Metropolitan market · Michigan · June 2026 data

Iron Mountain Real Estate Market

As of June 2026, the median home listed in Iron Mountain, MI asks $229,650 — up 2.2% year over year. Homes sell in a median of 41 days, with 65 active listings and 15% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.

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

Iron Mountain housing market statistics

The table summarizes Iron Mountain's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Iron Mountain, MI housing market at a glance — June 2026
MetricLatestDetail
Median listing price$229,650+2.2% YoY
Median price per sq ft$1571,629 sq ft median
Median days on market41-8% YoY
Active listings65+10% YoY
New listings this month36June 2026
Listings with a price cut15%Share of active
Median sale price (closed)$176,000+0.0% YoY
Sale-to-list ratio97.9%Closed sales

How have home prices changed in Iron Mountain?

Iron Mountain home prices are up 2.2% year over year and -2.3% month over month as of June 2026, at a $229,650 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$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.

How much inventory is on the market in Iron Mountain?

Iron Mountain has 65 active listings, 36 new this month, 53 pending as of June 2026. About 15% of active listings have cut their price, and inventory sits at 37% of its 2019 level — a seller-leaning market by pace.

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

Is Iron Mountain a good real estate investment?

Iron Mountain scores 72/100 on WealthyBud's composite Investor Score, ranking #75 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

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.

How much is a monthly mortgage payment in Iron Mountain?

A home at Iron Mountain's $229,650 median listing runs about $1,153 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

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.

What is driving the Iron Mountain housing market?

Longer-run demand in Iron Mountain shows up in 80 homes permitted in 2025; net migration of +96 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

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 housing market FAQ

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 much does it cost to buy a home in Iron Mountain?
The median home listed in Iron Mountain asks $229,650 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,153 a month in principal and interest, before taxes, insurance and HOA.
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 as of June 2026.
Is it a buyer's or seller's market in Iron Mountain?
With a median 41 days on market and 15% of active listings carrying a price cut, Iron Mountain reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Iron Mountain a good place to invest in real estate?
Iron Mountain scores 72/100 on WealthyBud's Investor Score, ranking #75 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
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, ranked by recent sales from public profile data.
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.

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Naomi Whitfield Real Estate Data Analyst

Naomi Whitfield is a real estate data analyst who builds metro-level price, inventory and days-on-market datasets from public MLS aggregates and county records. She reviews WealthyBud's market pages for data accuracy before they publish.