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market report · 49870
Norway, MI · 49870
6 active listings$174,950 median ask$2,512 est. rent1.4% price/rent
$174,950
Median list price
$2,512/mo
Estimated rent
1.4%
Price / rent ratio
6
Listings
FHFA home price index · 2016–2025
53.7% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.41
Median rent / sqft
6 comps
$93.14
Median sold / sqft
6 comps
—
Walkability
4.9%
Area unemployment
BLS LAUS
Median household income $75,179 · median home value $121,100 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 93).
top deals · highest rent-to-price
313 Mine St, Norway, MI 49870
Norway, MI
$59,000$2,159/mo3.7%
500 Iron St, Norway, MI 49870
Norway, MI
$115,000$2,415/mo2.1%
307 Iron St, Norway, MI 49870
Norway, MI
$125,000$2,066/mo1.7%
2130 Fifth Ave, Norway, MI 49870
Norway, MI
$264,900$3,278/mo1.2%
301 Brown St, Norway, MI 49870
Norway, MI
$224,900$2,608/mo1.2%
N1191 US Highway 8, Norway, MI 49870
Norway, MI
$397,900$2,960/mo0.7%