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Norristown, PA
Full City Profile · Pennsylvania · Montgomery County County
3.1
/5.0
B
Good
35,782
Population
10,165/sq mi density
$65,058
Median Income
$27,999 per capita
$205,100
Home Value
$327,252 Zillow
$1,337
Median Rent
33.0% income on rent
55°F
Avg Temperature
271 sunny days/yr
494
Violent Crime/100K
1,577 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$65,058 median income, 3.7% unemployment
A+
Affordability
4.9 / 5.0
$205,100 home value, $1,337/mo rent
F
Safety
1.0 / 5.0
494 violent crimes/100K (30% above avg)
C+
Education
2.9 / 5.0
23.7% bachelor's degree or higher
Housing Overview
Median Home Value
$205,100
27% below
US avg: $281,900
Median Rent
$1,337/mo
15% above
US avg: $1,163/mo
Homeownership Rate
40.8%
38% below US avg (65.4%)
Total Housing Units
14,281
Median year built: 1956
Home Value by Source
Census Median
$205,100
Zillow (ZHVI)
$327,252
Median Sale Price
$262,450
Median List Price
$275,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
40.8%
Owner-Occupied
59.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent:
$1,337/mo
· Zillow rent:
$1,738/mo
Market Indicators (Redfin)
Median Days on Market
38 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
21
Price Drops
13.6%
of listings with price reduction
Price Per Sq Ft
$174
Active Inventory
59
homes for sale
Affordability & Housing Stock
Rent Burden
33.0%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
40.8%
Complete Housing Data
Home Values
| Census Median Value | $205,100 |
| Zillow Home Value (ZHVI) | $327,252 |
| Median Sale Price | $262,450 |
| Median List Price | $275,000 |
| Price Per Sq Ft | $174 |
Rent
| Census Median Rent | $1,337 |
| Zillow Rent (ZORI) | $1,738 |
| FMR Studio | $900 |
| FMR 1-Bedroom | $996 |
| FMR 2-Bedroom | $1,225 |
| FMR 3-Bedroom | $1,570 |
| FMR 4-Bedroom | $1,744 |
Market
| Days on Market | 38 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 13.6% |
| Homes Sold | 21 |
| Active Inventory | 59 |
| Price Per Sq Ft | $174 |
Ownership & Stock
| Owner-Occupied | 40.8% |
| Renter-Occupied | 59.2% |
| Homeownership Rate | 40.8% |
| Total Housing Units | 14,281 |
| Median Year Built | 1956 |
| Rent Burden | 33.0% |