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Norway real estate Market Report.

Information and statistics on the latest trends in the Norway real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$169K
-11% from Q2 '26
Median list price
$183K
-0.7% from Q2 '26
Active listings
7
+133% from Q2 '26
Homes sold
4
-33% from Q2 '26
New pendings
5
+150% from Q2 '26
New listings
7
+250% from Q2 '26

Quarterly Pricing Trends for Norway

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Norway Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $173K Median sale price in Apr 2022 - Jun 2022: $78K Median sale price in Jul 2022 - Sep 2022: $152K Median sale price in Oct 2022 - Dec 2022: $140K Median sale price in Apr 2023 - Jun 2023: $133K Median sale price in Jul 2023 - Sep 2023: $165K Median sale price in Oct 2023 - Dec 2023: $210K Median sale price in Apr 2024 - Jun 2024: $177K Median sale price in Jul 2024 - Sep 2024: $143K Median sale price in Oct 2024 - Dec 2024: $196K Median sale price in Apr 2025 - Jun 2025: $265K Median sale price in Jul 2025 - Sep 2025: $128K Median sale price in Oct 2025 - Dec 2025: $229K Median sale price in Jan 2026 - Mar 2026: $217K Median sale price in Apr 2026 - Jun 2026: $189K Median sale price in Jul 2026 - Sep 2026: $169K Median list price in Oct 2021 - Dec 2021: $130K Median list price in Jan 2022 - Mar 2022: $100K Median list price in Apr 2022 - Jun 2022: $145K Median list price in Jul 2022 - Sep 2022: $165K Median list price in Oct 2022 - Dec 2022: $142K Median list price in Jan 2023 - Mar 2023: $140K Median list price in Apr 2023 - Jun 2023: $145K Median list price in Jul 2023 - Sep 2023: $65K Median list price in Oct 2023 - Dec 2023: $259K Median list price in Jan 2024 - Mar 2024: $120K Median list price in Apr 2024 - Jun 2024: $180K Median list price in Jul 2024 - Sep 2024: $175K Median list price in Oct 2024 - Dec 2024: $280K Median list price in Jan 2025 - Mar 2025: $252K Median list price in Apr 2025 - Jun 2025: $165K Median list price in Jul 2025 - Sep 2025: $155K Median list price in Oct 2025 - Dec 2025: $260K Median list price in Jan 2026 - Mar 2026: $260K Median list price in Apr 2026 - Jun 2026: $185K Median list price in Jul 2026 - Sep 2026: $183K Oct 2021 - Dec 2021 Median sale price $173K Median list price $130K Jan 2022 - Mar 2022 Median sale price Unknown Median list price $100K Apr 2022 - Jun 2022 Median sale price $78K Median list price $145K Jul 2022 - Sep 2022 Median sale price $152K Median list price $165K Oct 2022 - Dec 2022 Median sale price $140K Median list price $142K Jan 2023 - Mar 2023 Median sale price Unknown Median list price $140K Apr 2023 - Jun 2023 Median sale price $133K Median list price $145K Jul 2023 - Sep 2023 Median sale price $165K Median list price $65K Oct 2023 - Dec 2023 Median sale price $210K Median list price $259K Jan 2024 - Mar 2024 Median sale price Unknown Median list price $120K Apr 2024 - Jun 2024 Median sale price $177K Median list price $180K Jul 2024 - Sep 2024 Median sale price $143K Median list price $175K Oct 2024 - Dec 2024 Median sale price $196K Median list price $280K Jan 2025 - Mar 2025 Median sale price Unknown Median list price $252K Apr 2025 - Jun 2025 Median sale price $265K Median list price $165K Jul 2025 - Sep 2025 Median sale price $128K Median list price $155K Oct 2025 - Dec 2025 Median sale price $229K Median list price $260K Jan 2026 - Mar 2026 Median sale price $217K Median list price $260K Apr 2026 - Jun 2026 Median sale price $189K Median list price $185K Jul 2026 - Sep 2026 Median sale price $169K Median list price $183K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
14
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Inventory in Norway, Iowa is tight in this rolling three-month view, with just 7 active listings and only 1.6 months of supply. New listings are up sharply year over year, rising about 18 percent, yet available homes are still down more than 20 percent from a year ago. Pending sales have grown roughly 26 percent over the same period, showing that buyers are acting quickly when homes do come on the market.

Prices have been adjusting even as demand stays solid. The typical home value is up nearly 32 percent compared with a year earlier, while the median list price has climbed more than 18 percent year over year.

Homes are moving at a brisk pace, with a median of just 7 days on market in the most recent three-month window, only slightly slower than a year ago. Almost 60 percent of listings are going off market within two weeks, yet the average sale-to-list price ratio sits around 92 percent and no recent sales closed above asking, indicating buyers still have some room to negotiate. Market conditions overall lean toward sellers, but both sides face important tradeoffs on pricing and timing. Agent Pronto can connect buyers and sellers with an experienced local agent who understands these trends and can guide each step of the process.



