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

ZipMedian Est. Value
92860

$ 935,560

$ 453/sqft

Housing Market Summary for Norco, CA

Mar 2023February 2024Change
Median Listing Price$975K$818.9K-16.01%
Median Sold Price$786.1K$818.9K4.17%
Homes For Sale4122-46.34%
Homes Sold242230-4.96%
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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%.

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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.

Foreclosure
There is 1 zips within Norco, CA; within this zips, the median estimated home value for homes in foreclosure ranges from $1,293,250 in 92860 to the lowest value of $633,250 in 92860. Foreclosure homes account for 0.00% of properties in Norco, CA with 92860 containing 11 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    92860 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Norco, CA with 92860 containing 22 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Norco, CA; homes for sale in that zips, have a range of median values from $1,150,000 in 92860 to the lowest value of $639,000 in 92860.
    Sold Homes
    The median value for recently sold homes ranges from $3,034,288 in 92860 to the lowest price of $219,274 in 92860. There is 1 zips within Norco, CA. 92860 has 227 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.35% of properties in Norco, CA.

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      Guide for Norco, CA

      RealtyTrac Market Report
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      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
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      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      See More Articles
      RealtyTrac Market Report
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California|posted 8 December 2023

      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.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Anaheim Property Trends: Slow but Steady Uptick in Home Values – Mar 2024
      California|posted 6 March 2024

      Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Recently Listed Homes Norco, CA

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