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Area data

Norton, VA — ZIP 24273

Population: 5,593 (Census ACS)

The median home value in ZIP 24273 (Norton, VA) is $118,085 — down 3.9% over the past year. Homes sell for a median $158,900 after a median 85 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low. Cost of living is 3.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$118,085

Median home value

-3.9%

1-year change

85

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$118,085
1-year appreciation
-3.9%
3-year appreciation
+5.1%
5-year appreciation
+19.7%
10-year appreciation
+59.9%
All-time peak (2025-02)
$124,668
House Price Index (state)
423.6 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$158,900
Median list price
$182,000
Median price per sqft
$72
1-year sale-price change
+0.5%
Median days on market
85 days
Homes sold (recent period)
8
For-sale inventory
28
Sale-to-list ratio
89.5%
Active listings
28
1-year forecast
+0.6%
New listings (monthly)
6

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$914/mo
1BR fair-market rent
$1,143/mo
2BR fair-market rent
$1,335/mo
3BR fair-market rent
$1,735/mo
4BR fair-market rent
$2,002/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
0
High schools
2
School districts serving the area
Norton City Public Schools, Wise County Public Schools
Schools include
J.I. BURTON HIGH, Norton Elementary, CENTRAL HIGH

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Notable hazard ratings (county)
coldWave: Relatively Low
FEMA flood zone
A
Flood risk level
High
Wildfire risk to homes (county)
Higher than 79% of US counties
Buildings in wildfire direct-exposure zone
22.6%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
64.0°F
Average low
44.0°F
Annual precipitation
54.1 in
Annual snowfall
39.4 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
7.7 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
4,812
Jobs reachable by transit (45 min)
3,490

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Andrew Johnson National Historic Site (57 mi)
National parks include
Andrew Johnson National Historic Site, Cumberland Gap National Historical Park
Airports within 30 mi
3
Nearest airport
Lonesome Pine Airport (LNP) (7 mi)
Nearest major airport
Tri-Cities Regional TN/VA Airport (TRI) (37 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
LONESOME PINE HOSPITAL
Avg hospital rating (CMS)
2.0 / 5
Best hospital rating nearby (CMS)
2.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+23 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,976
Housing built before 1970
37.3%
Housing built 2000 or later
11.7%
Median annual property tax
$669
Households with broadband internet
64.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
2,621
Average weekly wage
$837
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
1

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 24273State medianUS median
Median home value$118,085$331,625$289,727
Median sale price$158,900$380,000$325,000
Median days on market85 days35 days51 days
Median annual property tax$669$1,619$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 24273?
$118,085.
What is the median sale price in ZIP 24273?
$158,900.
How long do homes take to sell in ZIP 24273?
Median days on market: 85 days.
What is typical rent in ZIP 24273?
2-bedroom fair-market rent: $1,335/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 24273?
Overall risk: Very Low (FEMA NRI, county-level).
Is ZIP 24273 in a flood zone?
High (FEMA NFIP). FEMA flood zone A.
What is the wildfire risk in ZIP 24273?
Risk to homes is higher than 79% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 24273?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 24273?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 24273?
3 schools (1 elementary, 2 high) (NCES, 2022-23).
Is ZIP 24273 walkable?
Walkability index: 7.7/20 (EPA Smart Location Database).
What is the cost of living in ZIP 24273?
Regional Price Parity: 103.5 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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