Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norvell area can be challenging. Home prices in Norvell are now at a median cost of $219,954, higher than the Michigan average of $196,062.
The average cost of rent is $1,004/mo in Norvell, primarily driven by the current value of real estate in the Norvell area. While nearly 38.36% of residents own their homes outright in Norvell, 2.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norvell is $6,606 per month. Households that rent pay about 15.20% of their income on rent here. Norvell's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Napoleon, MI: less expensive homes
- Oak Shade Park, MI: equally priced homes
- Grass Lake, MI: higher priced homes
- Sharon Hollow, MI: higher priced homes
- Brooklyn, MI: equally priced homes
- Manchester, MI: higher priced homes
- Jefferson, MI: less expensive homes
- Leoni, MI: less expensive homes
- Michigan Center, MI: less expensive homes
- Cambridge Junction, MI: less expensive homes
Cities with Similar Populations
- Organ Cave, WV: less expensive homes
- Millheim, PA: less expensive homes
- Montra, OH: less expensive homes
- Moodys, OK: less expensive homes
- Moscow, IA: less expensive homes
- Mount Calm, TX: less expensive homes
- Mount Sherman, KY: less expensive homes
- Mousie, KY: less expensive homes
- New Bloomington, OH: less expensive homes
- New Century, KS: higher priced homes
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