Population: 7,636 · Density: 13.1/mi² · Median household income: $43,990
Typical home value: $85,144 · Homeownership: 81.5%
Data as of January 2026. Source: Realtor.com.
The IRONWOOD, MI real estate market (49938) currently shows 36 active listings, with 11 pending sales. Homes are averaging 121 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 121 days on market compared to 89 days last year.
The median listing price has risen 29% year-over-year, from $155,000 to $199,900.
Whether you are buying or selling in IRONWOOD, 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 $ |
|---|---|---|---|---|---|---|
| 49938 | Ironwood, MI 49938 | 0.0 mi | 36 | $9,696,384 | $199,900 | $269,344 |
| 49959 | Ramsay, MI 49959 | 7.1 mi | 3 | $473,001 | $184,000 | $157,667 |
| 54534 | Hurley, WI 54534 | 12.2 mi | 11 | $4,928,627 | $279,900 | $448,057 |
| 54536 | Iron Belt, WI 54536 | 16.0 mi | 1 | $289,900 | $289,900 | $289,900 |
| 54565 | Upson, WI 54565 | 21.1 mi | 1 | $205,000 | $205,000 | $205,000 |
| 49947 | Marenisco, MI 49947 | 25.9 mi | 8 | $3,035,904 | $250,000 | $379,488 |
| 49971 | White Pine, MI 49971 | 27.4 mi | 4 | $1,067,800 | $271,450 | $266,950 |
| 54545 | Manitowish Waters, WI 54545 | 29.6 mi | 4 | $6,866,400 | $349,900 | $1,716,600 |
| 54546 | Mellen, WI 54546 | 31.7 mi | 4 | $1,148,000 | $287,000 | $287,000 |
| 54855 | Marengo, WI 54855 | 35.3 mi | 1 | $258,000 | $258,000 | $258,000 |
| 49925 | Ewen, MI 49925 | 36.0 mi | 2 | $208,000 | $104,000 | $104,000 |
| 54512 | Boulder Junction, WI 54512 | 36.6 mi | 4 | $3,698,000 | $924,500 | $924,500 |
| 49953 | Ontonagon, MI 49953 | 38.6 mi | 10 | $3,791,440 | $175,000 | $379,144 |
As of January 2026, there are 36 active listings in IRONWOOD, MI (zip code 49938), compared to 39 the prior year.
The median listing price in IRONWOOD, MI 49938 is $199,900 as of January 2026, a 29% increase from $155,000 the prior year.
Homes in IRONWOOD, MI 49938 spend an average of 121 days on the market before going under contract, compared to 89 days the prior year.
Based on current inventory and days-on-market data as of January 2026, IRONWOOD, MI 49938 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 121 days on market compared to 89 days last year.
With SELL123.com's maximum 3% commission, sellers in IRONWOOD, MI 49938 save an estimated $3,998 compared to a typical 5% commission on the median listing price of $199,900. 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.