Data as of September 2026. Source: Realtor.com.
The NORWAY, IA real estate market (52318) currently shows 6 active listings, with 3 pending sales. Homes are averaging 35 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 selling faster, averaging 35 days on market compared to 64 days last year.
The median listing price has fallen 21.8% year-over-year, from $220,725 to $172,500.
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 September 2026, there are 6 active listings in NORWAY, IA (zip code 52318), compared to 10 the prior year.
The median listing price in NORWAY, IA 52318 is $172,500 as of September 2026, a 21.8% decrease from $220,725 the prior year.
Homes in NORWAY, IA 52318 spend an average of 35 days on the market before going under contract, compared to 64 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NORWAY, IA 52318 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 35 days on market compared to 64 days last year.
With SELL123.com's maximum 3% commission, sellers in NORWAY, IA 52318 save an estimated $3,450 compared to a typical 5% commission on the median listing price of $172,500. 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.