Commercial Real Estate Market in Norton, WV

Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31

Market Trends

Norton, WV spans 12.9 square miles in Randolph County, West Virginia. Figures below refresh monthly; last updated 31 August 2026.

Office

Office vacancy in Norton, WV runs 20.2% across the South region in 2025, up from 14.4% in 2019.

Vacancy Rate % in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Retail

Retail vacancy in Norton, WV runs 5.4% across the South region in 2025, down from 7% in 2020.

Vacancy Rate % in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Industrial

Industrial vacancy in Norton, WV runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.

Vacancy Rate % in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Multifamily

Multifamily vacancy in Norton, WV runs 11.3% across the South region in 2025, up from 8.5% in 2022.

Vacancy Rate % in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Other Investment

Coalton, Norton, WV 26285

Estimated value:

$40,700

1,064 SF

View details

Truck Terminals

Coalton, Norton, WV 26285

Estimated value:

$13,000

0.33 Acres

View details

Office Buildings

Norton, Norton, WV 26285

Estimated value:

$270,000

0.48 Acres

View details

Market overview

Demographics & Economy

Norton, WV has 492 residents in 203 households. Density runs 38 people per square mile. Median household income here is $29,861.

492

Population

203

Households

2.4

Avg Household Size

Median Age

College-Educated

97%

High-School Grad

12.9 sq mi

ZIP Area

Density / Sq Mi

$29,861

Median Household Income

$18,824

Median Earnings

Median Rent

$95,500

Median Home Value

Tools

Business Placement

Nearby Markets

Market	Average Sale Price, $/SF	Average Lease Price, $/SF/Yr
Coalton	—	—
Junior	—	—
Ellamore	—	—
Elkins	—	—

Methodology & data sources

Vacancy rates: Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
Refresh: The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
Known limitations: office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
Coverage: Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.

Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue