Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$151,563
Range: $119,327-$190,962
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Property Facts
516 Walnut St, Norristown, PA is a auto repair (& related), garage home that contains 2,773 Sq. Ft. and was built in 1890. It contains 0 bedrooms and 0 bathrooms. This home last sold for $45,000 on 12/19/2002.
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County:MONTGOMERY
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Year Built:1890
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Living Area:2,773 Sq. Ft.
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Lot Size:2,614 Sq. Ft.
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Property History
Price History
Date
Event
Price
Source
12/19/2002
Sold
$45,000
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2021
$494 (0%)
$12,360 (+26.12%)
2020
$494 (+30%)
$9,800 (+1.66%)
2019
$380 (0%)
$9,640 (+2.55%)
2018
$380 (+43.4%)
$9,400 (+47.8%)
2017
$265 (0%)
$6,360 (0%)
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Sales in a non-disclosure state
Address
Sold Price
Details
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This Property
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2 Bed
1 Bath
1,287 Sq. Ft.
1955 Year Built
1
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2
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3
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4
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5
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6
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7
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8
7440 Herndon Road
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$267,000
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9
7745 Squire Court
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10
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Sales in a non-disclosure state
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Market Trends
Norristown
19401
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
May 2024
$310,000
Apr 2025
$332,000
Change
+7.1%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represents the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
May 2024
84 Days
Apr 2025
98 Days
Change
+16.7%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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2 Years
5 Years
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Area Statistics
People
ZIP (19401)
City (Norristown)
Population
42,104
35,607
Population Density
6,984.7
10,130
People Per Household
2.5
2.6
Median Age
35.7
33.6
Median Household Income
$60,334
$55,354
Average Income
$30,880
$26,468
Economy
ZIP (19401)
City (Norristown)
Unemployment
2.60%
3.00%
Recent Job Growth
1.10%
1.10%
Future Job Growth
41.40%
40.80%
Sales Tax
6.00%
6.00%
Income Tax
3.07%
3.07%
Cost of Living Index
98.6
95.5
Environment
ZIP (19401)
City (Norristown)
Altitude
135
154
Rainfall (Inches Annually)
46.9
46.9
Snowfall (Inches Annually)
16.7
16.7
January Avg. Low Temp
21.2
21.2
July Avg. High Temp
87.2
87.2
Days of Precipitation Annually
113
113
Days Mostly Sunny Annually
205
209
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
9-12
2.7 mi
K-8
0 mi
9-12
1.2 mi
2-12
3.1 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
