The City of Norcross was founded in 1870 and has the distinction of being the only city in Gwinnett County to have an official historic district listed in the U.S. Register of Historic Places. The district is comprised of 112 acres and includes a major portion of the downtown center where decades-ago renovations reintroduced turn-of-the-century street lighting and brick sidewalks lined with beautiful shade trees and flower planters. Today, through the Norcross Livable Centers Initiative, even more improvements have been planned and are being implemented to further enhance this charming community that is located less than 20 miles from Metro Atlanta. Norcross is primarily a residential city with an infrastructure of local businesses, schools and parks. These amenities serve to create an intimate, family-friendly setting for the city?s approximately 9,637 residents. Locals say that living in Norcross provides them with the best of both worlds as the city maintains a quiet, picturesque downtown atmosphere while along its fringes are major corporations doing millions of dollars of commerce each day. Proximity to employment opportunities, world-class cultural attractions and entertainment, and recreational activities are indeed a plus for on-the-go Norcross residents. Residents of Norcross see their city as a sanctuary. Although so many amenities are at their fingertips, residents also take pride in that they can retire for the day and unwind amidst the calm of their peaceful neighborhoods where clean and safe streets are dotted with attractive and affordable homes. Real estate options consist of single-family homes, condominiums and townhouses as well as land lots.
Norcross Real Estate Info: Prices of Norcross Houses for Sale
The streets of Norcross are lined with magnificent trees, which frame a variety of homes at all price levels. An eclectic mix of Cape Cod, ranch, bungalow, Colonial, plantation and single-family traditional homes exist in family-friendly communities throughout the city?s many subdivisions. Townhouses and condominiums range from the mid-$100,000s to $400,000 and higher depending on size, location and amenities. Homes with expansive yards in neighborhoods near schools, parks and local shopping centers range in price from the high $200,000s to $700,000 and up. Larger homes in more secluded foothill area neighborhoods with city and skyline views of Atlanta range in price from $800,000 to $2 million and more. Selections of historic properties are also available as are plots of land for custom development.
Norcross Real Estate Stats and Trends for the week of April 7th, 2020: homes priced around $348,000 compared to $348,000 the previous week, to remain steady with no change in listing price. For Tuesday, April 7th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.