Housing & Real Estate — Norway, Iowa
Overview
| Total Housing Units | 226 |
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| Occupied | 205 |
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| Vacant | 21 |
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| Owner-Occupied | 197 |
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| Renter-Occupied | 8 |
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| Median Home Value (Census) | $158,400 |
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| Estimated 2026 | ~$165,000 |
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| Median Rent | $1,063/mo |
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| Median Property Tax | $2,073/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
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| Rent as % of Income | 16.6% |
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| Severely Rent-Burdened | 41.2% |
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Housing Age
| Built 2010 or later | 2 |
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| Built 2000-2009 | 21 |
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| Built 1990-1999 | 22 |
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| Built before 1960 | 120 |
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| Median Year Built | 1962 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
