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

Norristown, PA has a median modeled monthly cash flow of $-245 and a median cap rate of 5.3%, on a median sold price of $275,000. Prices changed +2.9% year over year.

What is the average cap rate in Norristown, PA?

The median cap rate across recently sold homes in Norristown, PA is 5.3%, 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 $275,000 (about $175 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.

$275,000Median sold price

$175Median $/sqft

5.3%Median cap rate

$-245Modeled cash flow / mo

+2.9%Appreciation YoY

7.1Months of supply

199Active listings

336Sold (last 12 mo)

What the Norristown numbers say

In Norristown, PA, the median home sold for $275,000 (about $175 per square foot), and the typical deal models out to a 5.3% cap rate with a median $-245 of monthly cash flow. Sold prices moved +2.9% over the past year. Inventory sits at about 7.1 months of supply — a looser, buyer-friendly market. 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.