Market Summary

Norristown, Montgomery County, PA

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Median Home Price Price

$318,884 $318.9K

Median Monthly Rent Rent

$1,823 $1.8K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Montgomery County

Region Price Rent GRM Display
$480,532 $2,264 18.0x
$645,441 $2,023 27.0x
$386,856 $2,110 15.0x
$394,193 $2,085 16.0x
$446,200 $2,236 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within PA outside of Montgomery County

Region Price Rent GRM Display
$336,750 $1,687 17.0x
$360,335 $1,732 17.0x
$234,194 $1,636 12.0x
$337,381 $1,571 18.0x
$314,640 $1,810 15.0x
$314,887 $1,331 20.0x
$355,083 $1,827 16.0x
$466,188 $1,852 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of PA

Region Price Rent GRM Display
$653,209 $1,785 30.0x
$240,068 $1,534 13.0x
$372,370 $1,441 22.0x
$242,269 $1,534 13.0x
$368,383 $1,796 17.0x
$288,055 $1,889 13.0x
$195,944 $1,160 14.0x
$352,294 $1,731 17.0x
$586,429 $1,780 27.0x
$354,767 $2,061 14.0x
$238,549 $1,531 13.0x
$264,567 $1,145 19.0x
$471,481 $1,832 21.0x
$316,445 $1,938 14.0x
$355,963 $1,289 23.0x
$258,308 $1,563 14.0x
$295,045 $1,264 19.0x
$312,136 $1,818 14.0x
$439,498 $1,778 21.0x
$267,963 $1,585 14.0x
$744,691 $1,833 34.0x
$302,046 $1,477 17.0x
$245,518 $1,919 11.0x
$239,189 $1,573 13.0x
$366,391 $1,562 20.0x
$405,964 $1,938 17.0x
$221,726 $1,395 13.0x
$209,794 $1,181 15.0x
$351,272 $1,990 15.0x
$233,945 $1,480 13.0x
$256,065 $1,609 13.0x
$320,386 $1,384 19.0x
$627,782 $1,874 28.0x

Home prices

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Monthly rent

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GRM

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Norristown

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Trend Insights

Median Rent in Norristown, PA is $1,823, with MoM change +$12 and YoY change +$96 pointing to positive momentum while volatility is low (std $22).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Norristown, PA.

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Metric
Base market Norristown, PA
Compare market Select a market
Delta vs base
Median rent
$1,823
N/A
Median price
$318,884
N/A
YoY change
+$96
N/A
Price-to-rent
14.6x
Data unavailable
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