Learn more about what Norway has to offer.

Norway offers residents a close-knit community with friendly neighbors, reliable local services, quality schools, and abundant outdoor and cultural opportunities.

Norway immediately feels distinct from nearby Cedar Rapids and Iowa City, offering a small-town rhythm shaped by deep Norwegian heritage and a proud baseball tradition. Quiet streets, long-time family businesses, and local events give daily life a familiar pace that larger communities nearby cannot replicate.

Residents value gathering spaces like the ballfields tied to the Iowa Baseball Museum of Norway, while families appreciate the close connection to the Benton Community School District. For outdoor time, it is easy to reach the Cedar Valley Nature Trail near Cedar Rapids or explore regional recreation at Lake Macbride State Park. Everyday errands and dining are supported by nearby services in Linn County and the broader Benton County area.

Housing in Norway ranges from long-held family homes to newer construction on the edges of town. Inventory can be limited, so buyers benefit from understanding local pricing trends and how quickly well-kept properties move. Sellers see strong interest from people seeking a quieter setting with easy access to regional employment.

In a market this local, timing and preparation matter. Agent Pronto can connect you with a Norway real estate agent who understands the community, helping buyers compete effectively and helping sellers position their homes for the best possible results.

Find your Norway real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Jess was awesome to work with! We ended up having some obstacles come up with the house we were buying and she did a great job communicating with us and the buyers for our house the entire time! I truly don't think there was any other duo (Jess & Mallori) that could have handled the situation better and I would reccomend them to anyone who asked!”

Caitlin Kounkel · Sergeant Bluff, IA

Photo of Jess Jager
Century 21 ProLink
“As a first time home buyer if i had to do it again, I wouldn't pick anyone else to help me through one of the most important decisions of my life. Kelly held my hand through the whole process, I could not ask more from a realtor. The way she broke down everything so i could understand how the process would go. Was available for all my questions and concerns but most of all the ease of the process. I have heard house buying can be stressful but not for me and thats all thanks to that amazing lady named Kelly! Your the best”

Danielle Pickens · Cedar Rapids, IA

Photo of Kelly Fretto
Pinnacle Realty
“Jon was very helpful with everything this was my first time purchasing a home and he made it very smooth!!”

Tanner McGeehon · Oquawka, IL

Photo of Jon Salvador
Century 21
“We have worked with Mallori before and wouldnt have it any other way. She is amazing at her job and goes above and beyond for her clients. Looking forward to working with her again in the future!”

Isabella Bradstreet · Sioux City, IA

Photo of Hoffert Homes Group
Century 21 ProLink
“We had a wonderful experience working with Jen Putnam Dvorak on the purchase of our new property. The process was handled professionally, with attention to detail and great communication. We would highly recomend her services.”

KW · IA

Photo of Jen Dvorak
Hall Realty
“Roxanne did an awesome job through the whole process of searching for and buying a house. She was very responsive, kind, patient, gave great advice, and went above and beyond to help us!”

Ellen Lahart ·

Photo of Rundall Group
Keller Williams Greater Des Moines
“She was great, did a outstanding job helping us buy our first home, especially since I barley new what I was doing she helped with everything pointed us in the right direction on certain things helped us understand what we doing and was very patient while looked at quite a few homes in different towns we highly recommend her and her team”

Devyn Roberts ·

Photo of April Spencer
Hometown Realty
“Hands down the best realtor I've ever worked with. Matt truly cares that his clients find what they're actually looking for, not just closing a sale. On the buying side, he was great at pointing out concerning items during showings, and he was especially valuable during our blue tape walkthrough on our new house. He was clearly on our side the whole time and helped keep communication with the builder clear and moving. He also did a fantastic job selling our previous home. Matt is professional, respectful, and genuinely easy to work with. I'd recommend him to anyone buying or selling, and we'll be calling him again next time.”

sedinh1 ·

Photo of Matt Fuelberth
Berkshire Hathaway Iowa Realty Mills Crossing
“I honestly couldn’t have asked for a better realtor. From the very beginning, I felt like I was working with someone who genuinely cared about me and what I was looking for—not just someone trying to close a deal. Isaiah was always there when I had questions, he kept me informed throughout the process, and made me feel comfortable even when things got stressful. I really appreciated his patience, honesty, and willingness to go the extra mile. Buying a home can be overwhelming, but having the right person by your side makes such a difference. I’m so grateful for all their help and for making the whole experience such a positive one. I would absolutely recommend Isaiah Thomas to anyone looking to buy or sell a home! 🏡❤️”

Minika Clarke · Des Moines, IA

Photo of Isaiah Thomas
Century 21 Signature Real Estate
“Justin was very helpful and always on top of getting documents sent, answering questions, finding listings and more. He was very polite and always on time.”

