Population: 1,045 · Density: 11.5/mi² · Median household income: $95,682
Typical home value: $185,900 · Homeownership: 81.0%
Data as of January 2026. Source: Realtor.com.
The NORWAY, IA real estate market (52318) currently shows 7 active listings, with 1 pending sales. Homes are averaging 67 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 67 days on market compared to 34 days last year.
The median listing price has fallen 16% year-over-year, from $279,900 to $235,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 52318 | Norway, IA 52318 | 0.0 mi | 7 | $1,460,620 | $235,000 | $208,660 |
| 52354 | Watkins, IA 52354 | 5.1 mi | 1 | $135,000 | $135,000 | $135,000 |
| 52203 | Amana, IA 52203 | 5.5 mi | 4 | $1,902,000 | $575,000 | $475,500 |
| 52315 | Newhall, IA 52315 | 8.6 mi | 1 | $198,500 | $198,500 | $198,500 |
| 52209 | Blairstown, IA 52209 | 10.3 mi | 3 | $682,500 | $227,500 | $227,500 |
| 52404 | Cedar Rapids, IA 52404 | 10.8 mi | 166 | $44,123,962 | $239,990 | $265,807 |
| 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 | 6 | $883,698 | $129,950 | $147,283 |
| 52332 | Shellsburg, IA 52332 | 14.4 mi | 9 | $2,879,640 | $254,000 | $319,960 |
| 52402 | Cedar Rapids, IA 52402 | 15.2 mi | 136 | $33,589,144 | $199,000 | $246,979 |
| 52233 | Hiawatha, IA 52233 | 15.4 mi | 25 | $8,024,450 | $289,945 | $320,978 |
| 52340 | Tiffin, IA 52340 | 16.9 mi | 80 | $39,249,200 | $384,990 | $490,615 |
As of January 2026, there are 7 active listings in NORWAY, IA (zip code 52318), compared to 5 the prior year.
The median listing price in NORWAY, IA 52318 is $235,000 as of January 2026, a 16% decrease from $279,900 the prior year.
Homes in NORWAY, IA 52318 spend an average of 67 days on the market before going under contract, compared to 34 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NORWAY, IA 52318 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 67 days on market compared to 34 days last year.
With SELL123.com's maximum 3% commission, sellers in NORWAY, IA 52318 save an estimated $4,700 compared to a typical 5% commission on the median listing price of $235,000. 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.