Active Listings
32
⇩ 20% vs 40 last year
Population: 5,943 · Density: 5.0/mi² · Median household income: $51,913
Typical home value: $96,946 · Homeownership: 78.5%
Data as of January 2026. Source: Realtor.com.
The IRON RIVER, MI real estate market (49935) currently shows 32 active listings, with 6 pending sales. Homes are averaging 127 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 127 days on market compared to 126 days last year.
The median listing price has risen 35.2% year-over-year, from $129,450 to $175,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49935 | Iron River, MI 49935 | 0.0 mi | 32 | $10,334,816 | $175,000 | $322,963 |
| 49927 | Gaastra, MI 49927 | 13.4 mi | 2 | $0 | $0 | $0 |
| 54554 | Phelps, WI 54554 | 17.9 mi | 14 | $15,303,260 | $774,000 | $1,093,090 |
| 49902 | Alpha, MI 49902 | 20.4 mi | 4 | $701,068 | $149,900 | $175,267 |
| 49969 | Watersmeet, MI 49969 | 22.6 mi | 8 | $29,632,000 | $3,900,000 | $3,704,000 |
| 49970 | Watton, MI 49970 | 24.6 mi | 1 | $0 | $0 | $0 |
| 54519 | Conover, WI 54519 | 26.9 mi | 2 | $1,468,000 | $734,000 | $734,000 |
| 54121 | Florence, WI 54121 | 30.4 mi | 11 | $4,182,970 | $417,500 | $380,270 |
| 54562 | Three Lakes, WI 54562 | 31.1 mi | 9 | $11,414,997 | $1,474,500 | $1,268,333 |
| 54511 | Argonne, WI 54511 | 32.8 mi | 8 | $3,231,736 | $157,450 | $403,967 |
| 54561 | Star Lake, WI 54561 | 35.5 mi | 1 | $325,000 | $325,000 | $325,000 |
| 49861 | Michigamme, MI 49861 | 38.3 mi | 3 | $2,494,899 | $575,000 | $831,633 |
| 49908 | Baraga, MI 49908 | 39.4 mi | 2 | $194,900 | $97,450 | $97,450 |
As of January 2026, there are 32 active listings in IRON RIVER, MI (zip code 49935), compared to 40 the prior year.
The median listing price in IRON RIVER, MI 49935 is $175,000 as of January 2026, a 35.2% increase from $129,450 the prior year.
Homes in IRON RIVER, MI 49935 spend an average of 127 days on the market before going under contract, compared to 126 days the prior year.
Based on current inventory and days-on-market data as of January 2026, IRON RIVER, MI 49935 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 127 days on market compared to 126 days last year.
With SELL123.com's maximum 3% commission, sellers in IRON RIVER, MI 49935 save an estimated $3,500 compared to a typical 5% commission on the median listing price of $175,000. 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.