49870
Norway, Michigan.
Norway, Dickinson County, MI · Iron Mountain, MI-WI metro · population 3,509
to buy the typical home at today's mortgage rate — +$439 (+105%) since Jan 2020.
- 1 year
- Down $2,080 -1%
- $165,460$163,380 since Sep 2025
- 5 years
- Up $37,137 +29%
- $126,242$163,380 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 49870$858
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in zip 49870 fell 1.3% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Norway, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 49870
Mid-tier homes, smoothed and seasonally adjusted.
- 49870$163,380
- Iron Mountain$184,731
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 6.5 | 49801 | Iron Mountain | 11,860 | — | $195,922 |
| 9.1 | 49892 | Vulcan | 2,037 | — | $223,353 |
| 9.9 | 49802 | Kingsford | 5,975 | — | $155,475 |
| 11.4 | 54151 | Niagara | 3,411 | — | $185,452 |
| 15.0 | 49831 | Felch | 524 | — | $169,553 |
| 17.3 | 49847 | Hermansville | 1,083 | — | $162,795 |
| 18.9 | 54156 | Pembine | 1,502 | — | $184,296 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.