49870, MI Housing Market
The 49870 housing market is somewhat competitive. The median sale price of a home in 49870 was $129K over the last 3 months, down 19.4% since the same period last year. The median sale price per square foot in 49870 is $94, down 41.5% since last year.
49870 Housing Market Trends
Over the three months ending August 2026, 49870 home prices were down 19.4% compared to the same period last year, selling for a median price of $129K. On average, homes in 49870 sell after 46 days on the market compared to 39 days last year. There were 13 homes sold in August this year, up from 12 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 49870 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 9 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 62 days.
- Hot homescan sell for around list price and go pending in around 32 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 42 days.
- Hot homescan sell for about 3% above list price and go pending in around 17 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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 34 days.
- Hot homescan sell for about 9% above list price and go pending in around 6 days.
View houses in 49870 that sold recently
Recently sold homes
- $189,000 Last Sold Price3 beds2 baths1,500 sq ftW5421 Ranch Rd, Norway, MI 49870(906) 774-8570List Price$194,999Sale to List3% under listDays on Market111 daysW5421 Ranch Rd, Norway, MI 49870
- $25,000 Last Sold Price3 beds2 baths2,127 sq ft313 Mine St, Norway, MI 49870(906) 774-8570List Price$39,000Sale to List36% under listDays on Market60 days313 Mine St, Norway, MI 49870
- $259,900 Last Sold Price3 beds3 baths3,344 sq ft2130 Fifth Ave, Norway, MI 49870(906) 774-1300List Price$264,900Sale to List2% under listDays on Market47 days2130 Fifth Ave, Norway, MI 49870
- $160,000 Last Sold Price3 beds1.5 baths1,646 sq ft225 Belgium Town Rd #225, Norway, MI 49870(906) 221-5272List Price$160,000Sale to List0% over listDays on Market-28 days225 Belgium Town Rd #225, Norway, MI 49870
- $407,500 Last Sold Price3 beds2.5 baths2,584 sq ftN1191 US Hwy 8, Norway, MI 49870(906) 779-5333List Price$397,900Sale to List2% over listDays on Market29 daysN1191 US Hwy 8, Norway, MI 49870
- $80,000 Last Sold Price4 beds2.5 baths4,328 sq ftN1475 Forest Dr, Norway, MI 49870(906) 774-8570List Price$80,000Sale to List0% over listDays on Market-4 daysN1475 Forest Dr, Norway, MI 49870
- $120,000 Last Sold Price3 beds1.5 baths1,092 sq ft810 Section St, Norway, MI 49870(906) 828-2525List Price$119,900Sale to List0% over listDays on Market55 days810 Section St, Norway, MI 49870
- $115,000 Last Sold Price2 beds2 baths1,244 sq ft500 Iron St, Norway, MI 49870(906) 774-8570List Price$115,000Sale to List0% over listDays on Market35 days500 Iron St, Norway, MI 49870
See all recently sold homes in 49870.
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Schools in 49870
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Norway Elementary School Public • PreK-5 | 290 Students | 3 reviews |
Climate's impact on 49870 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 49870.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minimal
Heat Factor

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