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Norfolk, NY

Full City Profile · New York · Franklin County County

2.8 /5.0
C+ Fair
1,021 Population 378/sq mi density
$52,411 Median Income $30,965 per capita
$99,000 Home Value $112,747 Zillow
$804 Median Rent 29.9% income on rent
44°F Avg Temperature 270 sunny days/yr
191 Violent Crime/100K 3,949 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$52,411 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$99,000 home value, $804/mo rent
F
Safety
1.0 / 5.0
191 violent crimes/100K
D
Education
1.9 / 5.0
11.1% bachelor's degree or higher

Housing Overview

Median Home Value
$99,000
65% below
US avg: $281,900
Median Rent
$804/mo
31% below
US avg: $1,163/mo
Homeownership Rate
61.7%
6% below US avg (65.4%)
Total Housing Units
503
Median year built: 1954

Home Value by Source

Census Median
$99,000
Zillow (ZHVI)
$112,747
Median Sale Price
$118,600
Median List Price
$259,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.7%
Owner-Occupied
38.3%
Renter-Occupied
62%
38%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $804/mo

Market Indicators (Redfin)

Median Days on Market
8 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
60.0%
of listings with price reduction
Price Per Sq Ft
$97
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
29.9%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
61.7%

Complete Housing Data

Home Values

Census Median Value$99,000
Zillow Home Value (ZHVI)$112,747
Median Sale Price$118,600
Median List Price$259,000
Price Per Sq Ft$97

Rent

Census Median Rent$804
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market8
Sale-to-List Ratio0.9%
Price Drops60.0%
Homes Sold2
Active Inventory5
Price Per Sq Ft$97

Ownership & Stock

Owner-Occupied61.7%
Renter-Occupied38.3%
Homeownership Rate61.7%
Total Housing Units503
Median Year Built1954
Rent Burden29.9%