Skip to main content

IA area data

Norway, IA

Norway, IA.

Population: 1,099 (Census ACS)

Home values & appreciation

Median home value
$276,465
1-year appreciation
+5.3%
3-year appreciation
+16.2%
5-year appreciation
+36.1%
10-year appreciation
+72.7%
All-time peak (2026-07)
$276,465
House Price Index
379.0 (+3.7% YoY)

Market activity

Median sale price
$168,000
Median list price
$240,000
Median days on market
30 days
Sale-to-list ratio
91.1%
Active listings
1
1-year forecast
+1.8%

Rents

2-bedroom fair-market rent (HUD reference)
$1,088/mo
3BR fair-market rent
$1,415/mo

Affordability

Cost of living index (Low)
89.5 (100 = US avg)
Electricity rate (state-level)
13.7¢/kWh
Natural gas rate (state-level)
$10.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
0
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
drought, hail, strongWind
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
62.0°F
Average low
44.0°F
Annual precipitation
30.0 in
Annual snowfall
26.3 in

Walkability & transit

Walkability index
4.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Herbert Hoover National Historic Site (32 mi)
Nearest airport
Rich Field (5 mi)
Nearest major airport
The Eastern Iowa Airport (CID) (9 mi)
Hospitals nearby (~15 mi)
3
Avg hospital rating
4.5 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
+9 tax filers

Housing stock

Median year housing built
1,945
Median annual property tax
$2,493
Households with broadband internet
83.1%

Employment & development

Total county employment
4,343
Average weekly wage
$923
Top industries (by employment)
Health Care, Construction, Wholesale Trade
Annual residential building permits (county)
27

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents