Brokers — List your Company Here
Featured local agent — Iron Mountain Lake, MO
Sarah Mitchell
Compass Real Estate · Iron Mountain Lake, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Iron Mountain Lake, MO Housing Market
The typical home in Iron Mountain Lake, MO is worth $61,670, fell 14.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $25,629 (through May 2026). With 0.5 months of supply and homes going under contract in about 60 days, Iron Mountain Lake is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $61,670 home is about $329/mo in principal and interest.
Key numbers for Iron Mountain Lake, MO
Typical home value
$61,670
-14.1% in 12 months
Zillow, August 2026
Median sale price
$25,629
Last published period
Redfin, through May 2026
Days on market
60
Average pace
Redfin, through May 2026
Active listings
1
0.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$30,395
Home costs 2.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
62.4%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Iron Mountain Lake a buyer's or seller's market?
Iron Mountain Lake, MO is a balanced market, based on 0.5 months of supply and homes selling in about 60 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Iron Mountain Lake housing market data show?
Every row below is Redfin's final published month for Iron Mountain Lake, MO. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $25,629 |
| Median list price | $49,900 |
| Median price per sq ft | $33/sq ft |
| Median days on market | 60 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 62.4% |
| Homes sold (that month) | 2 |
| New listings (that month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Iron Mountain Lake is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Iron Mountain Lake is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Iron Mountain Lake home prices moved?
Across the 26 months we hold for Iron Mountain Lake, MO, the median sale price fell 50.7%, from $52,000 in May 2021 to $25,629. The live Zillow value series has fell 14.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 100.0% of Iron Mountain Lake listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 0.5 months while the sale-to-list ratio slips below its current 62.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Iron Mountain Lake market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Iron Mountain Lake?
Priced off the typical home value of $61,670 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $12,334 | $49,336 | $329/mo |
| 5% | $3,083 | $58,586 | $391/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $329, that implies roughly $14,110 a year before you add taxes and insurance. The median household in Iron Mountain Lake earns $30,395, about $16,285 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.0x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Iron Mountain Lake in the next 12 months?
Tell us your timeline. We send the Iron Mountain Lake market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Iron Mountain Lake?
Zillow does not publish a rent index (ZORI) for Iron Mountain Lake, MO, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Iron Mountain Lake?
Active listings in Iron Mountain Lake, MO went from 1 in October 2023 to 1 in May 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| January 2024 | 1 | 1 |
| July 2024 | 1 | not published |
| September 2024 | 2 | 2 |
| February 2025 | 3 | 1 |
| March 2025 | 2 | not published |
| June 2025 | 4 | 1 |
| July 2025 | 4 | 1 |
| August 2025 | 3 | not published |
| October 2025 | 2 | not published |
| November 2025 | 1 | not published |
| February 2026 | 1 | 1 |
| May 2026 | 1 | 1 |
Redfin, through May 2026
How does Iron Mountain Lake compare to Missouri and the U.S.?
Iron Mountain Lake homes sell for $25,629 — 91% below the Missouri median of $297,500. Against the national median of $410,700, Iron Mountain Lake runs 94% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Iron Mountain Lake, MO | $25,629 | not published | 60 days |
| Missouri statewide | $297,500 | +4.6% | 27 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Iron Mountain Lake
What buyers should watch
- Months of supply, currently 0.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 100.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $62 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $61,670 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Iron Mountain Lake listing goes under contract in 60 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 62.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Iron Mountain Lake added 1 new listings against 2 sales — more clearing than arriving, which is the better window to list.
- Your equity moved -14.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Iron Mountain Lake varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Iron Mountain Lake
There are currently 1 homes listed for sale in Iron Mountain Lake, Missouri. The median listing price is $50K.
Active listings
1
Homes on market
Median list price
$50K
Avg. days on market
60
Days until sale
New this week
1
Newly listed
How much do homes cost in Iron Mountain Lake by property type?
How the Iron Mountain Lake, MO market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $25,629 | $33/sq ft | 2 | 60 days |
Who lives in Iron Mountain Lake?
American Community Survey estimates for Iron Mountain Lake. U.S. Census ACS, 2023
Population
789
Households
286
Median income
$30,395/yr
Median age
48.5 years
Owner-occupied
75.9%
Median home value
$38,600
Median gross rent
$715/mo
Mean commute
30.9 min
75.9% of occupied homes in Iron Mountain Lake are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $38,600 against Zillow's $61,670 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Iron Mountain Lake, MO?
Ordered by distance from Iron Mountain Lake, not by size. Compare Iron Mountain Lake side by side with any of them.
Iron Mountain Lake housing market FAQ
Is Iron Mountain Lake a buyer's or seller's market?
Iron Mountain Lake, MO is currently a balanced market. That read comes from 0.5 months of supply, homes going under contract in about 60 days, and sellers getting 62.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Iron Mountain Lake?
The typical home in Iron Mountain Lake, MO is worth $61,670 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $25,629, about $33 per square foot.
Is Iron Mountain Lake cheaper than the rest of Missouri?
Iron Mountain Lake's median sale price of $25,629 is 91% lower than the Missouri statewide median of $297,500, and 94% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Iron Mountain Lake?
Homes in Iron Mountain Lake, MO spent a median of 60 days on market before going under contract, versus 27 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Iron Mountain Lake?
At the current 30-year fixed rate of 7.03%, 20% down on a $61,670 home is about $329 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $14,110 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $30,395.
Are home prices rising in Iron Mountain Lake?
The typical home value in Iron Mountain Lake, MO fell 14.1% over the last 12 months, from $71,810 to $61,670 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Iron Mountain Lake?
Iron Mountain Lake ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Iron Mountain Lake?
That depends on your timeline, not on a headline. What the data says today: Iron Mountain Lake, MO is a balanced market with 0.5 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Iron Mountain Lake, MO
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Iron Mountain Lake
Nearby markets
Get the Iron Mountain Lake market brief
Get the Iron Mountain Lake, MO market brief
One email: what homes are actually clearing at around $61,670, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.