Housing in Norristown, PA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$325,000

Median List Price

$309,900

Price Per Sq Ft

$168

Days on Market

28

Active Inventory

61

Months of Supply

2.9

Seller's market

Zillow Home Value

$324,115

ZHVI — January 2026

Zillow Rent Index

$1,761

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 31.0%List Price 24.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

23.8%

Off Market in 2 Weeks

57.1%

Sale-to-List Ratio

100.6%

Seller's market

Sold Above Asking
23.8%
Under Contract in 2 Wks
57.1%
Listings with Price Drops
9.8%

Market Activity

Source: Redfin

Homes Sold

21

New Listings

39

Pending Sales

28

Homes Sold 32.3%New Listings 25.8%Pending 17.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$168

Median List $/SF

$199

Sale $/SF 21.7%List $/SF 51.9%Mar 24Jan 26

Norristown vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Norristown is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$205,100

Median Rent

$1,337

Total Housing Units

14,336

Vacancy Rate

8.5%

Owner Occupied

40.8%

Renter Occupied

59.2%

Median Property Tax

$4,705

per year

Monthly Cost (w/ Mortgage)

$1,556

Housing Types

Single Family
60.2%
Multi-Family
39.8%
Mobile Home
0.0%

The current median sale price in Norristown, PA is $325,000 according to Redfin data. Homes spend a median of 28 days on the market. 23.8% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $168. Zillow's observed rent index is $1,761/month. About 40.8% of housing units are owner-occupied. The median year homes were built is 1955. There are 14,336 total housing units.