Land Market Insights and Pricing in Norton City County, Virginia

Norton City, Virginia, nestled in the rugged Appalachian Mountains, offers a unique blend of natural beauty and accessibility for land buyers. This compact city of 7.5 square miles is characterized by forested hills, winding streams, and scenic overlooks like High Knob and Powell Valley. Situated along the Powell and Guest Rivers, Norton presents opportunities for waterfront properties and outdoor recreation. The area's rich history in timber and coal mining has shaped its landscape, while modern highways US 23 and 58 provide excellent connectivity. With a median home price of $100,700, significantly below the national average, and property taxes at 0.78%, Norton appeals to budget-conscious buyers. However, prospective landowners should note the city's higher unemployment rate of 5.4% and a 21.2% poverty rate, indicating economic challenges in this picturesque mountain setting.