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These days, finding an affordable place to live in the Norvelt area can be challenging. Home prices in Norvelt are now at a median cost of $163,800, lower than the Pennsylvania average of $222,630.
The average cost of rent is $693/mo in Norvelt, primarily driven by the current value of real estate in the Norvelt area. While nearly 37.72% of residents own their homes outright in Norvelt, 12.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norvelt is $5,692 per month. Households that rent pay about 12.17% of their income on rent here. Norvelt's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Calumet, PA: less expensive homes
- Carpentertown, PA: higher priced homes
- Pleasant Unity, PA: equally priced homes
- Kecksburg, PA: higher priced homes
- Mount Pleasant, PA: less expensive homes
- Youngwood, PA: less expensive homes
- Hunker, PA: equally priced homes
- South Greensburg, PA: less expensive homes
- Tarrs, PA: less expensive homes
- Rodney, PA: higher priced homes
Cities with Similar Populations
- Pomona, IL: equally priced homes
- Pilot Knob, IN: less expensive homes
- Pine Creek, MI: higher priced homes
- Pine Grove Beach, MI: less expensive homes
- Piney Bluff, GA: higher priced homes
- Piqua, KS: less expensive homes
- Plainfield, MI: higher priced homes
- Plainview, GA: higher priced homes
- Plant, AR: less expensive homes
- Pleasant Plains, NC: less expensive homes
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