Norway, MI Real Estate

According to census data in the year 2000 there were 1,394 housing units in Norway. This represents a 6.3% growth from 1,311 in 1990.

Of those housing units, 1,081 were located in either urbanized areas or urban clusters, and 313 were located in what is classified as a rural area.

Homeownership rate in Norway is about 75.7%. Norway's vacancy rate, including seasonal lodging, is about 7.2%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Norway were built after 1943.


Housing Size

Housing Units by Size
Studio Type0.10%
One Bedroom9.30%
Two Bedrooms29.30%
Three Bedrooms47.70%
Four Bedrooms12%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1940
Median Value of occupied units$53,800
Median Price asked for vacant units$46,700

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1953
Median Monthly Rent asked for vacant units$331

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan3.90%
Simple Mortgage44%
Debt Free48.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%