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IRON MOUNTAIN, MI 49801

Real Estate Market Report
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The IRON MOUNTAIN, MI real estate market (49801) currently shows 29 active listings, with 7 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 70 days on market compared to 54 days last year.

The median listing price has fallen 3.4% year-over-year, from $184,900 to $178,675.

Whether you are buying or selling in IRON MOUNTAIN, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 11,504  ·  Density: 35.8/mi²  ·  Median household income: $57,034

Typical home value: $151,579  ·  Homeownership: 83.4%

Market Overview

Active Listings
29
⇩ 9.4% vs 32 last year
Pending
7
24% pending ratio
Median Price
$178,675
⇩ 3.4% vs $184,900 last year
Average Price
$304,507
⇧ 38.4% vs $219,960 last year
Days on Market
70
⇧ 29.6% vs 54 days last year

Price Per Square Foot

Median $/sqft
$140
⇧ 18.6% vs $118/sqft last year
Median Home Size
1,584 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 29 this year vs 32 last year
  • Days on market: 70 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $178,675 (-3.4% YoY)
  • Average: $304,507 (+38.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.9 miles — 75 listings ($16,697,706 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49801Iron Mountain, MI 498010.0 mi29$7,831,856$176,850$270,064
49876Quinnesec, MI 498768.3 mi2$278,000$139,000$139,000
54151Niagara, WI 5415113.6 mi11$1,780,900$139,950$161,900
54121Florence, WI 5412115.4 mi9$2,763,036$296,113$307,004
49831Felch, MI 4983116.6 mi2$340,000$170,000$170,000
49902Alpha, MI 4990219.4 mi4$703,668$149,900$175,917
54119Dunbar, WI 5411921.8 mi2$124,000$62,000$62,000
49847Hermansville, MI 4984723.7 mi1$62,500$62,500$62,500
54120Fence, WI 5412025.3 mi2$567,500$283,750$283,750
54102Amberg, WI 5410228.8 mi6$857,520$128,700$142,920
49874Powers, MI 4987428.8 mi1$65,000$65,000$65,000
49886Spalding, MI 4988629.6 mi3$986,376$287,475$328,792
49915Caspian, MI 4991530.9 mi3$337,350$112,450$112,450

Frequently Asked Questions

How many homes are for sale in IRON MOUNTAIN, MI 49801?

As of April 2026, there are 29 active listings in IRON MOUNTAIN, MI (zip code 49801), compared to 32 the prior year.

What is the median home price in IRON MOUNTAIN, MI 49801?

The median listing price in IRON MOUNTAIN, MI 49801 is $178,675 as of April 2026, a 3.4% decrease from $184,900 the prior year.

How long do homes stay on the market in IRON MOUNTAIN, MI?

Homes in IRON MOUNTAIN, MI 49801 spend an average of 70 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in IRON MOUNTAIN, MI 49801?

Based on current inventory and days-on-market data as of April 2026, IRON MOUNTAIN, MI 49801 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 70 days on market compared to 54 days last year.

How much can I save on real estate commission in IRON MOUNTAIN, MI?

With SELL123.com's maximum 3% commission, sellers in IRON MOUNTAIN, MI 49801 save an estimated $3,574 compared to a typical 5% commission on the median listing price of $178,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.