco definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout’s data show that during the latest twelve months, Norco’s appreciation rate, at 4.80%, has been at or slightly above the national average. In the latest quarter, Norco’s appreciation rate has been 1.27%, which annualizes to a rate of 5.19%.
Relative to California, our data show that Norco’s latest annual appreciation rate is higher than 70% of the other cities and towns in California.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Norco differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Norco – or in any city or town – that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Norco real estate investment or home purchase decisions.
This information provided to you by https://www.neighborhoodscout.com/ca/norco/real-estate#description
Find real estate for sale in Norco and surrounding areas by selecting from our results below, or by entering your search criteria.
Newest Listings on the Market!
Sorry we are experiencing system issues. Please try again.
Norco, CA Homes for Sale 100K – 200K
Norco, CA Homes for Sale 200K – 300K
Norco, CA Homes for Sale 300K – 400K
Norco, CA Homes for Sale 400K – 500K
Norco, CA Homes for Sale 500K – 600K
Norco, CA Homes for Sale 600K – 700K
Norco, CA Homes for Sale 700K – 800K
Norco, CA Homes for Sale 800K – 900K
Norco, CA Homes for Sale 900K – 1M