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Featured local agent — Iron City, TN
Sarah Mitchell
Compass Real Estate · Iron City, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Iron City, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$135,000median sale price
How is the Iron City, TN housing market right now?
The median home sale price in Iron City, TN is $135,000. Homes sell in an average of 163 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Iron City a buyer's or seller's market?
Iron City, TN is currently a balanced market, based on 1.0 months of supply and homes selling in about 163 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
163
Average pace
Active listings
1
1.0 months supply
Sale-to-list
90.1%
Below asking
What does the Iron City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $135,000 |
| Average days on market | 163 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 90.1% |
| Median price per sq ft | $98/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Iron City by property type?
How the Iron City, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $135,000 | $98/sq ft | 1 | 163 days |
Source: Redfin · Updated monthly
The Iron City housing market is currently classified as a balanced market with a median sale price of $135,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 163 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 12.0x provides context for how home values compare to local earning capacity.
Homes for sale in Iron City
There are currently 1 homes listed for sale in Iron City, Tennessee.
Active listings
1
Homes on market
Avg. days on market
163
Days until sale
Who lives in Iron City?
Population
226
Median income
$17,500/yr
Median age
33.4 years
Owner-occupied
100.0%
Source: U.S. Census Bureau ACS
What are homes worth in Iron City?
Zillow home value
$210,555
Price-to-income
12.0x
Source: Zillow Research
What is it like to live in Iron City?
Iron City is a community of approximately 0K residents with a median age of 33.4 years.The median household income is $17,500, which represents a working-class community with solid middle-income opportunities.0
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Iron City offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near Iron City, TN?
Want a head-to-head view? Compare Iron City side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Iron City?
The median home sale price in Iron City is $135,000, down 0.0% from last year.
How long do homes stay on market in Iron City?
Homes typically spend 163 days on market before going under contract.
What is the median income in Iron City?
The median household income is $17,500 per year.
Is Iron City a buyer's or seller's market?
With 1.0 months of supply, Iron City is currently a balanced market.
What is the Zillow home value estimate for Iron City?
The Zillow Home Value Index (ZHVI) for Iron City is $210,555, representing the typical home value in the area.
How much does a single-family home cost in Iron City?
The median single-family home price in Iron City, TN is $135,000 (about $98 per square foot).
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