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Featured local agent — Norristown, PA
Sarah Mitchell
Compass Real Estate · Norristown, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Norristown, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$279,100median sale price
How is the Norristown, PA housing market right now?
The median home sale price in Norristown, PA is $279,100, down 5.4% year-over-year. Homes sell in an average of 22 days with 68 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Norristown a buyer's or seller's market?
Norristown, PA is currently a seller's market, based on 2.4 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
28
Last 12 weeks
Days on market
22
Average pace
Active listings
68
2.4 months supply
Sale-to-list
98.6%
Below asking
What does the Norristown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $279,100 |
| Median list price | $260,000 |
| Year-over-year price change | -5.4% |
| Average days on market | 22 days |
| Active inventory | 68 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $189/sq ft |
| Homes sold (latest month) | 28 |
| New listings (latest month) | 32 |
| Listings with a price cut | 22.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Norristown by property type?
How the Norristown, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $359,750 | $144/sq ft | 2 | 65 days |
| Condo / Co-op | $199,000 | $178/sq ft | 1 | 41 days |
| Townhouse | $273,200 | $190/sq ft | 23 | 13 days |
Source: Redfin · Updated monthly
The Norristown housing market is currently classified as a seller's market with a median sale price of $279,100. Prices have fallen 5.4% compared to last year, with homes spending an average of 22 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Norristown
There are currently 68 homes listed for sale in Norristown, Pennsylvania. The median listing price is $260K.
Active listings
68
Homes on market
Median list price
$260K
Avg. days on market
22
Days until sale
New this week
32
Newly listed
Who lives in Norristown?
Population
35,782
Median income
$65,058/yr
Median age
33.7 years
Owner-occupied
40.8%
College grads
23.7%
Avg commute
27.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Norristown?
Zillow home value
$344,717
Zillow rent index
$1,763/mo
Price-to-rent ratio
16.3x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Norristown?
Norristown is a community of approximately 36K residents with a median age of 33.7 years.The median household income is $65,058, which represents a working-class community with solid middle-income opportunities. 23.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 40.8%, showing a blend of owner and renter-occupied properties. The average commute time is 27.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Norristown offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Norristown?
13 schools tracked · 8,080 students
The largest public schools serving Norristown, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Norristown Area HS
Grades 9-12 · 2,273 students
East Norriton MS
Grades 5-8 · 850 students
Eisenhower MS
Grades 5-8 · 791 students
Blockson MS
Grades 5-8 · 727 students
Marshall Street El Sch
Grades K-4 · 564 students
Whitehall El Sch
Grades K-4 · 496 students
Paul V Fly El Sch
Grades K-4 · 461 students
Woodland El Sch
Grades K-4 · 439 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Norristown, PA?
Want a head-to-head view? Compare Norristown side-by-side with any other U.S. city using our market-comparison tool.
Is Norristown a good real estate investment market?
For investors evaluating Norristown, the price-to-rent ratio of 16.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Norristown's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Norristown's median home price.
Frequently asked questions
What is the average home price in Norristown?
The median home sale price in Norristown is $279,100, down 5.4% from last year.
How long do homes stay on market in Norristown?
Homes typically spend 22 days on market before going under contract.
What is the median income in Norristown?
The median household income is $65,058 per year.
Is Norristown a buyer's or seller's market?
With 2.4 months of supply, Norristown is currently a seller's market.
What is the Zillow home value estimate for Norristown?
The Zillow Home Value Index (ZHVI) for Norristown is $344,717, representing the typical home value in the area.
What is the median condo price in Norristown?
The median condo/co-op sale price in Norristown, PA is $199,000, compared to $359,750 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Norristown?
The median single-family home price in Norristown, PA is $359,750 (about $144 per square foot).
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