Housing in Norway, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$165,000

Median List Price

N/A

Price Per Sq Ft

$92

Days on Market

98

Active Inventory

8

Months of Supply

2.7

Seller's market

Zillow Home Value

$151,823

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 20.4%List Price 9.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

96.3%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

3

Pending Sales

6

Homes Sold 25.0%New Listings 50.0%Pending 20.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$92

Sale $/SF 20.0%List $/SF 24.3%Mar 24Jan 26

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

$87,300

Median Rent

$793

Total Housing Units

1,290

Vacancy Rate

2.6%

Owner Occupied

71.5%

Renter Occupied

28.5%

Median Property Tax

$1,497

per year

Monthly Cost (w/ Mortgage)

$693

Housing Types

Single Family
75.6%
Multi-Family
18.8%
Mobile Home
5.6%

The current median sale price in Norway, MI is $165,000 according to Redfin data. Homes spend a median of 98 days on the market. 0.0% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $92. The median rent is $793 per month (Census ACS). About 71.5% of housing units are owner-occupied. The median year homes were built is 1955. There are 1,290 total housing units.