Current Price

$481,089

1 Month Forecast

â–² $543,665

1-Year Forecast *

â–² $584,395

5-Year Forecast *

â–² $703,912

"Is it a good time to buy homes in Norway?" "Does investing in real estate in Norway (Wisconsin State, Racine County) worth it?" According to our live Forecast System, buying a house in Norway is a good short-term (1-year) investment*. The Norway average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Norway" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Norway in Wisconsin State, Racine County. If you are looking for homes for sale with good flipping profit, Norway can be a profitable property investment option. The median price of an average house in Norway was 481,089 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Norway" area is 703,912 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +46.32% meaning that investing 100000 USD today may yield a profit of 46,316 USD by 2031.

Current Median Listing Price: 481,089 USD Median Listing Price Per Square Foot: 267 USD

Norway Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Norway (Wisconsin State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Norway Price Target

Norway median home price target in 12 months: $584,395* (upside of 21.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $518,919 $539,705 $518,919 $539,705
2024 $450,792 $481,089 $450,674 $481,089
2023 $446,328 $451,690 $446,328 $465,442
2022 $418,670 $441,181 $418,670 $445,270
2021 $371,847 $415,609 $371,847 $415,609
2020 $335,346 $366,024 $335,346 $366,024
2019 $316,916 $333,831 $316,916 $333,831
2018 $294,550 $314,124 $294,550 $314,124
2017 $278,207 $294,016 $278,207 $294,016
2016 $262,676 $277,087 $262,676 $277,087
2015 $248,242 $260,492 $245,909 $260,492
2014 $242,626 $248,922 $242,626 $249,216
2013 $225,366 $242,217 $225,366 $242,217
2012 $220,522 $223,928 $218,816 $223,928

Questions & Answers about the Norway Housing Market Forecast

How much does an average home cost in Norway today?

The value of an average home (the listing price) in Norway is $481,089 USD.

What is the average price per square foot in Norway?

According to Walletinvestor the median price per square foot in Norway is 267 USD.

Will the median listing price of homes in Norway grow / rise / go up?

Yes. The Norway home prices may rise from 481,089 USD to 584,395 USD in one year.

Is it profitable to invest in Norway homes?

Yes. The long-term profit potential is +21.47% in one year.

Will Norway house prices fall / drop?

No. See above.

What is the predicted price of a Norway home in 2030?

The predicted home sales price of a Norway home in 2030 in Norway is 649,613 USD.

What is the predicted price of a Norway home in 2035?

The predicted home sales price of a Norway home in 2035 in Norway is 851,720 USD.

Will real estate prices decrease in Norway?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Norway is the 10140. largest city in the United States, located in Wisconsin State.

During the last 12 months the real estate prices in Racine, Norway decreased, looking at the past 12 months.

According to Walletinvestor's Norway real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.683% to 481,089 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 22.423% in 2021
  • 22.943% in 2022
  • 20.413% in 2023
  • 19.913% in 2024
  • 21.053% in 2025
  • 23.023% in 2026

Based on our Norway real estate market research and report the predicted sales prices will increase by 599.530% in the next 10 years.

Over the last 12 months, the value of homes in Norway fluctuated: increasing 4 times .

Norway (Wisconsin) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Norway Housing Market Forecast with Real Estate Prices for 2025
August 2025 543665 492017 595313
September 2025 547654 509318 585990
October 2025 551673 519676 583670
November 2025 555720 524600 586841
December 2025 558842 529223 588460
Norway Housing Market Forecast with Real Estate Prices for 2026
January 2026 561873 530408 593337
February 2026 565138 527839 602437
March 2026 568588 534473 602704
April 2026 571717 537414 606020
May 2026 575912 543661 608163
June 2026 580138 548230 612045
July 2026 584395 529461 639328
August 2026 588682 552773 624592
September 2026 593002 563352 622652
October 2026 597353 552551 642154
November 2026 598249 564149 632349
December 2026 596901 538405 655398
Norway Housing Market Forecast with Real Estate Prices for 2027
January 2027 594112 545989 642235
February 2027 591458 534678 648238
March 2027 591135 558622 623647
April 2027 593387 558970 627803
May 2027 597741 558290 637192
June 2027 602126 567203 637050
July 2027 606545 573185 639904
August 2027 610995 559060 662930
September 2027 613114 573875 652354
October 2027 610249 557157 663341
November 2027 607397 550909 663885
December 2027 604558 561030 648087
Norway Housing Market Forecast with Real Estate Prices for 2028
January 2028 604420 557880 650961
February 2028 605796 568237 643355
March 2028 607689 551782 663596
April 2028 605901 570153 641650
May 2028 604697 559345 650049
June 2028 604540 551945 657134
July 2028 608975 577309 640642
August 2028 613444 569889 656998
September 2028 616553 563530 669577
October 2028 619596 586138 653055
November 2028 621397 582871 659924
December 2028 625645 566834 684456
Norway Housing Market Forecast with Real Estate Prices for 2029
January 2029 628219 567910 688528
February 2029 632829 581569 684088
March 2029 637472 587749 687195
April 2029 642149 590135 694163
May 2029 646861 593171 700550
June 2029 648461 605663 691260
July 2029 649613 613235 685992
August 2029 653901 610090 697713
September 2029 658699 597440 719958
October 2029 663533 629692 697373
November 2029 668154 614034 722275
December 2029 673057 635366 710748
Norway Housing Market Forecast with Real Estate Prices for 2030
January 2030 677995 634604 721387
February 2030 682970 637211 728729
March 2030 687981 628127 747835
April 2030 691845 655869 727821
May 2030 695598 626733 764462
June 2030 699640 661160 738120
July 2030 703912 634928 772895
August 2030 707785 646916 768655
September 2030 712979 643107 782850
October 2030 718210 662908 773512
November 2030 723480 660537 786422
December 2030 728788 677044 780532
Norway Housing Market Forecast with Real Estate Prices for 2031
January 2031 734136 687885 780386
February 2031 739522 668528 810516
March 2031 740632 676197 805067
April 2031 738963 668762 809164
May 2031 735509 668578 802441
June 2031 732224 664860 799589
July 2031 731824 666692 796957
August 2031 734612 677312 791912
September 2031 740002 696342 783662
October 2031 745432 705179 785685
November 2031 750901 693833 807970
December 2031 756411 706488 806334
Norway Housing Market Forecast with Real Estate Prices for 2032
January 2032 759035 695276 822794
February 2032 755488 701092 809883
March 2032 751957 713607 790307
April 2032 748442 693806 803079
May 2032 748271 708613 787930
June 2032 749975 702726 797223
July 2032 752318 692885 811751

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.