Norristown, PA 19401 Real Estate & Property Data

Norristown, PA 19401 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 582 residential properties have been sold over the past 12 months in 19401. With a median sales price of $246,000 in 19401 and a total of 7 foreclosures in Norristown, PA 19401. Discover market trends and get the granular level real estate data for Norristown, PA 19401 to keep your pulse on the housing market. Curate compelling home reports for Norristown, PA 19401 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Norristown, PA 19401 Real Estate Market Trends
Total Residential Properties 11,256
Total Commercial Properties 1,133
Avg. Home Age (Single Family Home) 76 Years
Avg. Square Feet (Single Family Home) 1,568
Total 2024 Residential Sales (year-to-date) 78
% of Homes Seriously Underwater (Q2 2024) 2.95%
Total 2023 Residential Sales 548
% of Equity Rich Homes (Q2 2024) 36.93%
Effective 2023 Property Tax 2.01%
Total Foreclosure Filings (year-to-date) 17
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Norristown, PA 19401 Real Estate Overview

There were 582 residential properties sold in the past year in Norristown, PA 19401. The median home value in Norristown, PA 19401 is $224,263. There are a total of 11,256 residential properties in the 19401.

Median Sales Price i
$246,000
(Feb 2024)
+14.4%
year-over-year
y-o-y
  • February '24 Feb '24 $246,000
  • January '24 Jan '24 $245,000
  • December '23 Dec '23 $235,000
  • November '23 Nov '23 $289,750
  • October '23 Oct '23 $300,000
  • September '23 Sep '23 $250,000
  • August '23 Aug '23 $235,000
  • July '23 Jul '23 $265,000
  • June '23 Jun '23 $297,500
  • May '23 May '23 $259,750
  • April '23 Apr '23 $263,000
  • March '23 Mar '23 $194,950
Median Down Payment i
$46,400
(Feb 2024)
+85.6%
year-over-year
y-o-y
  • February '24 Feb '24 $46,400
  • January '24 Jan '24 $23,750
  • December '23 Dec '23 $26,750
  • November '23 Nov '23 $40,397
  • October '23 Oct '23 $40,600
  • September '23 Sep '23 $31,000
  • August '23 Aug '23 $46,000
  • July '23 Jul '23 $13,565
  • June '23 Jun '23 $29,400
  • May '23 May '23 $31,000
  • April '23 Apr '23 $47,050
  • March '23 Mar '23 $21,250
Number of Homes Sold i
38
(Feb 2024)
+90%
year-over-year
y-o-y
  • February '24 Feb '24 38
  • January '24 Jan '24 40
  • December '23 Dec '23 37
  • November '23 Nov '23 55
  • October '23 Oct '23 46
  • September '23 Sep '23 46
  • August '23 Aug '23 58
  • July '23 Jul '23 49
  • June '23 Jun '23 53
  • May '23 May '23 43
  • April '23 Apr '23 45
  • March '23 Mar '23 52
Number of Purchase Loans i
18
(Feb 2024)
+63.6%
year-over-year
y-o-y
  • February '24 Feb '24 18
  • January '24 Jan '24 21
  • December '23 Dec '23 17
  • November '23 Nov '23 39
  • October '23 Oct '23 38
  • September '23 Sep '23 29
  • August '23 Aug '23 37
  • July '23 Jul '23 25
  • June '23 Jun '23 41
  • May '23 May '23 19
  • April '23 Apr '23 30
  • March '23 Mar '23 34
Number of REFI Loans i
19
(Feb 2024)
+90%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 17
  • December '23 Dec '23 23
  • November '23 Nov '23 22
  • October '23 Oct '23 20
  • September '23 Sep '23 26
  • August '23 Aug '23 27
  • July '23 Jul '23 18
  • June '23 Jun '23 27
  • May '23 May '23 33
  • April '23 Apr '23 25
  • March '23 Mar '23 14
Number of HELOC Loans i
9
(Feb 2024)
-10%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 8
  • December '23 Dec '23 6
  • November '23 Nov '23 8
  • October '23 Oct '23 12
  • September '23 Sep '23 8
  • August '23 Aug '23 18
  • July '23 Jul '23 7
  • June '23 Jun '23 8
  • May '23 May '23 23
  • April '23 Apr '23 8
  • March '23 Mar '23 10

Norristown, PA 19401 Foreclosure Activity

There were a total of 7 Norristown, PA 19401 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 5 Norristown, PA 19401 properties and repossessed 1 Norristown, PA 19401 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
7
(Feb 2024)
+16.7%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 10
  • December '23 Dec '23 8
  • November '23 Nov '23 11
  • October '23 Oct '23 11
  • September '23 Sep '23 8
  • August '23 Aug '23 10
  • July '23 Jul '23 6
  • June '23 Jun '23 6
  • May '23 May '23 16
  • April '23 Apr '23 11
  • March '23 Mar '23 6
Foreclosure Starts i
5
(Feb 2024)
+400%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 5
  • December '23 Dec '23 6
  • November '23 Nov '23 6
  • October '23 Oct '23 7
  • September '23 Sep '23 7
  • August '23 Aug '23 4
  • July '23 Jul '23 2
  • June '23 Jun '23 3
  • May '23 May '23 10
  • April '23 Apr '23 8
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
1
(Feb 2024)
-75%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • 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 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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