12 homes in zoned to Norco Elementary
Homes Zoned to Norco Elementary
Norco, CA
About Homes Zoned to Norco Elementary
About Norco: Norco Elementary is located in Norco. Norco is a city in northwestern Riverside County, California, United States. Located roughly 40 miles (64 km) inland from the Pacific Ocean, Norco is known as "Horsetown, USA" and prides itself on being a "horse community". The area is dotted with corrals, farms, hitching posts, ranches, riding trails, and tack-and-feed supply stores; there are also city ordinances in-place requiring new construction to have a "traditional, rustic ... Western flavor".
These are homes for sale inside the attendance boundary for Norco Elementary in Norco (Topfind School Score: 7/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 12 active listings.
Norco Elementary Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 12.0 months of supply is more than current demand absorbs, and sale prices have eased 10% over the last six months and are 1% below a year ago. At the same time, sales volume is up 43% versus six months ago, which keeps well-priced homes moving. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$1.45M
↓ 1% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
12.0 months of supply
Ample Supply12 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~61 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Norco Elementary Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
82%
Homeowners
18%
Renters
Homeownership is 26.5 points higher than the California average (55.5%)
6,776 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $311K in value on average.
Price Reductions
9 listings have reduced their price
75% of active listings
Average reduction: 8.4% (~$122K)
Norco Elementary Attendance Zone Market Overview
Norco Elementary serves students at the elementary level within the Corona-Norco Unified district. The school carries a Topfind School Score of 7. Homes in the Norco Elementary attendance zone carry a median list price of $1.4M. Compared with Norco overall, that is a 26.1% premium. The median price moved from $1.1M in January to $920,000 in July, a 14.0% decrease over six months. Right now 12 homes are on the market in the Norco Elementary attendance zone. The homes on this page fall inside the school's attendance zone, so students at these addresses are assigned to Norco Elementary.
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Frequently Asked Questions about Homes near Norco Elementary
How many homes are for sale in Norco Elementary Area, CA?
There are currently 12 homes for sale in Norco Elementary Area, ranging from $675,000 to $1,799,000. 2 of them hit the market within the last week.
What is the median home price in Norco Elementary Area?
The median list price in Norco Elementary Area is $1,450,000. Price per square foot averages $467. Prices are down 1.0% compared to a year ago.
How fast do homes sell in Norco Elementary Area?
Homes in Norco Elementary Area currently average 61 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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