A typical Norway home is worth roughly $320,000
What kind of housing town is Norway?
Read from the numbers below. The page puts what stands out first.
1 of Norway’s houses are on the National Register
Half of Norway’s homes were built before 1938.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.
What it takes to buy in Norway
Try your own numbers below.
That covers a typical Norway home, with $21K to spare.
A two-bedroom rents for about $1,080 a month here, $870 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,080
Renters already here pay a median of $1,045.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Fillmore County, MN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Norway vs. its neighbors
The towns that share a border with Norway. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Norway | $320K* | — | $1,080 | — | $77,969 |
| Rushford Village | $377K | +7.4% | $1,100 | 2 | $106,719 |
| Holt | — | −15.9%† | $990 | — | $107,917 |
| Yucatan | — | −1.6%† | $1,090 | — | $103,125 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Norway buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.