Norristown, PA
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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