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Norway, MI Home Values and Rents
The typical home value in Norway is $158,881, 418th highest of 442 cities and towns in Michigan. Median rent is $885 a month.
- Typical home value
- $158,881
- 418th of 442 in MI
- Median rent
- $885/mo
- ACS 2020-2024
- Price change, 1 year
- -1.4%
- Sep 2026
- Homeownership
- 75.0%
- MI: 73.2%
Typical home value in Norway
Zillow Home Value Index, all homes, middle tier
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| Period | Norway |
|---|---|
| Sep 2026 | $158,881 |
| Dec 2025 | $156,463 |
| Dec 2024 | $167,765 |
| Dec 2023 | $157,907 |
| Dec 2022 | $133,861 |
| Dec 2021 | $125,737 |
| Dec 2020 | $123,759 |
| Dec 2019 | $112,294 |
| Dec 2018 | $104,128 |
| Dec 2017 | $85,805 |
| Dec 2016 | $87,114 |
| Dec 2015 | $86,920 |
| Dec 2014 | $85,829 |
| Dec 2013 | $91,302 |
Over five years, Norway prices changed +29.6%.
Source: Zillow Research · Last updated 09/01/2026
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Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 49870 | $121,100 | $870 | -7.1% | +33.9% |
Fair Market Rents, FY2027
HUD rent standard for Dickinson County, MI
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $723 | +4.9% |
| 1 bedroom | $879 | +4.5% |
| 2 bedrooms | $1,014 | +4.2% |
| 3 bedrooms | $1,258 | +6.4% |
| 4 bedrooms | $1,469 | -10.0% |
Frequently asked questions
- What is the typical home value in Norway, MI?
- The typical home value in Norway is $158,881 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
- How much is rent in Norway?
- The median rent in Norway is $885 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
- Are home prices going up in Norway?
- The typical home value in Norway changed -1.4% over one year and +29.6% over five years, as of Sep 2026.
- How does Norway compare with the rest of Michigan?
- Norway has the 418th highest median home value of 442 cities and towns with 1,000+ residents in Michigan.
- Which ZIP code in Norway has the highest home values?
- ZIP code 49870 has the highest median home value at $121,100.