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NORTON, VA 24273

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The NORTON, VA real estate market (24273) currently shows 24 active listings, with 8 pending sales. Homes are averaging 107 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 107 days on market compared to 141 days last year.

The median listing price has fallen 3.1% year-over-year, from $165,000 to $159,900.

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 Context

Market Context

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

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

Market Overview

Active Listings
24
⇧ 33.3% vs 18 last year
Pending
8
33% pending ratio
Median Price
$159,900
⇩ 3.1% vs $165,000 last year
Average Price
$182,501
vs $182,500 last year
Days on Market
107
⇩ 24.1% vs 141 days last year

Price Per Square Foot

Median $/sqft
$97
⇩ 7.6% vs $105/sqft last year
Median Home Size
1,600 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 18 last year
  • Days on market: 107 now vs 141 last year

Median & Average Pricing

Year over Year
  • Median: $159,900 (-3.1% YoY)
  • Average: $182,501 (+0% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.3 miles — 93 listings ($16,611,274 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24273Norton, VA 242730.0 mi23$4,246,559$155,550$184,633
24216Appalachia, VA 242167.8 mi9$483,750$52,750$53,750
24279Pound, VA 2427910.1 mi5$668,415$124,999$133,683
24245Dungannon, VA 2424511.4 mi5$562,625$88,000$112,525
41858Whitesburg, KY 4185816.5 mi6$855,480$169,900$142,580
41855Thornton, KY 4185517.2 mi1$499,999$499,999$499,999
41537Jenkins, KY 4153718.2 mi5$1,398,900$350,000$279,780
40823Cumberland, KY 4082318.4 mi8$1,565,736$142,250$195,717
24244Duffield, VA 2424419.0 mi17$3,489,216$175,000$205,248
24271Nickelsville, VA 2427119.9 mi4$996,000$250,000$249,000
41832Letcher, KY 4183221.1 mi3$442,500$147,500$147,500
24226Clinchco, VA 2422621.7 mi6$1,350,594$112,500$225,099
24237Dante, VA 2423722.3 mi1$51,500$51,500$51,500

Frequently Asked Questions

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

As of March 2026, there are 24 active listings in NORTON, VA (zip code 24273), compared to 18 the prior year.

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

The median listing price in NORTON, VA 24273 is $159,900 as of March 2026, a 3.1% decrease from $165,000 the prior year.

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

Homes in NORTON, VA 24273 spend an average of 107 days on the market before going under contract, compared to 141 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 March 2026, NORTON, VA 24273 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 107 days on market compared to 141 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 $3,198 compared to a typical 5% commission on the median listing price of $159,900. 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.