Market Overview
Home Prices in Norcross, GA
The median home value in Norcross, GA is $331,202 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.5% compared to a year ago and down 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Norcross are priced19% below average. Norcross is part of the Atlanta-Sandy Springs-Alpharetta, GA metro area.
Over the past five years, Norcross home values have risen by approximately27.2%, reflecting strong long-term appreciation in this market.
Price History
Norcross Home Price Trend
City Comparison
Norcross vs. National Median
At $331,202, homes in Norcross cost 19% below the national median of $410,000. This makes Norcross a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Norcross?
20% Down Payment
$66,240
on $331,202
Monthly P&I
$1,727/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,193/mo
incl. taxes & insurance
Income Needed
$87,720
gross annual (30% rule)
10% Down Option
$33,120
+ PMI applies
Loan Amount (20% dn)
$264,962
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Norcross, GA?
The median home value in Norcross is $331,202 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.5% year-over-year.
How much have home prices changed in Norcross?
Over the past year, home values in Norcross have decreased by 2.5%. Over five years, prices have risen approximately 27.2%.
How much do I need to earn to buy a home in Norcross?
To comfortably afford the median home price of $331,202 with a 20% down payment ($66,240) at today's rates (6.8%), you'd need a gross annual income of approximately $87,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Norcross compare to the national average home price?
The national median home value is approximately $410,000. At $331,202, homes in Norcross are 19% below the national average.
What metro area is Norcross part of?
Norcross is part of the Atlanta-Sandy Springs-Alpharetta, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.