Iron County, MI home prices
Iron County, MI: the typical home is worth $150,700 as of 2026-05, up +10.2% over the past year and n/a since 2000. Listings run about $150/sq ft. Rent…
Iron County is accelerating and undervalued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1992: $42,824 → 2026: $150,700 (3.5×) pre-2000 estimated via FHFA index
Market read
At $150,700, homes in Iron County sit 34% below the Michigan median ($228,626) and 36% below the US median ($233,954). That ranks #79 of 83 Michigan counties by price.
Prices are climbing fast (+10.2% in the last year) — a seller's market.
Homes here move at a steady pace — a median 35 days on the market, with 14% of listings cutting their asking price.
At 3.1× local income, that's more affordable than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~19% cheap for local incomes and rents — a relative bargain.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Florence County, WI ($204,113) · Dickinson County, MI ($182,220) · Forest County, WI ($228,952) · Baraga County, MI ($168,270) · Vilas County, WI ($404,461) · Marquette County, MI ($257,934)
Frequently asked questions
What is the average home price in Iron County, MI?
Are home prices in Iron County rising or falling?
Is Iron County affordable?
How fast do homes sell in Iron County?
| Year | Median home value |
|---|---|
| 2010 | $71,456 |
| 2011 | $74,736 |
| 2012 | $77,937 |
| 2013 | $83,567 |
| 2014 | $83,158 |
| 2015 | $84,063 |
| 2016 | $91,237 |
| 2017 | $87,564 |
| 2018 | $87,111 |
| 2019 | $89,121 |
| 2020 | $89,761 |
| 2021 | $103,938 |
| 2022 | $114,171 |
| 2023 | $117,681 |
| 2024 | $117,982 |
| 2025 | $129,348 |
| 2026 | $144,157 |