There are currently 9,803 real estate properties in Norton Shores, MI, with a median automated valuation model (AVM) price of $262,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norton Shores, MI, 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 Norton Shores, MI, is $310,444.00, with the most expensive house in Norton Shores, MI, topping out at $8,850,343.00 and the cheapest home in Norton Shores, MI, clocking in at $20,022.00. In other words, there’s something for every potential homebuyer or savvy investor in Norton Shores, MI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norton Shores, MI, is on a rollercoaster ride. The average rent price in Norton Shores, MI, is $1,514.00. Indeed, when looking to rent in Norton Shores, MI, you can expect to pay as little as $700.00 or as much as $2,760.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Norton Shores, MI -- 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.
Norton Shores is located in Muskegon, Michigan, with an estimated municipal population of 24,664 residents. All of the best foreclosed homes for sale in Norton Shores are located in the following zip code areas on Foreclosure.com: 49441 49444. The estimated population per square kilometer (.62 miles) in Norton Shores is 409.
So, about how much do homes cost in Norton Shores? The most recent median value of resident-owned homes in Norton Shores is 139,259. An estimated 81.1 percent of households in Norton Shores own their homes, with an average family size of 2.96. The median household income in Norton Shores is 63,805, with25.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Norton Shores, the median commute time of resident workers (in minutes) is 20.2. And last, but certainly not least, are you looking for homes to rent in Norton Shores? If so, the average rent price paid by renters in Norton Shores is 946, 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 Norton Shores, 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 Norton Shores is 42.1, split between 49 percent male versus 51 female. The percentage of residents who report being married in Norton Shores is 53, with an average family size of 2.96.
The percentage of residents who report their race in Norton Shores is as follows:
| White | 91.8% |
| Black / African American | 3.4% |
| Asian | 0.9% |
| American Indian / Alaskan Native | 1.3% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.4% |
| Other | 0.1% |
Looking for family-friendly neighborhoods in and/or near Norton Shores? Or maybe you are searching for 55+ active adult communities in and/or near Norton Shores?
The percentage of residents who report their age in Norton Shores is as follows:
| Under 10 | 11.2% |
| Aged 10-19 | 13% |
| 20s | 11.9% |
| 30s | 12% |
| 40s | 9.5% |
| 50s | 14.7% |
| 60s | 14.3% |
| 70s | 7.9% |
| 80+ | 5.5% |
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 Norton Shores with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Norton Shores.
How do you know that living in -- or moving to -- Norton Shores is right where you need to be? Perhaps you grew up in Norton Shores or already live nearby; therefore, the decision to buy a home in Norton Shores is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Norton Shores 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 Norton Shores:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Norton Shores.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Norton Shores can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Norton Shores, meanwhile, can field multiple offers from more qualified buyers.
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