Market Intelligence · MI / Dickinson County

Norway, MI home prices and housing market

1 ZIP market liveData updated September 2026Typical value$163K1-yr changeDown1.3%

The typical home value in Norway, MI is $163K as of September 2026, down 1.3% from a year ago, based on the Zillow Home Value Index. In the typical Norway ZIP code, the median list price is $165K and homes spend a median of 37 days on market as of September 2026 (Realtor.com).

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The coverage

Norway, by the numbers.

Typical home valueZillow ZHVI, September 2026
$163K
1-yr changeMedian across Norway ZIPs
-1.3%
ZIP markets live
1
County
Dickinson County

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12-month value trend

-1.3% over 12 months

Typical home value in Norway over the last 12 months: $165K in Sep 2025 to $163K in Sep 2026 (-1.3%).

Sep 2025$165K

Sep 2026$163K

Median Zillow home value index across Norway's ZIP codes.

Context

Norway's housing market has softened modestly over the past year. The typical home value stands at $163,380, down 1.3% from a year ago. As of September 2026, there are 11 homes for sale with a median list price of $164,900. Homes are spending a median of 37 days on the market, and 24.2% of listings have seen price reductions. The combination of modest inventory and price softening suggests sellers should be realistic about timing and competition if they choose to list.

The numbers

What is the housing market like in Norway, MI?

Typical home value

$163K

Down1.3%YoY

Median list price

$165K

Days on market

37

Homes for sale

11

Price cuts

24.2%

New listings

8

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Norway's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Norway, MI home prices over time

Typical home values in Norway, MI are down 1.3% over the past year, from $165K in September 2025 to $163K in September 2026.

Typical home value in Norway, MI, September of each year
MonthTypical value1-yr change
September 2026$163,380-1.3%
September 2025$165,460No prior year

Typical value is the median Zillow Home Value Index across Norway ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Norway, MI a buyer's or seller's market?

Norway, MI leans toward a seller's market.

Homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 37 days on market and 24% of listings with a price cut in the typical Norway ZIP code, and 8 new listings against 11 active listings across Norway, as of September 2026 (Realtor.com).

The outlook

Norway housing market forecast 2027

+1.6%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Norway ZIP code, points to typical home values rising 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in Norway fell 1.3%, per the Zillow Home Value Index.

Will home prices drop in Norway?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Norway shows typical home values rising 1.6% by September 2027, after a 1.3% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Norway ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Norway?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Norway, MI home prices.

What is a typical home worth in Norway, MI?

As of September 2026, the typical home value in Norway is $163,380, which is down 1.3% over the past year.

How long do homes stay on the market in Norway?

Homes in Norway spend a median of 37 days on the market as of September 2026.

How many homes are currently for sale?

There are 11 homes for sale in Norway as of September 2026, with 8 new listings added recently. About 24.2% of active listings have experienced a price cut.

Are home prices going up or down in Norway, MI?

Typical home values in Norway, MI are down 1.3% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Norway, MI a buyer's or seller's market?

Norway, MI leans toward a seller's market. Homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 37 days on market and 24% of listings with a price cut in the typical Norway ZIP code, and 8 new listings against 11 active listings across Norway, as of September 2026 (Realtor.com).

Nearby markets

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