Is Norristown, PA a good place to invest in rental property?

Norristown, PA has a median modeled monthly cash flow of $-464 and a median cap rate of 4.5%, on a median sold price of $312,000. Prices changed +4.7% year over year.

What is the average cap rate in Norristown, PA?

The median cap rate across recently sold homes in Norristown, PA is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Norristown, PA?

The median sold price in Norristown, PA is $312,000 (about $202 per square foot).

Investing in Norristown, PA Real Estate

A data-driven snapshot of the Norristown, PA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$312,000Median sold price

$202Median $/sqft

4.5%Median cap rate

$-464Modeled cash flow / mo

+4.7%Appreciation YoY

4.0Months of supply

187Active listings

562Sold (last 12 mo)

What the Norristown numbers say

In Norristown, PA, the median home sold for $312,000 (about $202 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-464 of monthly cash flow. Sold prices moved +4.7% over the past year. Inventory sits at about 4.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Pennsylvania markets to compare

See Norristown cash-flowing listings

CashFlowRE ranks every for-sale home in Norristown, PA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Norristown deals, or browse the national market data.