2 days on Rocket
$938 Closing Credit¹
#50171149, JORDYN LEONARDUZZI, Listing Office: RE/MAX NORTH COUNTRY
Iron County Housing Market Report March 2025•Iron County, Michigan
Housing Prices in Iron County, MI
How much do homes in Iron County, MI cost?
Housing Market Conditions
Is Iron County, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Iron County is a Neutral Market
Difference Since February 2025
Last month, Iron County was a Seller's Market.
Insight
Iron County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$122,000$100/SqFt
+$12,000
+10.9%
Based on all homes sold in March 2025
Insight
Homes in Iron County have sold for 10.9% more than they did a month ago.
Summary: The median home sold price in Iron County was $122,000 in March 2025, up 10.9% from last month, and the median price per square foot was $100.
Median Sold Price By Counties
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| Dickinson County | $157.4K | $193K | +22.6% |
| Iron County | $110K | $122K | +10.9% |
| Florence County | $243.1K | $200K | -17.7% |
| Forest County | $435K | $250K | -42.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $115K | - | N/A |
| 22 Bedrooms | $129.9K | $60K | -53.8% |
| 33 Bedrooms | $110K | $119K | +8.2% |
| 44 Bedrooms | $40.1K | $638K | +1491.0% |
| 55+ Bedrooms | - | $250K | N/A |
Summary: Iron County housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -53.8%. The home price for 3 bedroom homes increased by +8.2%. The home price for 4 bedroom homes increased by +1491.0%. The home price for 5 bedroom homes did not change.
How does Iron County, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Iron County, MI
Housing supply in Iron County, MI
How many homes are available in Iron County, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 63Last MonthMar 2025 | ||
| 612 months agoFeb 2025 | +3.3 % Change MoMFeb – Mar |
Summary: The Iron County real estate market had 63 homes for sale in Mar 2025, a 3.3 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthMar 2025 | ||
| 112 months agoFeb 2025 | -9.1 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 44 Bedrooms | 9 | 9 | 0.0% |
| 11 Bedroom | 5 | 5 | 0.0% |
| 22 Bedrooms | 13 | 11 | -15.4% |
| 33 Bedrooms | 32 | 33 | +3.1% |
| 55+ Bedrooms | 2 | 5 | +150.0% |
Summary: Iron County housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 4 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -15.4%. The inventory for 3 bedroom homes increased by +3.1%. The inventory for 5 bedroom homes increased by +150.0%.
Asking Price vs. Sold Price
How much do homes in Iron County, MI cost?
Over Asking Price1 Home
At Asking Price5 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in Iron County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Iron County in March 2025, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and and 10% were sold over asking.
Days on Market for Iron County, MI
How long does it take to sell a home in Iron County, MI?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days3 Homes
Over 90 Days1 Home
Insight
Many homes in Iron County are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 10 homes were sold in Iron County; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 29 DaysLast MonthMar 2025 | ||
| 108 Days1 month agoFeb 2025 | -72.7 % Change MoMFeb – Mar |
Summary: Homes in Iron County had an average listing age of 29 days in Mar 2025, down by 72.7% compared to the previous month.
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Newest Listings in Iron County, MI
What homes are available in Iron County, MI?
2 days on Rocket
$2,197 Closing Credit¹
#50171092, STEPHEN REMONDINI, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
4 days on Rocket
$3,438 Closing Credit¹
#50170888, STEPHEN REMONDINI, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
4 days on Rocket
$2,730 Closing Credit¹
#50170871, STEPHEN REMONDINI, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
6 days on Rocket
$1,543 Closing Credit¹
#50170609, ZACHARY GOODMAN, Listing Office: KELLER WILLIAMS CLASSIC REALTY NM
$2,844 Closing Credit¹
#50170294, JORDYN LEONARDUZZI, Listing Office: RE/MAX NORTH COUNTRY
$2,963 Closing Credit¹
#50169955, KELLY WATERS, Listing Office: U.P. RIVERLAND REALTY
#50169768, STEPHEN REMONDINI, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
#50169255, GARY WATTERS, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
#50169189, STEPHEN REMONDINI, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
$1,068 Closing Credit¹
#50169174, STEPHEN REMONDINI, Listing Office: STEPHENS REAL ESTATE-IRON RIVER
$2,136 Closing Credit¹
#50169136, BETSY SAWICKY, Listing Office: STEPHENS REAL ESTATE
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, for the period 02/01/2025 - 04/01/2025
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 1:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.