Home prices
The median home in Norvelt is valued at $153,100. This is about $14,000 (10%) higher compared to its surrounding areas.In comparison to the US as a whole it is approximately $64,400 (29%) lower, and it is roughly $28,100 (22%) higher compared to the city of Pittsburgh.
Rents
Norvelt's median rent is $1,074 a month. Compared to its surrounding areas this is about $380 (54%) higher.Compared to the country as a whole it is approximately $12 (1%) higher, and it is about $116 (12%) higher in comparison to the city of Pittsburgh.
Nearby places
Calumet
Calumet is Norvelt's neighbor to the north. The real estate prices there are a little less expensive. The median home price in Calumet is $134,600, which works out to $18,500 (13%) lower than Norvelt. The rent there is a lot less expensive. Calumet's median rent is $630 per month, which is $444 (70%) lower than Norvelt.
Mammoth
Mammoth is approximately 1 mile east of Norvelt. Housing prices there are a little more expensive. Mammoth's median home cost is $170,400, which comes out to $17,300 (10%) higher than Norvelt. The rent there is substantially less expensive. The median rent in Mammoth is $641 per month, which comes out to $433 (67%) lower than Norvelt.
Mount Pleasant
Mount Pleasant is approximately 4 miles southwest from Norvelt. The housing prices there are significantly less expensive. The median home in Mount Pleasant costs $97,800, which comes out to $55,300 (56%) lower than Norvelt. Rent there is substantially less expensive. Mount Pleasant's median monthly rent is $704, which works out to $370 (52%) lower than Norvelt.
Youngwood
Youngwood is approximately 4 miles northwest of Norvelt. The housing prices there are a lot less expensive. The median home cost in Youngwood is $113,000, which is $40,100 (35%) lower than Norvelt. Rents there are substantially less expensive. Youngwood's median rent is $663 a month, which works out to $411 (61%) lower than Norvelt.
New Stanton
New Stanton is approximately 5 miles west from Norvelt. Housing prices there are a bit more expensive. The median home cost in New Stanton is $179,700, which works out to $26,600 (14%) higher than Norvelt. The rent there is a little less expensive. In New Stanton the median monthly rent is $832, which comes out to $242 (29%) lower than Norvelt.