Market Intelligence · MI / Norway

Norway, MI 49870 Housing Market

The typical home in Norway, MI 49870 is valued at $165,235, down 1.2% over the past year. Sellers are listing at a median of $187,200, and homes are moving in a median of 29 days on market.

Updated August 2026Median value$165K

The median home value in Norway, MI 49870 is $165K as of August 2026, down 1.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 49870 range

$152K to $178K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.2% over 12 months

Typical home value in 49870 over the last 12 months: $167K in Aug 2025 to $165K in Aug 2026 (-1.2%).

Aug 2025$167K

Aug 2026$165K

The numbers

What is the 49870 housing market like?

Typical home value

$165K

Down1.2%YoY

Median list price

$187K

Down45.7%MoM

Days on market

29

Down37.0%MoM

Homes for sale

8

Up100.0%MoM

Price cuts

0.0%

New listings

4

Down33.3%MoM

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

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The comparison

How do 49870 home prices compare?

  • 49870$165,235
  • Norway$165,235
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Norway: 1 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

Norway, MI 49870 is a small market, with 8 homes for sale and 4 new listings as of 2026-08-01. The median list price sits at $187,200, above the typical home value of $165,235, which has slipped 1.2% over the past year. Homes are selling at a steady pace, with a median of 29 days on market. Notably, 0.0% of current listings carry a price cut, so sellers so far are holding their asking prices. For a seller, that means pricing realistically from the start matters more than testing the market high.

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20% · $33,047

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