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NW Riverside News

Sunday, November 24, 2024

July 2021: Home prices in Norco increased

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The median sale price of a home sold in July 2021 in Norco rose by $167,000 while total sales decreased by 61.5%, according to BlockShopper.com.

In July 2021, there were 10 homes sold, with a median sale price of $760,000 - a 28.2% increase over the $593,000 median sale price for the same period of the previous year. There were 26 homes sold in Norco in July 2020.

The median sales tax in Norco for the most recent year with available data, 2019, was $4,310, approximately 0.6% of the median home sale price for July 2021.

The following table compares Norco to other Riverside County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Anza 110%$1,000,000$76,5001207.2%
Indian Wells1020-50%$915,000$710,00028.9%
Norco1026-61.5%$760,000$593,00028.2%
Mira Loma 39-66.7%$695,000$542,50028.1%
Corona127172-26.2%$680,000$580,00017.2%
Rancho Mirage4563-28.6%$656,000$440,00049.1%
Temecula105154-31.8%$650,000$519,00025.2%
La Quinta7689-14.6%$637,500$435,00046.6%
Canyon Lake2227-18.5%$622,500$475,00031.1%
Mountain Center 34-25%$619,000$379,00063.3%
Wildomar1823-21.7%$590,000$465,00026.9%

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