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Downtown Norway MichiganPhoto: RomanKahler · CC BY-SA 4.0
Housing in Norway

38 homes sold in Norway in the last year, at a typical $176K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Norway homes are listed.

Homes sold
38
June 2025 to May 2026
Typical sale price
$176K
median, weighted by sales
Price per square foot
$99
Michigan $172
Paid vs. asking
97.2%
13% sold over asking
For sale now
6
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 95% of Norway’s sales, at a typical $176K

38 homes sold in the year to May 2026.

Houses$176K

typical sale · 36 sold in 12 months

Per square foot
$103MI $172
Days to sell
64
Sold over asking
14%
Listings with a price cut
22%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $220K
Condos: 1 sold, typical $220K

Too few sales in 12 months for reliable figures.

11 years of sales

About as many homes sell as usual, at 2.2 times the 2016 price

38 sales in the last year, against 48 in 2021 and a low of 25 in 2014. The typical sale went from $80K in 2016 to $176K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2013: 29 sold, typical $63K’132014: 25 sold, typical $50K2016: 26 sold, typical $80K’162017: 38 sold, typical $62K2018: 40 sold, typical $70K’182019: 26 sold, typical $120K2020: 31 sold, typical $112K’202021: 48 sold, typical $109K2022: 40 sold, typical $137K’222024: 37 sold, typical $129K2025: 36 sold, typical $157K’25Last 12 months: 38 sold, typical $176KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Norway

Houseat $103 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

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.

What the sales history says · 11 years of sales

Bidding wars in Norway are rarer than before the pandemic, but a quarter fewer homes come up for sale

We read every month of Norway’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 38 sales.

If you’re buying in Norway

  • Shop in June. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Offer under asking. Buyers paid 97.2% of the list price on average; 13% paid over.
  • You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 74 days.
Best time to buy

Summer brings the homes; fall brings the bidding wars

June has the most new listings (about 5 a month), but September is the most competitive: 34% of September sales close over asking. January has the least competition (7%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 3 new listings a month, 7% sold over asking, 116 days to sellJFeb: 2 new listings a month, 32% sold over asking, 115 days to sellFMar: 3 new listings a month, 19% sold over asking, 136 days to sellMApr: 2 new listings a month, 12% sold over asking, 169 days to sellAMay: 4 new listings a month, 8% sold over asking, 122 days to sellMJun: 5 new listings a month, 25% sold over asking, 100 days to sellJJul: 5 new listings a month, 27% sold over asking, 113 days to sellJAug: 5 new listings a month, 26% sold over asking, 73 days to sellASep: 4 new listings a month, 34% sold over asking, 79 days to sellSOct: 3 new listings a month, 26% sold over asking, 103 days to sellONov: 3 new listings a month, 24% sold over asking, 87 days to sellNDec: 2 new listings a month, 19% sold over asking, 92 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Michigan

Norway now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price13%19%27%31%
Gone within two weeksShare of homes under contract within 14 days22%1%0%43%
Listings with a price cutShare of homes for sale that cut their price19%——28%
Price paid vs. askingAverage sale price ÷ list price97.2%94.9%98.6%98.4%
Days to sellMedian days from listing to contract741318333
Supply

11 homes for sale on a typical day

That’s 1.5 times the 2022 low (8), 25% fewer than in 2017–19 and well under 2013’s 20.

2013: 20 for sale’132014: 17 for sale2016: 15 for sale2017: 18 for sale’172018: 15 for sale2019: 12 for sale2020: 12 for sale’202021: 12 for sale2022: 8 for sale2024: 9 for sale’242025: 11 for saleLast 12 months: 11 for saleNow

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Norway home costs about $1,143 a month

Mortgage
Property tax
Insurance
Rent

Price: Norway’s typical sale, last 12 months. Property tax at Norway’s 1.5% (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.

Before you buy in Norway

Six things worth knowing

5

New listings in June

The month with the most choice. December has the fewest, about 2.

Best time to buy
1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $176K home, about $2,690 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Norway, from test results, graduation and how much students grow.

Schools in Norway
14 min

Typical commute

The average one-way trip to work for people who live in Norway.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Norway, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Iron Mountain105$163K$11023%65
Kingsford68$147K$12325%58
Norway38$176K$9913%74

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

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, MI?

38 homes sold in the year to May 2026 at a typical $176K, $99 a square foot.

Is Norway a buyer’s or seller’s market?

A seller’s market: 6 homes were for sale in May 2026 and 2 sold, about 3 months of supply. Buyers paid 97.2% of asking on average, and 19% of listings cut their price.

When is the best time to buy in Norway?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Norway?

About 1.5% of a home’s value a year. On a $176K home that’s near $2,690.

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).