Norcross, Georgia, nestled in Gwinnett County, is a charming city known for its rich history and vibrant community life. Founded in 1870 by John J. Thrasher and named after his friend Jonathan Norcross, a former mayor of Atlanta, Norcross boasts a well-preserved historic downtown where visitors can explore 19th-century architecture, local art galleries, and quaint shops. The city has grown significantly over the years, with its population increasing from 9,116 in 2010 to 17,209 by 2020, reflecting its appeal as part of the broader Atlanta-Sandy Springs-Marietta metropolitan area. Key landmarks include the Norcross Historic District, listed on the National Register of Historic Places, and Thrasher Park, which has served as a community hub since the town's early days, hosting concerts and local events. Norcross also embraces modern amenities, with access to major highways like Interstate 85, making it an attractive place for both residents and businesses. The city's cultural scene is enhanced by annual events like the Art Fest, alongside its array of dining options offering both traditional Southern cuisine and international flavors.
Norcross currently has 75 single family homes for sale with an average list price of $425,310.64, 64 townhouses for sale with an average list price of $324,297.97, 31 condos for sale with an average list price of $206,209.68, and 9 lots for sale with an average list price of $1,434,044.33. The average annual property tax for Norcross is $2,821.53.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Norcross, i.e. what's hot and what's not.
See What's Hot & What's Not in NorcrossNorcross home sales for the month of August decreased in volume by 32.4% when compared to last year, while the median sale price decreased by 0.7% from $367,500 to $365,000. House sales decreased by 38.1%, while the median sale price decreased by 6.2% from $389,000 to $365,000. Condo sales stayed the same, while the median sale price decreased by 15.9% from $216,500 to $182,000. Townhouse sales decreased by 27.3%, while the median sale price rose by 27.6% from $311,500 to $397,475.
566
|
521
|
377
|
412
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$264,000
|
$311,500
|
$334,000
|
$350,750
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |