Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norristown area can be challenging. Home prices in Norristown are now at a median cost of $137,213, lower than the Indiana average of $175,617.
The average cost of rent is $790/mo in Norristown, primarily driven by the current value of real estate in the Norristown area. While nearly 44.51% of residents own their homes outright in Norristown, 11.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norristown is $5,633 per month. Households that rent pay about 14.03% of their income on rent here. Norristown's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Flat Rock, IN: higher priced homes
- Lewis Creek, IN: equally priced homes
- Old St. Louis, IN: equally priced homes
- Pleasure Valley, IN: higher priced homes
- Rugby, IN: higher priced homes
- Hope, IN: equally priced homes
- Fenns, IN: equally priced homes
- Prescott, IN: equally priced homes
- Mount Auburn, IN: higher priced homes
- Burney, IN: higher priced homes
Cities with Similar Populations
- Byrneville, FL: less expensive homes
- Touristville, KY: equally priced homes
- Chama, CO: less expensive homes
- Center Lovell, ME: higher priced homes
- Cassville, NJ: higher priced homes
- Cane Creek, KY: less expensive homes
- Campbell Station, AR: less expensive homes
- Camp San Saba, TX: higher priced homes
- Cambra, PA: higher priced homes
- Calvertville, IN: less expensive homes
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