The housing market in 19401 Norristown, Pennsylvania is thriving. The median value of housing in the area is $212,300 which is significantly lower than the US house median value of $338,100. In the past year alone, there has been an impressive 11.94% house appreciation rate in Norristown compared to the 8.27% US average. This makes it an attractive investment and a great place to live for those looking for a high quality of life with affordability.
The median home cost in Norristown (zip 19401) is $212,300. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Norristown (zip 19401) is up 14.2%.
Average Age of Homes
- The median age of Norristown (zip 19401) real estate is 63 years old
The Rental Market in Norristown (zip 19401)
- Renters make up 49.2% of the Norristown (zip 19401) population
- 3.8% of houses and apartments in Norristown (zip 19401), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.