The Unshakable Investor

Unshakable ZIP Data 49870 | Norway, MI Housing Market

Norway · Dickinson County · Iron Mountain, MI-WI metro · Michigan · Data updated June 19, 2026

The median sale price in ZIP 49870, Norway, Michigan is $219,935 at $78 per square foot. 8 single-family homes sold in the latest period, up 64.7 percent from a year earlier. Homes sit a median of 186 days on market with 4.0 months of supply. Sellers are getting 95.9 percent of list price and 0.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$168,659
Average price per sq ft$60
Median sale price$219,935
Median sale price per sq ft$78
Median home size2,825 sq ft
Median new listing price$163,502+9.9%
National size rank15,614

Sales activity

MetricValueYear over year
Homes sold8+64.7%
Median days on market186 days
Months of supply4.0 months
New listings11+1.5%
Active listings20+19.2%
Pending sales11+123.0%

Pricing power

MetricValueYear over year
Average sale-to-list ratio95.9%-1.9 pts
Share sold above list0.0%0.0 pts

These figures describe the single-family market for Norway, Michigan ZIP 49870. They are market context, not a substitute for sold comps or a formal appraisal.