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NORTON, VA 24273

Real Estate Market Report  ·  Wise County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
23
⇧ 21.1% vs 19 last year
Pending
4
17% pending ratio
Median Price
$159,950
⇧ 13.4% vs $140,998 last year
Average Price
$182,735
⇧ 15.7% vs $157,916 last year
Days on Market
111
⇩ 27.5% vs 153 days last year

Market Context

Population: 6,004  ·  Density: 35.9/mi²  ·  Median household income: $38,396

Typical home value: $100,192  ·  Homeownership: 60.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NORTON, VA real estate market (24273) currently shows 23 active listings, with 4 pending sales. Homes are averaging 111 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 111 days on market compared to 153 days last year.

The median listing price has risen 13.4% year-over-year, from $140,998 to $159,950.

Whether you are buying or selling in NORTON, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 19 last year
  • Days on market: 111 now vs 153 last year

Median & Average Pricing

Year over Year
  • Median: $159,950 (+13.4% YoY)
  • Average: $182,735 (+15.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.7 miles — 88 listings ($17,118,672 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24273Norton, VA 242730.0 mi23$4,202,905$159,950$182,735
24216Appalachia, VA 242167.8 mi7$451,997$59,500$64,571
24279Pound, VA 2427910.1 mi6$802,200$124,999$133,700
24245Dungannon, VA 2424511.4 mi6$736,200$88,000$122,700
24250Fort Blackmore, VA 2425014.6 mi2$925,000$462,500$462,500
41838Millstone, KY 4183817.1 mi1$449,000$449,000$449,000
41855Thornton, KY 4185517.2 mi1$499,999$499,999$499,999
41537Jenkins, KY 4153718.2 mi5$1,324,915$234,500$264,983
40823Cumberland, KY 4082318.4 mi8$1,790,880$174,500$223,860
24244Duffield, VA 2424419.0 mi16$3,167,664$175,000$197,979
24271Nickelsville, VA 2427119.9 mi4$1,010,668$250,000$252,667
41832Letcher, KY 4183221.1 mi3$442,500$147,500$147,500
24226Clinchco, VA 2422621.7 mi6$1,314,744$112,500$219,124

Frequently Asked Questions

How many homes are for sale in NORTON, VA 24273?

As of January 2026, there are 23 active listings in NORTON, VA (zip code 24273), compared to 19 the prior year.

What is the median home price in NORTON, VA 24273?

The median listing price in NORTON, VA 24273 is $159,950 as of January 2026, a 13.4% increase from $140,998 the prior year.

How long do homes stay on the market in NORTON, VA?

Homes in NORTON, VA 24273 spend an average of 111 days on the market before going under contract, compared to 153 days the prior year.

Is it a seller's or buyer's market in NORTON, VA 24273?

Based on current inventory and days-on-market data as of January 2026, NORTON, VA 24273 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 111 days on market compared to 153 days last year.

How much can I save on real estate commission in NORTON, VA?

With SELL123.com's maximum 3% commission, sellers in NORTON, VA 24273 save an estimated $3,199 compared to a typical 5% commission on the median listing price of $159,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.