Data as of September 2026. Source: Realtor.com.
The IRON RIVER, WI real estate market (54847) currently shows 25 active listings, with 6 pending sales. Homes are averaging 78 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 78 days on market compared to 66 days last year.
The median listing price has risen 25% year-over-year, from $399,225 to $499,000.
Population: 2,310 · Density: 4.7/mi² · Median household income: $68,646
Typical home value: $222,616 · Homeownership: 78.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54847 | Iron River, WI 54847 | 0.0 mi | 20 | $11,011,380 | $419,750 | $550,569 |
| 54865 | Port Wing, WI 54865 | 12.3 mi | 3 | $1,726,566 | $475,000 | $575,522 |
| 54849 | Lake Nebagamon, WI 54849 | 16.3 mi | 5 | $2,873,335 | $549,000 | $574,667 |
| 54844 | Herbster, WI 54844 | 17.3 mi | 5 | $5,749,750 | $1,149,950 | $1,149,950 |
| 54839 | Grand View, WI 54839 | 19.1 mi | 1 | $169,900 | $169,900 | $169,900 |
| 54827 | Cornucopia, WI 54827 | 21.4 mi | 3 | $4,057,350 | $1,352,450 | $1,352,450 |
| 54874 | South Range, WI 54874 | 25.8 mi | 6 | $2,299,002 | $380,000 | $383,167 |
| 54821 | Cable, WI 54821 | 26.4 mi | 9 | $6,530,121 | $378,500 | $725,569 |
| 54814 | Bayfield, WI 54814 | 30.2 mi | 12 | $9,226,992 | $749,900 | $768,916 |
| 55802 | Duluth, MN 55802 | 34.6 mi | 6 | $5,238,678 | $881,225 | $873,113 |
| 55804 | Duluth, MN 55804 | 35.7 mi | 23 | $20,464,135 | $649,900 | $889,745 |
| 55805 | Duluth, MN 55805 | 36.5 mi | 8 | $1,872,696 | $251,150 | $234,087 |
| 54859 | Minong, WI 54859 | 37.1 mi | 6 | $2,036,088 | $322,250 | $339,348 |
As of September 2026, there are 25 active listings in IRON RIVER, WI (zip code 54847), compared to 32 the prior year.
The median listing price in IRON RIVER, WI 54847 is $499,000 as of September 2026, a 25% increase from $399,225 the prior year.
Homes in IRON RIVER, WI 54847 spend an average of 78 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of September 2026, IRON RIVER, WI 54847 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 78 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in IRON RIVER, WI 54847 save an estimated $9,980 compared to a typical 5% commission on the median listing price of $499,000. 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.