In March 2019, there were 22 homes sold, with a median sale price of $562,500 - a 3% decrease over the $580,000 median sale price for the same period of the previous year. There were 30 homes sold in Norco in March 2018.
The median sales tax in Norco for the most recent year with available data, 2016, was $3,843, approximately 0.7% of the median home sale price for March 2019.
The following table compares Norco to other Riverside County cities with similar median sales prices in March 2019:
| City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Indian Wells | 34 | 32 | 6.3% | $667,500 | $550,000 | 21.4% |
| Homeland | 1 | 0 | - | $595,000 | $0 | - |
| Norco | 22 | 30 | -26.7% | $562,500 | $580,000 | -3% |
| Rancho Mirage | 88 | 92 | -4.3% | $519,500 | $583,250 | -10.9% |
| Mira Loma | 18 | 20 | -10% | $517,500 | $455,000 | 13.7% |
| Corona | 218 | 215 | 1.4% | $487,500 | $520,000 | -6.3% |
| Temecula | 141 | 158 | -10.8% | $452,000 | $470,000 | -3.8% |
| La Quinta | 139 | 164 | -15.2% | $450,000 | $431,727 | 4.2% |
| Palm Springs | 147 | 162 | -9.3% | $445,000 | $348,250 | 27.8% |
| Mountain Center | 5 | 2 | 150% | $440,000 | $240,750 | 82.8% |
| Canyon Lake | 28 | 22 | 27.3% | $438,500 | $409,750 | 7% |
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