Iron River Housing Market Report February 2025Bayfield County, Wisconsin

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Housing Prices in Iron River, WI

How much do homes in Iron River, WI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$375,000$211/SqFt
+$20,500
+5.8%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Iron River has increased by 5.8% since last year.

Summary: The median home list price in Iron River was $375,000 in February 2025, up 5.8% from the previous year, and the median price per square foot was $211.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Iron River
+5.8%
Delta
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$199.9K$185K
-7.5%
2$349K$337K
-3.4%
3$387K$399K
+3.1%
4$360K$490K
+36.1%
5-$375K
N/A

Summary: Iron River housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -7.5%. The home price for 2 bedroom homes decreased by -3.4%. The home price for 3 bedroom homes increased by +3.1%. The home price for 4 bedroom homes increased by +36.1%. The home price for 5 bedroom homes did not change.

How does Iron River, WI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Iron River, WI

Housing supply in Iron River, WI

How many homes are available in Iron River, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
17Last MonthFeb 2025
172 months agoJan 2025
0.0 %
Change MoMJan – Feb

Summary: The Iron River real estate market had 17 homes for sale in Feb 2025, the same as Jan 2025

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
434
+33.3%
266
0.0%
365
-16.7%
522
0.0%

Summary: Iron River housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes remained the same.

Days on Market for Iron River, WI

How long does it take to sell a home in Iron River, WI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
101 DaysThis YearFeb 2025
135 Days1 year agoFeb 2024
-25.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Iron River had an average listing age of 101 days in Feb 2025, down by 25.0% compared to the previous year.

Newest Listings in Iron River, WI

What homes are available in Iron River, WI?

Nearby markets

Nearby markets aren't available for Iron River, WI

MLS Disclaimers and Copyright

Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., Wisconsin Real Estate Exchange, and Lake Superior Area MLS for the period 03/01/2023 - 03/01/2025

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:52:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.