Active Listings
35
⇧ 9.4% vs 32 last year
Data as of March 2026. Source: Realtor.com.
The IRON RIVER, MI real estate market (49935) currently shows 35 active listings, with 10 pending sales. Homes are averaging 140 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 140 days on market compared to 145 days last year.
The median listing price has fallen 28.1% year-over-year, from $229,900 to $165,375.
Whether you are buying or selling in IRON RIVER, 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.
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 March 2026, there are 35 active listings in IRON RIVER, MI (zip code 49935), compared to 32 the prior year.
The median listing price in IRON RIVER, MI 49935 is $165,375 as of March 2026, a 28.1% decrease from $229,900 the prior year.
Homes in IRON RIVER, MI 49935 spend an average of 140 days on the market before going under contract, compared to 145 days the prior year.
Based on current inventory and days-on-market data as of March 2026, IRON RIVER, MI 49935 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 140 days on market compared to 145 days last year.
With SELL123.com's maximum 3% commission, sellers in IRON RIVER, MI 49935 save an estimated $3,308 compared to a typical 5% commission on the median listing price of $165,375. 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.