Why Live in Norterra
Norterra, located on the northern outskirts of Phoenix, is a suburban neighborhood nestled in the foothills of the Sonoran Desert. Known for its master-planned communities, Norterra offers residents a balance of convenience and access to natural areas, including the nearby Sonoran Preserve with over 36 miles of hiking, biking, and equestrian trails. The neighborhood has seen significant development, driven by the construction of a high-tech semiconductor factory 6 miles north, which has spurred infrastructure improvements and commercial growth. Norterra's homes, influenced by Southwestern architecture with stucco exteriors and clay tile roofs, range from townhouses to large single-family homes, many featuring private swimming pools and low-maintenance desert landscaping. The area is zoned for the Deer Valley Unified District, with Norterra Canyon School receiving high ratings. Residents enjoy a variety of amenities, including HOA-managed swimming pools, tennis courts, and parks. For things to do, the community offers access to Hurricane Harbor waterpark, a Harkins Theatre, and numerous dining options along Happy Valley Road, from national chains to local favorites like Elevate Coffee Company and Salt Tacos ỹ Tequila. Regular community events, such as First Fridays at the Shops at Norterra, enhance the neighborhood's appeal. Proximity to major highways like I-17, the 101, and the 303 Loop ensures convenient travel to downtown Phoenix and beyond, with Phoenix Sky Harbor International Airport approximately 25 miles south. The area boasts a low crime risk compared to the national average, contributing to its family-friendly environment.
Home Trends in Norterra, AZ
On average, homes in Norterra, Phoenix sell after 55 days on the market compared to the national average of 51 days. The median sale price for homes in Norterra, Phoenix over the last 12 months is $600,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$600,000
Median Single Family Sale Price
$630,000
Median Townhouse Sale Price
$399,990
Average Price Per Sq Ft
$281
Number of Homes for Sale
57
Last 12 months Home Sales
224
Median List Price
$630,990
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%