Data as of July 2026. Source: Realtor.com.
The NORWAY, MI real estate market (49870) currently shows 10 active listings, with 5 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 46 days on market compared to 37 days last year.
The median listing price has risen 50.1% year-over-year, from $229,900 to $344,975.
Whether you are buying or selling in NORWAY, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 3,510 · Density: 23.4/mi² · Median household income: $56,429
Typical home value: $106,326 · Homeownership: 77.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49870 | Norway, MI 49870 | 0.0 mi | 7 | $1,562,869 | $174,900 | $223,267 |
| 49801 | Iron Mountain, MI 49801 | 6.5 mi | 29 | $7,831,856 | $176,850 | $270,064 |
| 49802 | Kingsford, MI 49802 | 9.9 mi | 22 | $4,029,498 | $169,950 | $183,159 |
| 49834 | Foster City, MI 49834 | 11.5 mi | 3 | $1,248,801 | $329,900 | $416,267 |
| 49847 | Hermansville, MI 49847 | 17.3 mi | 1 | $62,500 | $62,500 | $62,500 |
| 54156 | Pembine, WI 54156 | 18.9 mi | 7 | $3,101,931 | $365,000 | $443,133 |
| 49815 | Channing, MI 49815 | 21.7 mi | 6 | $1,281,498 | $174,925 | $213,583 |
| 49874 | Powers, MI 49874 | 22.3 mi | 1 | $65,000 | $65,000 | $65,000 |
| 49902 | Alpha, MI 49902 | 25.9 mi | 4 | $703,668 | $149,900 | $175,917 |
| 49920 | Crystal Falls, MI 49920 | 26.7 mi | 20 | $3,430,900 | $149,900 | $171,545 |
| 49821 | Daggett, MI 49821 | 27.6 mi | 6 | $2,143,050 | $374,450 | $357,175 |
| 54120 | Fence, WI 54120 | 29.6 mi | 2 | $567,500 | $283,750 | $283,750 |
| 49807 | Bark River, MI 49807 | 31.5 mi | 4 | $1,371,352 | $354,500 | $342,838 |
As of July 2026, there are 10 active listings in NORWAY, MI (zip code 49870), compared to 14 the prior year.
The median listing price in NORWAY, MI 49870 is $344,975 as of July 2026, a 50.1% increase from $229,900 the prior year.
Homes in NORWAY, MI 49870 spend an average of 46 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of July 2026, NORWAY, MI 49870 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in NORWAY, MI 49870 save an estimated $6,900 compared to a typical 5% commission on the median listing price of $344,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.