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Norton, VA Home Values and Rents

The typical home value in Norton is $124,449, 357th highest of 367 cities and towns in Virginia. Median rent is $692 a month.

Typical home value
$124,449
357th of 367 in VA
Median rent
$692/mo
ACS 2020-2024
Price change, 1 year
-3.5%
Sep 2026
Homeownership
50.0%
VA: 67.3%

Typical home value in Norton

Zillow Home Value Index, all homes, middle tier

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PeriodNorton
Sep 2026$124,449
Dec 2025$122,690
Dec 2024$129,706
Dec 2023$123,270
Dec 2022$117,473
Dec 2021$109,536
Dec 2020$93,479
Dec 2019$81,749
Dec 2018$80,940
Dec 2017$80,305
Dec 2016$78,838
Dec 2015$77,447
Dec 2014$82,433
Dec 2013$82,593
Dec 2012$91,228

Over five years, Norton prices changed +18.9%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

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#ZIP codeMedian valueMedian rent1-year5-year
124273$109,300$696-8.0%-7.5%

Fair Market Rents, FY2027

HUD rent standard for Wise County-Norton city, VA HUD Nonmetro FMR Area

VA rents
Unit sizeMonthly rentvs FY2026
Studio$717+3.6%
1 bedroom$722+3.6%
2 bedrooms$943+3.2%
3 bedrooms$1,262+4.7%
4 bedrooms$1,460+2.2%

Frequently asked questions

What is the typical home value in Norton, VA?
The typical home value in Norton is $124,449 (Zillow Home Value Index, Sep 2026). The Virginia median is $383,700.
How much is rent in Norton?
The median rent in Norton is $692 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $943.
Are home prices going up in Norton?
The typical home value in Norton changed -3.5% over one year and +18.9% over five years, as of Sep 2026.
How does Norton compare with the rest of Virginia?
Norton has the 357th highest median home value of 367 cities and towns with 1,000+ residents in Virginia.
Which ZIP code in Norton has the highest home values?
ZIP code 24273 has the highest median home value at $109,300.