There are currently 22,285 real estate properties in Norcross, GA, with a median automated valuation model (AVM) price of $350,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norcross, GA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Norcross, GA, is $417,890.00, with the most expensive house in Norcross, GA, topping out at $16,879,800.00 and the cheapest home in Norcross, GA, clocking in at $59,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Norcross, GA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norcross, GA, is on a rollercoaster ride. The average rent price in Norcross, GA, is $1,488.00. Indeed, when looking to rent in Norcross, GA, you can expect to pay as little as $650.00 or as much as $3,740.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Norcross, GA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Norcross, GA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Norcross, GA and much more. Save thousands at closing with home foreclosure listings in Norcross, GA — up to 75% off market value!
Norcross is located in Gwinnett, Georgia, with an estimated municipal population of 16,592 residents. All of the best foreclosed homes for sale in Norcross are located in the following zip code areas on Foreclosure.com: 30071. The estimated population per square kilometer (.62 miles) in Norcross is 1,050.
So, about how much do homes cost in Norcross? The most recent median value of resident-owned homes in Norcross is 188,168. An estimated 50.1 percent of households in Norcross own their homes, with an average family size of 3.91. The median household income in Norcross is 58,236, with23.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Norcross, the median commute time of resident workers (in minutes) is 31.4. And last, but certainly not least, are you looking for homes to rent in Norcross? If so, the average rent price paid by renters in Norcross is 1,205, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Norcross, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Norcross is 31.1, split between 49.3 percent male versus 50.7 female. The percentage of residents who report being married in Norcross is 48.1, with an average family size of 3.91.
The percentage of residents who report their race in Norcross is as follows:
|Black / African American||24.8%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Norcross? Or maybe you are searching for 55+ active adult communities in and/or near Norcross?
The percentage of residents who report their age in Norcross is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Norcross with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Norcross.
How do you know that living in -- or moving to -- Norcross is right where you need to be? Perhaps you grew up in Norcross or already live nearby; therefore, the decision to buy a home in Norcross is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Norcross for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Norcross:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Norcross.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Norcross can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Norcross, meanwhile, can field multiple offers from more qualified buyers.
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