Explore Norton, OH - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$289,900

Market Insights

Norton's real estate market is currently hot with low inventory and high demand. Home prices have increased 27.1% in the past month alone. At the current pace, all available homes in Norton would sell out in just 0.7 months, indicating a continued supply shortage. Properties are selling within just 21 days on average, much faster than the historical norm of 51 days. A significant 44.4% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (53.8%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Norton market with the affordability index at 121.4. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.

Demographics market for - Norton, OH

Total Population -

11,898

White Population

95.22%

Black Population

2.94%

Mexican60.98% (0.63% of total population)
Puerto Rican13.82% (0.14% of total population)
Cuban0%
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan0%
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian7.32% (0.08% of total population)
Ecuadorian0%
Peruvian0%
Uruguyan17.89% (0.18% of total population)
Venezuelan0%

Indian 12.20% (0.13% of total population)
Bangladeshi 0%
Chinese 47.15% (0.49% of total population)
Bhutanese 0%
Burmese 0%
Filipino 6.50% (0.07% of total population)
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan12.20% (0.13% of total population)
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Norton, OH

Destruction/Damage/Vandalism of Property17.65%
Larceny/Theft Offenses58.82%
Stolen Property Offenses11.76%
Motor Vehicle Theft8.82%
Burglary/Breaking & Entering2.94%

Homicide Offenses100.00%

Assault Offenses100.00%

Sex Offenses50.00%
Kidnapping/Abduction50.00%

Arson16.67%
Fraud Offenses83.33%

Real Estate Market Prediction for - Norton, OH

City Hotspots
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