Home prices
The median home in Norristown costs $152,900. It is approximately $150,380 (49%) lower in comparison to the surrounding areas.Compared to the entire nation it is roughly $64,600 (29%) lower, and in comparison to the city of New York is roughly $453,100 (74%) lower.
Rents
In Norristown the median rent is $1,083 a month. In comparison to nearby areas this is roughly $302 (21%) lower.Compared to the rest of the nation it is about $21 (1%) higher, and compared to the city of New York it is roughly $360 (24%) lower.
Nearby places
Bridgeport
Bridgeport is Norristown's neighbor to the south. Its real estate prices are a bit more expensive. The value of the median home in Bridgeport is $199,800, which works out to $46,900 (23%) higher than Norristown. Rents there are somewhat more expensive. The median rent in Bridgeport is $1,147 per month, which works out to $64 (5%) higher than Norristown.
King of Prussia
King of Prussia is approximately 2 miles southwest from Norristown. Housing prices there are significantly more expensive. The median home in King of Prussia costs $320,800, which works out to $167,900 (52%) higher than Norristown. Its rents are somewhat more expensive. In King of Prussia the median rent is $1,456 a month, which works out to $373 (25%) higher than Norristown.
Plymouth Meeting
Plymouth Meeting is about 2 miles east from Norristown. Its real estate prices are substantially more expensive. The median home in Plymouth Meeting is valued at $364,700, which works out to $211,800 (58%) higher than Norristown. Rent there is a little more expensive. Plymouth Meeting's median rent is $1,592 a month, which comes out to $509 (31%) higher than Norristown.
Trooper
Trooper is roughly 3 miles northwest of Norristown. Its real estate prices are significantly more expensive. Trooper's median home cost is $324,200, which works out to $171,300 (52%) higher than Norristown. Its rents are similar. In Trooper the median monthly rent is $1,136, which works out to $53 (4%) higher than Norristown.
Conshohocken
Conshohocken is approximately 3 miles southeast from Norristown. Its real estate prices are significantly more expensive. The median home in Conshohocken costs $306,900, which works out to $154,000 (50%) higher than Norristown. Its rents are a lot more expensive. In Conshohocken the median monthly rent is $1,596, which is $513 (32%) higher than Norristown.
