Market Summary

Norway, Benton County, IA

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Median Home Price Price

$248,505 $248.5K

Median Monthly Rent Rent

$1,348 $1.3K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Benton County

Region Price Rent GRM Display
$294,328 $1,047 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Benton County

Region Price Rent GRM Display
$252,017 $1,334 16.0x
$237,940 $828 24.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IA

Region Price Rent GRM Display
$294,297 $1,633 15.0x
$235,731 $1,291 15.0x
$168,580 $1,002 14.0x
$402,392 $1,727 19.0x
$274,457 $1,302 18.0x
$181,451 $1,100 14.0x
$335,653 $1,243 23.0x
$315,124 $1,332 20.0x
$287,564 $1,317 18.0x
$327,799 $2,071 13.0x
$251,807 $1,425 15.0x
$291,326 $1,261 19.0x
$251,676 $1,320 16.0x
$175,252 $1,230 12.0x
$229,809 $1,363 14.0x
$424,615 $1,338 27.0x
$268,417 $1,029 22.0x
$285,641 $1,264 19.0x
$274,669 $1,266 18.0x
$170,477 $1,145 12.0x
$284,578 $1,369 17.0x
$368,257 $1,923 16.0x
$309,958 $1,223 21.0x
$224,157 $1,286 14.0x
$270,411 $1,072 21.0x
$1,230,798 $1,226 84.0x
$203,511 $1,159 15.0x
$252,087 $993 21.0x
$307,560 $1,369 19.0x
$270,761 $1,332 17.0x
$323,971 $1,166 23.0x
$382,023 $1,328 24.0x
$138,275 $1,136 10.0x
$317,034 $1,177 22.0x
$273,833 $1,275 18.0x
$330,311 $1,356 20.0x
$214,347 $1,338 13.0x
$198,233 $1,268 13.0x
$217,950 $1,205 15.0x
$494,618 $1,291 32.0x
$324,184 $1,743 16.0x
$463,150 $1,492 26.0x
$234,388 $1,626 12.0x
$565,486 $1,417 33.0x
$159,531 $1,007 13.0x

Home prices

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Monthly rent

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GRM

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Norway

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Trend Insights

Median Rent in Norway, IA is $1,348, with MoM change +$15 and YoY change +$115 pointing to positive momentum while volatility is low (std $30).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Norway, IA.

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Metric
Base market Norway, IA
Compare market Select a market
Delta vs base
Median rent
$1,348
N/A
Median price
$248,505
N/A
YoY change
+$115
N/A
Price-to-rent
15.4x
Data unavailable
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