Iron Mountain, MI
Housing market overview · Updated weekly
$122,000median sale price
Homes sold
9
Last 12 weeks
Days on market
76
Average pace
Active listings
27
3.0 months supply
Sale-to-list
88.9%
Below asking
The Iron Mountain housing market is currently classified as a leaning buyer's with a median sale price of $122,000. Prices have fallen 28.2% compared to last year, with homes spending an average of 76 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Iron Mountain
There are currently 27 homes listed for sale in Iron Mountain, Michigan. The median listing price is $180K.
Active listings
27
Homes on market
Median list price
$180K
Avg. days on market
76
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Iron Mountain?
The median home sale price in Iron Mountain is $122,000, down 28.2% from last year.
How long do homes stay on market in Iron Mountain?
Homes typically spend 76 days on market before going under contract.
Is Iron Mountain a buyer's or seller's market?
With 3.0 months of supply, Iron Mountain is currently a leaning buyer's.
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