Norristown, PA Real Estate & Property Data

Norristown Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Norristown, PA. ATTOM’s Norristown real estate data is updated daily, and current market trends show that in Norristown, PA a total of 1,176 residential properties have sold over the past year. With a median home price of $331,250 in Norristown and a total of 9 foreclosures. Get detailed property data for Norristown, PA instantly. ATTOM is your one-stop-shop for the Norristown property reports and real estate data you need in Norristown, PA.

Norristown Real Estate Market Trends
Total Residential Properties 26,412
Total Commercial Properties 1,653
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 1,878
Total 2024 Residential Sales (year-to-date) 140
% of Homes Seriously Underwater (Q2 2024) 1.6%
Total 2023 Residential Sales 1,127
% of Equity Rich Homes (Q2 2024) 42.49%
Effective 2023 Property Tax 1.7%
Total Foreclosure Filings (year-to-date) 21
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Norristown, PA Real Estate Overview

There were 1,176 residential properties sold in the past year in Norristown, PA. The median home value in Norristown, PA is $318,897. There are a total of 26,412 residential properties in the Norristown.

Median Sales Price i
$331,250
(Feb 2024)
-6.7%
year-over-year
y-o-y
  • February '24 Feb '24 $331,250
  • January '24 Jan '24 $315,950
  • December '23 Dec '23 $347,500
  • November '23 Nov '23 $351,000
  • October '23 Oct '23 $321,000
  • September '23 Sep '23 $385,000
  • August '23 Aug '23 $330,000
  • July '23 Jul '23 $405,000
  • June '23 Jun '23 $354,250
  • May '23 May '23 $424,999
  • April '23 Apr '23 $350,000
  • March '23 Mar '23 $305,000
Median Down Payment i
$46,000
(Feb 2024)
+22.7%
year-over-year
y-o-y
  • February '24 Feb '24 $46,000
  • January '24 Jan '24 $31,000
  • December '23 Dec '23 $59,750
  • November '23 Nov '23 $59,100
  • October '23 Oct '23 $56,250
  • September '23 Sep '23 $46,150
  • August '23 Aug '23 $48,750
  • July '23 Jul '23 $57,340
  • June '23 Jun '23 $40,585
  • May '23 May '23 $66,000
  • April '23 Apr '23 $57,032
  • March '23 Mar '23 $42,733
Number of Homes Sold i
67
(Feb 2024)
+15.5%
year-over-year
y-o-y
  • February '24 Feb '24 67
  • January '24 Jan '24 73
  • December '23 Dec '23 74
  • November '23 Nov '23 100
  • October '23 Oct '23 85
  • September '23 Sep '23 96
  • August '23 Aug '23 110
  • July '23 Jul '23 117
  • June '23 Jun '23 123
  • May '23 May '23 91
  • April '23 Apr '23 90
  • March '23 Mar '23 92
Number of Purchase Loans i
41
(Feb 2024)
+7.9%
year-over-year
y-o-y
  • February '24 Feb '24 41
  • January '24 Jan '24 51
  • December '23 Dec '23 50
  • November '23 Nov '23 74
  • October '23 Oct '23 69
  • September '23 Sep '23 73
  • August '23 Aug '23 76
  • July '23 Jul '23 80
  • June '23 Jun '23 103
  • May '23 May '23 55
  • April '23 Apr '23 66
  • March '23 Mar '23 69
Number of REFI Loans i
38
(Feb 2024)
+58.3%
year-over-year
y-o-y
  • February '24 Feb '24 38
  • January '24 Jan '24 40
  • December '23 Dec '23 41
  • November '23 Nov '23 43
  • October '23 Oct '23 45
  • September '23 Sep '23 40
  • August '23 Aug '23 57
  • July '23 Jul '23 34
  • June '23 Jun '23 53
  • May '23 May '23 63
  • April '23 Apr '23 50
  • March '23 Mar '23 33
Number of HELOC Loans i
30
(Feb 2024)
-14.3%
year-over-year
y-o-y
  • February '24 Feb '24 30
  • January '24 Jan '24 28
  • December '23 Dec '23 14
  • November '23 Nov '23 28
  • October '23 Oct '23 36
  • September '23 Sep '23 30
  • August '23 Aug '23 59
  • July '23 Jul '23 27
  • June '23 Jun '23 33
  • May '23 May '23 49
  • April '23 Apr '23 28
  • March '23 Mar '23 37

Norristown, PA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Norristown, PA Foreclosure Activity

There were a total of 9 Norristown, PA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 5 Norristown, PA properties and repossessed 3 Norristown, PA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
9
(Feb 2024)
-10%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 12
  • December '23 Dec '23 12
  • November '23 Nov '23 15
  • October '23 Oct '23 12
  • September '23 Sep '23 13
  • August '23 Aug '23 18
  • July '23 Jul '23 11
  • June '23 Jun '23 10
  • May '23 May '23 22
  • April '23 Apr '23 18
  • March '23 Mar '23 13
Foreclosure Starts i
5
(Feb 2024)
+150%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 6
  • December '23 Dec '23 9
  • November '23 Nov '23 8
  • October '23 Oct '23 8
  • September '23 Sep '23 11
  • August '23 Aug '23 9
  • July '23 Jul '23 4
  • June '23 Jun '23 4
  • May '23 May '23 16
  • April '23 Apr '23 14
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
3
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 4
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 2
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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