Data as of July 2026. Source: Realtor.com.
The NORWAY, IA real estate market (52318) currently shows 2 active listings, with 2 pending sales. Homes are averaging 5 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 5 days on market compared to 74 days last year.
The median listing price has risen 15.3% year-over-year, from $267,450 to $308,500.
Whether you are buying or selling in NORWAY, IA, 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: 1,045 · Density: 11.5/mi² · Median household income: $95,682
Typical home value: $185,900 · Homeownership: 81.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 52318 | Norway, IA 52318 | 0.0 mi | 8 | $1,609,832 | $187,500 | $201,229 |
| 52354 | Watkins, IA 52354 | 5.1 mi | 1 | $135,000 | $135,000 | $135,000 |
| 52203 | Amana, IA 52203 | 5.5 mi | 3 | $1,423,332 | $575,000 | $474,444 |
| 52405 | Cedar Rapids, IA 52405 | 10.1 mi | 66 | $16,343,976 | $213,500 | $247,636 |
| 52338 | Swisher, IA 52338 | 10.6 mi | 16 | $10,883,664 | $649,400 | $680,229 |
| 52334 | South Amana, IA 52334 | 11.3 mi | 1 | $250,000 | $250,000 | $250,000 |
| 52346 | Van Horne, IA 52346 | 12.7 mi | 2 | $824,000 | $412,000 | $412,000 |
| 52401 | Cedar Rapids, IA 52401 | 13.6 mi | 8 | $795,600 | $99,450 | $99,450 |
| 52332 | Shellsburg, IA 52332 | 14.4 mi | 10 | $3,069,500 | $246,950 | $306,950 |
| 52402 | Cedar Rapids, IA 52402 | 15.2 mi | 134 | $32,978,606 | $199,875 | $246,109 |
| 52233 | Hiawatha, IA 52233 | 15.4 mi | 37 | $11,948,299 | $287,445 | $322,927 |
| 52340 | Tiffin, IA 52340 | 16.9 mi | 97 | $47,740,102 | $378,743 | $492,166 |
| 52403 | Cedar Rapids, IA 52403 | 17.2 mi | 102 | $28,610,898 | $175,000 | $280,499 |
As of July 2026, there are 2 active listings in NORWAY, IA (zip code 52318), compared to 8 the prior year.
The median listing price in NORWAY, IA 52318 is $308,500 as of July 2026, a 15.3% increase from $267,450 the prior year.
Homes in NORWAY, IA 52318 spend an average of 5 days on the market before going under contract, compared to 74 days the prior year.
Based on current inventory and days-on-market data as of July 2026, NORWAY, IA 52318 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 5 days on market compared to 74 days last year.
With SELL123.com's maximum 3% commission, sellers in NORWAY, IA 52318 save an estimated $6,170 compared to a typical 5% commission on the median listing price of $308,500. 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.