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Advertise here →Norristown borough, PA · Market Data
Norristown borough, Pennsylvania real estate market data.
Real estate market data for Norristown borough, PA (Montgomery County) — Census median home value $205,100, county listing prices up about 0.5% over the past year.
Norristown borough, PA is in Montgomery County, Pennsylvania — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 35,782, with a median household income of $65,058. Census data puts Norristown borough's median home value at $205,100 (all owner-occupied homes); Montgomery County's current median listing price runs $549,900, up about 0.5% over the past year.
At a glance
Norristown borough market snapshot
Population
35,782
Median Household Income
$65,058
Median Home Value (city)
$205,100
Median Listing Price (Montgomery County)
$549,900
Median Gross Rent
$1,337/mo
Price Trend (YoY)
+0.5%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Why Norristown borough
What makes Norristown borough different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Norristown borough's median home value — across all owner-occupied homes, not just recent sales — at $205,100. Separately, Montgomery County's current median listing price (via Realtor.com data, 2026-06-01) runs $549,900. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Montgomery County's FHFA house price index shows a 4.64% annual change in 2025.
Population & Income
Norristown borough has an estimated population of 35,782 and a median household income of $65,058, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Norristown borough's Census-reported median home value works out to about 3.2x the area's median household income, and median gross rent runs roughly 25% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Norristown borough FAQ
What are home values like in Norristown borough, PA?
The Census Bureau's American Community Survey puts Norristown borough's median home value at $205,100. Montgomery County's current median listing price runs $549,900, up about 0.5% over the past year.
What is the population of Norristown borough, PA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Norristown borough's population at approximately 35,782.
What's the median rent in Norristown borough, PA?
The Census ACS estimates median gross rent in Norristown borough at approximately $1,337 per month.
What is the median household income in Norristown borough, PA?
Census ACS data puts the median household income in Norristown borough at approximately $65,058.
Is the Norristown borough housing market growing?
Montgomery County's FHFA house price index shows a 4.64% annual change in 2025.
Is Norristown borough, PA affordable relative to income?
Census ACS data puts Norristown borough's median home value at about 3.2 times the median household income, with median gross rent equal to roughly 25% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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