Norway, MI Housing Market
The Norway housing market is somewhat competitive. The median sale price of a home in Norway was $147K last month, down 21.3% since last year. The median sale price per square foot in Norway is $196, up 142.0% since last year.
Norway Housing Market Trends
In October 2024, Norway home prices were down 21.3% compared to last year, selling for a median price of $147K.
since last year
since last year
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How hot is the Norway housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 51 days.
- Hot homescan sell for around list price and go pending in around 28 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 62 days.
- Hot homescan sell for about 2% above list price and go pending in around 43 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 54 days.
- Hot homescan sell for about 1% above list price and go pending in around 34 days.
Norway Migration & Relocation Trends
View houses in Norway that sold recently
Recently sold homes
- $139,000 Last Sold Price3 beds1 bath1,268 sq ft522 Iron St, Norway, MI 49870(906) 774-1300List Price$144,900Sale to List4% under listDays on Market74 days522 Iron St, Norway, MI 49870
- $212,900 Last Sold Price3 beds2 baths1,170 sq ft224 Main St, Norway, MI 49870(906) 779-5333List Price$213,900Sale to List0% under listDays on Market68 days224 Main St, Norway, MI 49870
- $182,000 Last Sold Price3 beds2 baths924 sq ft328 12th Ave, Norway, MI 49870(906) 774-8570List Price$182,000Sale to List0% over listDays on Market49 days328 12th Ave, Norway, MI 49870
- $395,000 Last Sold Price3 beds2 baths2,912 sq ftW5476 River Meadows Ln, Norway, MI 49870(906) 774-8570List Price$395,000Sale to List0% over listDays on Market1 dayW5476 River Meadows Ln, Norway, MI 49870
- $163,000 Last Sold Price3 beds1 bath1,302 sq ft308 12th Ave, Norway, MI 49870(906) 828-2525List Price$176,900Sale to List8% under listDays on Market49 days308 12th Ave, Norway, MI 49870
- $130,000 Last Sold Price2 beds1 bath1,087 sq ft319 Section St, Norway, MI 49870(906) 774-1300List Price$129,900Sale to List0% over listDays on Market115 days319 Section St, Norway, MI 49870
- $74,900 Last Sold Price3 beds1.5 baths1,294 sq ft1910 Sixth Ave, Norway, MI 49870(906) 779-5333List Price$74,900Sale to List0% over listDays on Market47 days1910 Sixth Ave, Norway, MI 49870
- $156,900 Last Sold Price4 beds2 baths1,812 sq ft619 Iron St, Norway, MI 49870(906) 774-1300List Price$159,900Sale to List2% under listDays on Market78 days619 Iron St, Norway, MI 49870
See all recently sold homes in Norway.
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Schools in Norway
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Norway Elementary School Public • PreK-5 | 270 Students | 3 reviews |
Climate's impact on Norway housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Norway.
Flood Factor - Minor
Flood Factor
Fire Factor - Major
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minimal
Heat Factor
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