Data as of September 2026. Source: Realtor.com.
The IRON RIVER, MI real estate market (49935) currently shows 64 active listings, with 18 pending sales. Homes are averaging 84 days on the market before going under contract.
Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 84 days on market compared to 57 days last year.
The median listing price has risen 1.5% year-over-year, from $206,975 to $210,000.
Population: 5,943 · Density: 5.0/mi² · Median household income: $51,913
Typical home value: $96,946 · Homeownership: 78.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49935 | Iron River, MI 49935 | 0.0 mi | 33 | $11,534,622 | $187,000 | $349,534 |
| 49927 | Gaastra, MI 49927 | 13.4 mi | 1 | $69,900 | $69,900 | $69,900 |
| 54554 | Phelps, WI 54554 | 17.9 mi | 11 | $11,164,725 | $604,700 | $1,014,975 |
| 49902 | Alpha, MI 49902 | 20.4 mi | 4 | $703,668 | $149,900 | $175,917 |
| 49969 | Watersmeet, MI 49969 | 22.6 mi | 7 | $30,728,600 | $3,900,000 | $4,389,800 |
| 49919 | Covington, MI 49919 | 26.3 mi | 5 | $2,035,125 | $367,250 | $407,025 |
| 49912 | Bruce Crossing, MI 49912 | 29.9 mi | 1 | $149,000 | $149,000 | $149,000 |
| 54540 | Land O'Lakes, WI 54540 | 30.6 mi | 4 | $412,332 | $64,800 | $103,083 |
| 54521 | Eagle River, WI 54521 | 31.1 mi | 45 | $39,965,175 | $429,250 | $888,115 |
| 54511 | Argonne, WI 54511 | 32.8 mi | 9 | $4,327,317 | $298,425 | $480,813 |
| 54561 | Star Lake, WI 54561 | 35.5 mi | 1 | $325,000 | $325,000 | $325,000 |
| 49861 | Michigamme, MI 49861 | 38.3 mi | 5 | $6,868,625 | $1,062,500 | $1,373,725 |
| 49908 | Baraga, MI 49908 | 39.4 mi | 3 | $351,375 | $111,225 | $117,125 |
As of September 2026, there are 64 active listings in IRON RIVER, MI (zip code 49935), compared to 55 the prior year.
The median listing price in IRON RIVER, MI 49935 is $210,000 as of September 2026, a 1.5% increase from $206,975 the prior year.
Homes in IRON RIVER, MI 49935 spend an average of 84 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of September 2026, IRON RIVER, MI 49935 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in IRON RIVER, MI 49935 save an estimated $4,200 compared to a typical 5% commission on the median listing price of $210,000. 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.