Norristown, PA

Seller's market-5.4% YoY

Housing market overview · Updated weekly

$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

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

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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.

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