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Housing in Norristown, Pennsylvania

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HousingNorristown, PAUnited States
Median Home Age7037
Median Home Cost$117,400$170,100
Home Appr. Last 12 months1.90%4.90%
Home Appr. Last 5 yrs.-10.60%-4.60%
Home Appr. Last 10 yrs.18.60%12.70%
Property Tax Rate$14.60$12.07
Homes Owned36.44%57.34%
Housing Vacant13.21%12.47%
Homes Rented50.35%30.19%
AVERAGE RENT FOR HOME OR APARTMENT
Studio Apartment$822$661
1 Bedroom Home or Apartment$969$765
2 Bedroom Home or Apartment$1,168$957
3 Bedroom Home or Apartment$1,454$1,289
4 Bedroom Home or Apartment$1,561$1,490
VACANT HOUSING
Vancant For Rent8.69%2.50%
Vancant Rented0.19%0.46%
Vancant For Sale2.12%1.38%
Vancant Sold0.25%0.46%
Vancant Vacation0.00%3.81%
Vancant Other1.96%3.87%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,0000.80%3.30%
$20,000 to $39,9990.90%3.44%
$40,000 to $59,9991.90%4.18%
$60,000 to $79,9998.52%5.80%
$80,000 to $99,99910.57%7.08%
$100,000 to $149,99925.57%15.77%
$150,000 to $199,99933.33%15.03%
$200,000 to $299,99914.67%18.50%
$300,000 to $399,9990.84%10.39%
$400,000 to $499,9991.99%5.66%
$500,000 to $749,9990.50%6.39%
$750,000 to $999,9990.00%2.28%
$1,000,000 or more0.41%2.18%
HOUSING UNITS BY YEAR STRUCTURE BUILT
2010 and newer0.05%0.29%
2000 to 20093.91%14.18%
1990 to 19991.14%13.96%
1980 to 19894.23%13.99%
1970 to 19798.17%16.09%
1960 to 19691.14%13.96%
1950 to 195912.07%11.05%
1940 to 194910.49%5.59%
1939 or Earlier47.46%13.68%

The median home value in Norristown, PA, is $117,400. Home appreciation is 1.90% over the last year. The median age of Norristown, PA, real estate is 70 years.

Norristown, PA Apartments and Rentals

Renters make up 50.35% of the Norristown, PA, population. 13.21% of houses and apartments in Norristown, PA, are unoccupied (vacancy rate).


Norristown Housing SperlingViews

"Hollywood is coming to Norristown": Keep an eye out here for news of the(10 sound stage) Movie Studio coming to Norristown. Norristown Real Estate values are on the rise(Zillow.com)and may go even higher,... (read more)Intended relocation: No review yet, rather a preview: We are looking to relocate from Hong Kong to Philadelphia or its environs and, via Internet sources, we get the impression that... (read more)Have an opinion about Norristown? Leave a commentTo See All SperlingViews for Norristown Click Here