Andrew M. Slater ·

Photo of Justin Ver Steeg
RE/MAX Precision
“Matt did a great job on selling my property. The advertising was excellent and didn't need to lower the price”

Darlene Lutterman · Grundy Center, IA

Photo of Team Wikert
RE/MAX Concepts
“I cannot recommend Kathy Miller with RE/MAX Precision highly enough. I live 3,000 miles away from my 87-year-old parents and was devastated that I couldn't be there in person to help them sell their long-time (40 years!) home and purchase a new one—a monumental task in itself! Kathy didn't just act as their realtor; she became a trusted protector and guide. She took the time to explain every detail patiently to them both, kept me informed across time zones, and handled both transactions with incredible grace and professionalism. Kathy went above and beyond by helping them downsize—even sitting down with them to gently suggest what furniture to take to the new house and what to sell. From beautifully presenting their home and connecting them with movers for the heavy lifting, to conquering big, last-minute details, Kathy was there every step of the way—sharing in their excitement through all the hard work. Knowing my parents were in such safe, ethical, and capable hands gave our entire family complete peace of mind. If you want an agent who delivers flawless results, look no further.”

Molly Taiber ·

Photo of Kathy Miller
RE/MAX Precision
“Ryan is, above all else, kind and thoughtful. He genuinely cares about the people he works with and about the community he lives in. He thinks about the impact of his decisions, and he has never treated real estate like it's just another transaction. I've worked with Ryan through several transactions and have watched him repeatedly make decisions that meant less profit for himself because doing the right thing mattered more. That's not something you see every day, and it's one of the reasons I trust him so deeply. I've also seen him go far beyond what anyone would expect of a realtor—helping clients and community members in ways that have nothing to do with making a sale. He shows up for people simply because it's who he is. Ryan is truly good. He's a gift to his clients and to our community. People trust him because he leads with empathy, integrity, and a genuine desire to leave people better than he found them. If you have the chance to work with him, I can't recommend him highly enough.”

zuser20170422194927984 ·

Photo of dsmSOLD Team
Keller Williams Legacy Group
“Mike did an excellent job helping us with the purchase of our home. The process was made smooth and easy with his experience and professionalism. He was understanding and made sure we knew and understood all of the steps being taken.”

lescollier99 ·

Photo of Matthew Carper
Better Homes & Gardens Real Estate Good Life Group
“Matt was excellent throughout the entire process of helping me buy my duplex. He made the transaction incredibly smooth, took the time to walk me through every step, and was always available to answer my questions. I always felt confident knowing he was there to guide me from start to finish. What impressed me most was that his commitment didn't end after closing. I initially hired a property management company to lease the duplex, but after several months they were unable to find tenants. I reached out to Matt, and he had the property leased within a week. That really showed me how knowledgeable, responsive, and dedicated he is. I highly recommend Matt to anyone looking to buy or sell real estate. He truly goes above and beyond for his clients, and I wouldn't hesitate to work with him again.”

Simone Martinez ·

Photo of Garyj and Consultants
Zealty Home Advisors
“Paul is amazing, he is very knowledgeable and knows what to look out for in buying a good home. He is down to earth and easy to talk with making sure I understand everything clearly. He is not your everyday realtor, he will go above and beyond to help you! I trust Paul with all my questions on selling and buying a home.”

Danielle Chafen ·

Photo of Paul Walter
RE/MAX Concepts
“Troy is simply a superb realtor....his extensive knowledge and experience cover all facets of the market and home ownership. His understanding of local markets is unmatched blended with the highest standards of professional integrity. He is a clear communicator and remains exceptionally calm under pressure coupled with his honest, caring approach to all aspects of the process of purchasing a home. Look no further. He's your realtor.”

CONSTANCE GROSS ·

Photo of Troy Stierwalt
Realty One Group Impact
“Bianca did an amazing job with the sale of our home and purchasing a new home. She answered all our questions that came up during both buying and selling! She was patient with our search to make sure we found the right one!”

rosekelley73 ·

Photo of The Riverview Group
Epique Realty
“He did an outstanding job for just starting in the business. He sold my house in under a month of being on the market. He then helped me search the surrounding area to find my current home.”

WilliamGrimes7 ·

Photo of Giles Cowell
Realty One Group Realty One Movement
“Chelsi and her team were a true delight to work with! From beginning to end they remained incredibly kind, professional and promptly answered all of our questions and concerns thoroughly. TRULY A 5 STAR AGENT! Any buyer or seller would be lucky to have them in their corner.”

leslie6931 ·

Photo of The Robinson Group
The Robinson Group Powered by Epique Realty LLC

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Norway. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.