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Foreclosure Homes in Norristown, PA

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Norristown, PA Foreclosures

How much do homes sell for in Norristown, PA?
The average home price is currently $360,959.
In Norristown, PA, how many homes are available?
There are currently 132 active home listings available in Norristown.
What’s the average rental cost in Norristown, PA?
The average rental price in Norristown is $1,625.
What is the most expensive home in Norristown?
The most expensive home sold in Norristown had a price of $36,602,200.
What is currently the cheapest priced home in Norristown, PA?
The cheapest home for sale in Norristown is priced at $16,491.

Living in Norristown, PA

Norristown, PA combines suburban charm with city conveniences, featuring a lively downtown and various cultural amenities. It's well-connected by public transport, making it an attractive choice for commuters. The area supports a family-friendly environment with its numerous schools and community events.

Current Market Conditions in Norristown, PA

The current real estate market in Norristown has seen steady growth over the past few years, with home values increasing as demand rises due to its convenient location and affordability. Investors are taking notice of the favorable conditions for rental properties, as many young professionals and families seek housing in the area.

New developments and renovations are transforming older properties and neighborhoods, providing enticing options for real estate investors. As the local economy continues to improve, the trend of rising home prices is expected to persist, making it a potentially lucrative market for investment.

Home Value Estimator For Norristown, PA

There are currently 22,918 real estate properties in Norristown, PA, with a median automated valuation model (AVM) price of $329,398.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norristown, PA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Norristown, PA, is $360,959.00, with the most expensive house in Norristown, PA, topping out at $36,602,200.00 and the cheapest home in Norristown, PA, clocking in at $16,491.00. In other words, there’s something for every potential homebuyer or savvy investor in Norristown, PA!

Rent Prices In Norristown, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norristown, PA, is on a rollercoaster ride. The average rent price in Norristown, PA, is $1,625.00. Indeed, when looking to rent in Norristown, PA, you can expect to pay as little as $730.00 or as much as $3,860.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Norristown, PA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Norristown, PA Foreclosures


Market Trend for Norristown, PA

Total Listings Available: 132

Market Values:

Home Prices from $16,491 to $36,602,200

Average Sales Price: $360,959

Rental Values:

Rental from $730 to $3,860

Average Rent Value: $1,625 / month

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