A+
38%
Med. Home Val. NAT. AVG.
35%
Rent NAT. AVG.
37%
Owner Occ. NAT. AVG.

Norway Housing Information

IndexNorwayIowaNational
Median home price$203,455$240,019$326,622
Median rent asked$942$1,071$1,444
Avg. people per household2.02.42.6
Owner occupied households87.3%71.1%63.6%
Renter occupied households12.7%28.9%36.4%

Norway Housing Market

Monthly market trends

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Housing Quick Facts

  • The median home price in Norway is 38% lower than the national average.
  • The median rent asked in Norway is 35% lower than the national average.
  • The average number of people per household in Norway is 23% lower than the national average.
  • The number of owner occupied households in Norway is 37% higher than the national average.
  • The number of renter occupied households in Norway is 65% lower than the national average.

Most Affordable Places to Live in and Around Norway

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Compare Norway, IA Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      East Amana, IA39$0100%
      Watkins, IA88$80,90075%
      Ladora, IA231$123,95362%
      Marengo, IA2,459$173,14047%
      Keystone, IA621$189,94342%
      Norway, IA463$203,45538%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Oak Valley, TX463$145,67755%
      Blanchard, PA463$275,53516%
      Chase, KS463$55,64983%
      Victor, CO463$233,78828%
      Huntleigh, MO463$2,493,033663%
      Norway, IA463$203,45538%
      Source: The Norway, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.