Norco, CA Home Values & Market Trends
Real estate market trends reflect that there have been 239 transactions over the past year in Norco. The median value for residential home transactions that occurred over the previous year is $811,031.75. The number of current listings in Norco is 22, and the percentage of properties for sale in the city is 22.00%. Norco, CA currently has 11 properties in foreclosure, 2 bank owned properties, 5 properties headed for auction, and 22 properties for sale.
Norco, CA Real Estate Market Overview
Zip | Median Est. Value |
---|---|
92860 | $ 935,560 $ 453/sqft |
Housing Market Summary for Norco, CA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $975K | $818.9K | -16.01% |
Median Sold Price | $786.1K | $818.9K | 4.17% |
Homes For Sale | 41 | 22 | -46.34% |
Homes Sold | 242 | 230 | -4.96% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Norco, CA
Browse Homes in Norco, CA
Norco home values range from $130,063 to $3,050,005. The median estimated value of a home in Norco is $811,031.75. The median list price of a home is 824,999.5, and the total count of properties in the city is 6,775.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in Norco, CA with 92860 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Norco, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,253,000 in 92860 to the lowest home value of $680,420 in 92860.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Norco, CA ranges from the highest value of $1,038,450 in 92860 to the lowest value of $633,250 in 92860. Bank owned homes and properties account for 0.03% of properties in Norco, CA. There is 1 zips within Norco, CA; 92860 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92860 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Norco, CA. Auction homes and other auction properties account for 0.07% of all properties in Norco, CA. There is 1 zips within Norco, CA; of that zips, the median estimated home value for homes going to auction ranges from $1,293,250 in 92860 to the lowest value of $740,750 in 92860.
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Guide for Norco, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
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