Metropolitan market · Michigan · June 2026 data

Iron Mountain Real Estate Market

The Iron Mountain, MI housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Iron Mountain report in a click.

Median listing price
$229,650
▲ 2.2% YoY
Median $ / sq ft
$157
1,629 sq ft median
Median days on market
41
June 2026
Active listings
65
For sale now
New listings
36
June 2026
Listings with price cuts
15%
Share of active
Median sale price (closed)
$176,000
▲ 0.0% YoY · closed sales
Sale-to-list ratio
97.9%
Closed sales
Homes sold / month
21
Closed sales
Median listing price trend
$230K$216K$202K$189K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Iron Mountain MI · trailing 8 quarters · source: public records and industry data.

The 10-year view
$230K$207K$185K$162K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Iron Mountain MI · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
65
New this month
36
Pending
53
Price-reduced
9

As of June 2026, the median home listed in Iron Mountain, MI asks $229,650 — up 2.2% from a year ago. Homes are taking a median of 41 days to go under contract, and 15% of the 65 active listings have taken a price cut, which points to a seller-leaning market. Figures cover the Iron Mountain, MI-WI metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
72/100
#75 of 932 covered metros
12-month outlook
+4.7%
▲ Rising · model output, not advice
Momentum
55
Value
85
Rental yield
52
Supply risk
3
Market heat
73

Iron Mountain scores 72/100 on our composite Investor Score (#75 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 37% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 2.2% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Iron Mountain ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,035/mo
−$118/mo vs today
At today's rate · 6.43%
$1,153/mo
National weekly average
If rates rise 1% · 7.43%
$1,276/mo
+$123/mo vs today

Principal & interest on the $229,650 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
80
▲ 0.0% vs 2024
2.6 per 1,000 residents
Net migration (2022–2023)
+96
▲ people, via tax-return records
net income flow +$3.31M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Cold wave

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Iron Mountain market FAQs

What is the median home price in Iron Mountain?
As of June 2026, the median listing price in Iron Mountain, MI is $229,650, up 2.2% year over year (source: public records and industry data). Figures cover the Iron Mountain, MI-WI metro area.
How fast are homes selling in Iron Mountain?
The median property in Iron Mountain spends 41 days on the market, with 65 homes actively listed and 15% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Iron Mountain?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Iron Mountain and the wider Michigan market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Iron Mountain, MI-WI metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.