Home Values

Norton Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$127,300

  • 3.7% 1-year change
  • 1.3% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold

Buyers' Market
Sellers' Market

The median home value in Norton is $127,300. Norton home values have gone up 3.7% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in Norton is $75, which is lower than the Akron Metro average of $85. The median price of homes currently listed in Norton is $122,000 while the median price of homes that sold is $112,698.

Foreclosures will be a factor impacting home values in the next several years. In Norton 12.9 homes are foreclosed (per 10,000). This is lower than the Akron Metro value of 13.3 and also greater than the national value of 4.5

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Relative ZHVI
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Norton Market Overview

Data through Oct 31, 2014
  • $127,300 ZHVI
  • 1.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $122,000 Median listing price
  • $112,698 Median sale price
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Norton Market Health

Data through Oct 31, 2014
  • 1.1/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

12.9 homes Norton
13.3 homes Akron Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Montrose-Ghent $293,300
Fairlawn $163,300
Wadsworth $155,500
Name Median ZHVI
Doylestown $136,200
New Franklin $129,500
Clinton $114,500
Name Median ZHVI
Portage Lakes $101,900
Barberton $70,000
Akron $61,500

Listings & Sales

Data through Oct 31, 2014
  • $75 Median list price / sq ft
  • $87 Median sale price / sq ft
  • 37.3% Listings with price cut
38.6%
Sold below listing
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Norton Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,099 Norton
    $1,088 Akron Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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