Housing in Norway, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$156,900
Median List Price
N/A
Price Per Sq Ft
$93
Days on Market
50
Active Inventory
5
Months of Supply
5.0
Balanced market
Zillow Home Value
$256,613
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
98.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$93
Norway vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Norway is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$155,400
Median Rent
$1,063
Total Housing Units
226
Vacancy Rate
9.3%
Owner Occupied
96.1%
Renter Occupied
3.9%
Median Property Tax
$2,102
per year
Monthly Cost (w/ Mortgage)
$979
Housing Types
The current median sale price in Norway, IA is $156,900 according to Redfin data. Homes spend a median of 50 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $93. The median rent is $1,063 per month (Census ACS). About 96.1% of housing units are owner-occupied. The median year homes were built is 1963. There are 226 total housing units.