Data as of September 2026. Source: Realtor.com.
The NORWAY, MI real estate market (49870) currently shows 18 active listings, with 7 pending sales. Homes are averaging 37 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 37 days on market compared to 72 days last year.
The median listing price has fallen 26.7% year-over-year, from $224,900 to $164,900.
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 September 2026, there are 18 active listings in NORWAY, MI (zip code 49870), compared to 17 the prior year.
The median listing price in NORWAY, MI 49870 is $164,900 as of September 2026, a 26.7% decrease from $224,900 the prior year.
Homes in NORWAY, MI 49870 spend an average of 37 days on the market before going under contract, compared to 72 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NORWAY, MI 49870 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 72 days last year.
With SELL123.com's maximum 3% commission, sellers in NORWAY, MI 49870 save an estimated $3,298 compared to a typical 5% commission on the median listing price of $164,900. 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.