Once primarily agricultural, the city of Norco is a fast-growing community of more than 27,000 residents that has remained true to its Western heritage. Located in Riverside County's Inland Empire along the Santa Ana River and adjoining Orange County, Norco features two distinct personalities: that of an equestrian friendly community and a quickly growing, modernized community with access to a variety of amenities.
Norco's "Old Town" area features country stores and horse properties with a large network of horse trails. The entire community has more than 88 miles of bridle trails and the entire Santa Ana River basin for riding. The area to the north along Interstate 15, formerly home to numerous cattle farms and dairy operations, is rapidly being taken over by new housing developments and golf course communities. A number of businesses and manufacturing operations are also locating to the area.
Residents enjoy a relaxed lifestyle, safe neighborhoods, acres of open land, spacious parks and a warm, down-home atmosphere. The real estate market is made up primarily of single-family detached homes located on large lots. Norco's large lots allow for the maintenance, training and pleasure of keeping a variety of animals. Norco's properties are especially popular for horse owners, giving Norco its name as "Horse Town USA."
Norco Real Estate Market: Price Range of Norco Real Estate
Typically, lot size minimums in Norco are 20,000 square feet with various other home sites ranging up to 2-3 acres. Prices for single-family detached homes in Norco, California range from $350,000 to upwards of $3 million for larger properties with hillside and city lights views and room for horses. Land and lots can be found in outlying areas for custom building.
Norco Real Estate Stats and Trends for the week of February 8th, 2016: homes priced around $489,019 compared to $486,748 the previous week, for a slight increase of less than +1%. For Tuesday, February 9th, the current national mortgage rate for a 30 year fixed mortgage is 3.69%; the 15 year fixed rate is at 2.80%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.09%, while the 15 year jumbo rate currently is at 3.65%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Norco CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Norco to help you find the best home!