Norwich, MI housing market
Home prices around Norwich have risen about 75% 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 75% in 5 years
The federal house price index for the ZIP codes around Norwich rose 75% over the past 5 years, faster than across Michigan (52%). Last year prices rose 9.1%.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +9.1% | +158% | +97% |
| 2024 | +3.9% | +136% | +88% |
| 2023 | +17% | +128% | +76% |
| 2022 | +13% | +95% | +64% |
| 2021 | +17% | +73% | +45% |
| 2020 | −0.1% | +47% | +30% |
| 2019 | +10% | +48% | +26% |
| 2018 | +5.9% | +34% | +20% |
| 2017 | +5.6% | +26% | +12% |
| 2016 | +3.1% | +20% | +5.3% |
| 2015 | +6.2% | +16% | 0% |
| 2014 | +3.6% | +9.3% | −4.7% |
| 2013 | −1.4% | +5.5% | −12% |
| 2012 | −3.8% | +7% | −16% |
| 2011 | −4% | +11% | −16% |
| 2010 | −7.3% | +16% | −12% |
| 2009 | −4.5% | +25% | −5% |
| 2008 | +2.1% | +31% | +3.5% |
| 2007 | −4.8% | +28% | +11% |
| 2006 | −0.5% | +35% | +16% |
| 2005 | +11% | +35% | +18% |
| 2004 | +6.9% | +22% | +14% |
| 2003 | +3.2% | +14% | +10% |
| 2002 | +2.7% | +11% | +8.3% |
| 2001 | +7.9% | +7.9% | +5% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 49651, 49667, covering 87% 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 | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Norwich | +9.1%† | $990 | — | $58,750 |
| Pioneer | +8.8%† | $990 | — | $42,417 |
| Garfield | +5.9%† | $1,260 | — | $70,417 |
| West Branch | +9.1%† | $990 | — | $58,917 |
| Lyon | +11.8%† | $1,010 | 4 | $68,472 |
† 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 $990
HUD's Fair Market Rent for a two-bedroom in Norwich is $990 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Norwich pay a median of $1,260.
Studio $700 · 4 bedrooms $1,310
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49651, 49667; Missaukee 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.