Real Estate Price Maphome prices by county

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…

Data as of · by the Real Estate Price Map data team · methodology & sources

Iron County is accelerating and undervalued — very affordable for what people here earn.

Momentum+10.2%Heating up
Valuation-19%Undervalued
Affordability9/10Very affordable
Market35 daysBalanced

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

Typical value$150,7002026-05
1-year+10.2%
5-year+39.5%
10-year+62.0%
Since 2000n/a
Population11k2024
Median income$49,1372023 · 3.1× income
New homes/yr1562024
Price / sq ft$150listings
Days on market352026-06
Active listings812026-06
Price cuts14%of listings

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 →

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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?
The typical home in Iron County is worth $150,700 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Iron County rising or falling?
Prices are up +10.2% over the past year and n/a since 2000 — a seller's market.
Is Iron County affordable?
At 3.1× the local median income of $49,137, Iron County is more affordable than the typical US county.
How fast do homes sell in Iron County?
Homes here take a median of 35 days to sell, with 14% of listings cutting their asking price.
Median home value by year
YearMedian 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