$2,968 Closing Credit¹
#2775115, Corey Jackson, Listing Office: LPT Realty LLC
Iron City Housing Market Report January 2025•Wayne County, Tennessee
Housing Prices in Iron City, TN
How much do homes in Iron City, TN cost?
Median List Price
$364,900$192/SqFt
+$35,900
+10.9%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Iron City has increased by 10.9% since last year.
Summary: The median home list price in Iron City was $364,900 in January 2025, up 10.9% from the previous year, and the median price per square foot was $192.
Median List Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Iron City | $297K | $364.9K | +22.9% |
| Iron City | $329K | $364.9K | +10.9% |
| Saint Joseph | $256.7K | $236.5K | -7.9% |
Median List Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $75K | $119.9K | +59.9% |
| 22 Bedrooms | $389K | $199.9K | -48.6% |
| 33 Bedrooms | $265K | $364.9K | +37.7% |
| 44 Bedrooms | $629K | $499K | -20.7% |
| 55+ Bedrooms | $329K | $225K | -31.6% |
Summary: Iron City housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +59.9%. The home price for 2 bedroom homes decreased by -48.6%. The home price for 3 bedroom homes increased by +37.7%. The home price for 4 bedroom homes decreased by -20.7%. The home price for 5 bedroom homes decreased by -31.6%.
Housing supply in Iron City, TN
How many homes are available in Iron City, TN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthJan 2025 | ||
| 152 months agoDec 2024 | +6.7 % Change MoMDec – Jan |
Summary: The Iron City real estate market had 16 homes for sale in Jan 2025, a 6.7 % increase compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 4 | 4 | 0.0% |
| 33 Bedrooms | 6 | 7 | +16.7% |
| 44 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Iron City housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Iron City, TN cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Iron City, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Iron City in January 2025, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Iron City, TN
How long does it take to sell a home in Iron City, TN?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Iron City are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 2 homes were sold in Iron City; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 108 DaysThis YearJan 2025 | ||
| 122 Days1 year agoJan 2024 | -11.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Iron City had an average listing age of 108 days in Jan 2025, down by 11.5% compared to the previous year.
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Newest Listings in Iron City, TN
What homes are available in Iron City, TN?
Backup offers
$10,000 Closing Credit¹
#2773120, Ronald Delozier, Listing Office: Tennessee Real Estate Pros
$4,982 Closing Credit¹
#2767075, Brent Webb, Listing Office: Southern Tennessee Realty
$4,501 Closing Credit¹
#2765966, Stacey Springer, Listing Office: Coldwell Banker Southern Realty
$5,688 Closing Credit¹
#2763630, Stacey Springer, Listing Office: Coldwell Banker Southern Realty
$5,094 Closing Credit¹
#2761002, Tommy Johnson, Listing Office: Southern Tennessee Realty
Video tour
$1,661 Closing Credit¹
#2759749, Corey Jackson, Listing Office: LPT Realty LLC
$1,188 Closing Credit¹
#2759212, Lauren Hankins, Listing Office: Land of The South Realty
Backup offers
#2748366, Stacey Springer, Listing Office: Coldwell Banker Southern Realty
$5,926 Closing Credit¹
#2739359, Jerri Etienne, Listing Office: Coldwell Banker Southern Realty
$742 Closing Credit¹
#2705059, Shavonda M. Polk, Listing Office: Polk Property Real Estate
$7,469 Closing Credit¹
#2699860, Christie Hagan, Listing Office: Coldwell Banker Southern Realty
Nearby markets
Nearby markets aren't available for Iron City, TN
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MLS Disclaimers and Copyright
Based on information from RealTracs Middle Tennessee Regional MLS, for the period 02/01/2023 - 02/01/2025
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
© 2025 of the REALTRACS MLS. All rights Reserved. The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 5:18:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.