13 homes sold in Norway in the last year, at a typical $195K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Norway homes are listed.
Every place Norway homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Norway.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 85% of Norway’s sales, at a typical $184K
13 homes sold in the year to May 2026.
typical sale · 11 sold in 12 months
- Per square foot
- $111IA $158
- Days to sell
- 54
- Sold over asking
- 0%
- Listings with a price cut
- 53%
Condos: 2 sold, typical $255K
Too few sales in 12 months for reliable figures.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Norway
Check a listing against what Norway homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Owning the typical Norway home costs about $1,230 a month
Price: Norway’s typical sale, last 12 months. Property tax at Norway’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Norway is affordable on local pay is on Cost of living.
Four things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $195K home, about $2,550 a year.
Taxes vs. neighborsCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Norway, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Norway. People who follow the town see it, and so do people comparing Norway with their own town. No commission, no listing fee.
Questions about buying a home in Norway
What do homes sell for in Norway, IA?
13 homes sold in the year to May 2026 at a typical $195K, $114 a square foot.
Is Norway a buyer’s or seller’s market?
A seller’s market: 1 homes were for sale in May 2026 and 2 sold, about 0.5 months of supply. Buyers paid 94.2% of asking on average, and 41% of listings cut their price.
How much are property taxes in Norway?
About 1.3% of a home’s value a year. On a $195K home that’s near $2,550.
Where can I see homes for sale in Norway?
Zillow, Redfin, Realtor.com and Homes.com all carry Norway’s MLS listings; the search links above open each one filtered to Norway.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).