Market Intelligence · PA / Montgomery County

Norristown, PA home prices and housing market

2 ZIP markets liveData updated September 2026Typical value$361K1-yr changeUp2.4%

The typical home value in Norristown, PA is $361K as of September 2026, up 2.4% from a year ago, based on the Zillow Home Value Index. In the typical Norristown ZIP code, the median list price is $364K and homes spend a median of 42 days on market as of September 2026 (Realtor.com).

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The coverage

Norristown, by the numbers.

Typical home valueZillow ZHVI, September 2026
$361K
1-yr changeMedian across Norristown ZIPs
+2.4%
ZIP markets live3 tracked in Norristown
2
County
Montgomery County

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12-month value trend

+2.4% over 12 months

Typical home value in Norristown over the last 12 months: $353K in Sep 2025 to $361K in Sep 2026 (+2.4%).

Sep 2025$353K

Sep 2026$361K

Median Zillow home value index across Norristown's ZIP codes.

Context

In Norristown, the typical home value stands at $364,231, up 2.5% over the past year as of August 2026. The market shows moderate activity, with 112 homes currently for sale and 72 new listings added in September 2026. Homes are spending a median of 42 days on market, and the median list price is $364,200. About 17.4% of listings have seen a price cut, suggesting some sellers are adjusting to market conditions. For homeowners considering a sale, Norristown's modest appreciation and steady inventory mean it's a balanced market rather than a seller's advantage.

The numbers

What is the housing market like in Norristown, PA?

Typical home value

$361K

Up2.4%YoY

Median list price

$364K

Days on market

42

Homes for sale

112

Price cuts

17.4%

New listings

72

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Norristown's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Norristown, PA home prices over time

Typical home values in Norristown, PA are up 2.4% over the past year, from $353K in September 2025 to $361K in September 2026.

Typical home value in Norristown, PA, September of each year
MonthTypical value1-yr change
September 2026$361,450+2.4%
September 2025$352,967No prior year

Typical value is the median Zillow Home Value Index across Norristown ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Norristown, PA a buyer's or seller's market?

Norristown, PA is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 42 days on market and 17% of listings with a price cut in the typical Norristown ZIP code, and 72 new listings against 112 active listings across Norristown, as of September 2026 (Realtor.com).

The outlook

Norristown housing market forecast 2027

+1.4%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 2 Norristown ZIP codes, points to typical home values rising 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in Norristown rose 2.4%, per the Zillow Home Value Index.

Will home prices drop in Norristown?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Norristown shows typical home values rising 1.4% by September 2027, after a 2.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 2 Norristown ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Norristown?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 3 Norristown ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

Local pros

Who are the top real estate agents in Norristown?

Top real estate agents in Norristown, PA

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Common questions

Questions about Norristown, PA home prices.

What is the typical home value in Norristown?

The typical home value in Norristown is $364,231, representing a 2.5% increase over the past year as of August 2026.

How long do homes typically stay on the market in Norristown?

Homes in Norristown spend a median of 42 days on market, based on September 2026 data.

Are homes selling above or below list price in Norristown?

About 17.4% of listings have received a price cut as of September 2026, suggesting some negotiation in the market.

Are home prices going up or down in Norristown, PA?

Typical home values in Norristown, PA are up 2.4% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Norristown, PA a buyer's or seller's market?

Norristown, PA is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 42 days on market and 17% of listings with a price cut in the typical Norristown ZIP code, and 72 new listings against 112 active listings across Norristown, as of September 2026 (Realtor.com).

Nearby markets

More Pennsylvania housing markets.

The market is moving

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