CENTURY 21 Advantage Gold Market Report

Norristown, PA

Single-Family Homes

CENTURY 21 Advantage Gold | customercare@c21ag.com | 215-671-4700



Norristown, PA

Mon Aug 31 2026
This week the median list price for Norristown, PA is $570,000 with the market action index hovering around 56. This is less than last month's market action index of 61. Inventory has increased to 41. Click here to stay informed with the Norristown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Norristown, PA

Mon Aug 31 2026
This week the median list price for Norristown, PA is $570,000 with the market action index hovering around 56. This is less than last month's market action index of 61. Inventory has increased to 41. Click here to stay informed with the Norristown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Norristown market.
Median List Price $570,000
Median Price of New Listings $542,000
Per Square Foot $242
Average Days on Market 63
Median Days on Market 28
Price Decreased 41%
Price Increased 2%
Relisted 7%
Inventory 41
Median Rent
Market Action 56
Strong Seller's Market

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$925,000 3,636 0.5 - 1 acre 4 3.5 16 1 0 70
$662,000 2,952 0.25 - 0.5 acre 4 3 36 2 2 38
$474,950 2,042 0.25 - 0.5 acre 4 2.3 69 1 1 10
$354,450 1,462 0.25 - 0.5 acre 3 1.3 76 2 1 21