Norwich, MI housing market
Home prices around Norwich have risen about 62% over the past 5 years.
Home values, sales, trends and how Norwich compares with the towns next door — updated as new data is published.
Home prices up 62% in 5 years
The federal house price index for the ZIP codes around Norwich rose 62% over the past 5 years, faster than across Michigan (52%). Last year prices rose 3.2%.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +3.1% | +134% | +97% |
| 2024 | +9.3% | +127% | +88% |
| 2023 | +5.9% | +108% | +76% |
| 2022 | +18% | +96% | +64% |
| 2021 | +15% | +67% | +45% |
| 2020 | +4.2% | +45% | +30% |
| 2019 | +6% | +39% | +26% |
| 2018 | +8% | +31% | +20% |
| 2017 | +3.8% | +22% | +12% |
| 2016 | +7.1% | +17% | +5.3% |
| 2015 | +6.1% | +9.4% | 0% |
| 2014 | +3.3% | +3.2% | −4.7% |
| 2013 | −0.5% | −0.2% | −12% |
| 2012 | −3% | +0.4% | −16% |
| 2011 | −6.6% | +3.4% | −16% |
| 2010 | −4% | +11% | −12% |
| 2009 | −4.4% | +15% | −5% |
| 2008 | −2.8% | +21% | +3.5% |
| 2007 | −4.9% | +24% | +11% |
| 2006 | +3% | +30% | +16% |
| 2005 | +4.7% | +27% | +18% |
| 2004 | +4.8% | +21% | +14% |
| 2003 | +2.1% | +15% | +10% |
| 2002 | +5.2% | +13% | +8.3% |
| 2001 | +7.3% | +7.3% | +5% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 49307, 49338, 49349, covering 83% of Norwich’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Norwich and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Norwich | — | +3.2%† | $1,020 | — | $80,625 |
| Barton | $167K | +11.9% | $1,080 | 5 | $54,375 |
| Monroe | — | −3.6%† | $990 | — | $42,500 |
| Big Rapids | $227K | +6.7% | $1,010 | 11 | $64,083 |
| Goodwell | — | −3.6%† | $970 | — | $63,750 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,020
HUD's Fair Market Rent for a two-bedroom in Norwich is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Norwich pay a median of $2,083.
Studio $720 · 4 bedrooms $1,430
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49307, 49338, 49349; Mecosta County, MI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.