Norristown, PA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Norristown, PA is $262,450, down 5.4% year-over-year. Homes sell in an average of 38 days with 59 active listings. The market is currently a seller's market.
$262,450median sale price
Homes sold
21
Last 12 weeks
Days on market
38
Average pace
Active listings
59
2.8 months supply
Sale-to-list
97.6%
Below asking
Norristown, PA market data
| Metric | Value |
|---|---|
| Median sale price | $262,450 |
| Median list price | $275,000 |
| Year-over-year price change | -5.4% |
| Average days on market | 38 days |
| Active inventory | 59 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 97.6% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Norristown housing market is currently classified as a seller's market with a median sale price of $262,450. Prices have fallen 5.4% compared to last year, with homes spending an average of 38 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Norristown
There are currently 59 homes listed for sale in Norristown, Pennsylvania. The median listing price is $275K.
Active listings
59
Homes on market
Median list price
$275K
Avg. days on market
38
Days until sale
New this week
26
Newly listed
Explore nearby cities in PA
Frequently asked questions
What is the average home price in Norristown?
The median home sale price in Norristown is $262,450, down 5.4% from last year.
How long do homes stay on market in Norristown?
Homes typically spend 38 days on market before going under contract.
Is Norristown a buyer's or seller's market?
With 2.8 months of supply, Norristown is currently a seller's market.
Get Norristown market alerts
Weekly updates on prices, inventory, and trends. Free forever.