Data as of June 2026. Source: Realtor.com.
The IRON RIVER, WI real estate market (54847) currently shows 24 active listings, with 7 pending sales. Homes are averaging 70 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 70 days on market compared to 72 days last year.
The median listing price has fallen 9.3% year-over-year, from $416,200 to $377,475.
Whether you are buying or selling in IRON RIVER, WI, 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: 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 June 2026, there are 24 active listings in IRON RIVER, WI (zip code 54847), compared to 29 the prior year.
The median listing price in IRON RIVER, WI 54847 is $377,475 as of June 2026, a 9.3% decrease from $416,200 the prior year.
Homes in IRON RIVER, WI 54847 spend an average of 70 days on the market before going under contract, compared to 72 days the prior year.
Based on current inventory and days-on-market data as of June 2026, IRON RIVER, WI 54847 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 70 days on market compared to 72 days last year.
With SELL123.com's maximum 3% commission, sellers in IRON RIVER, WI 54847 save an estimated $7,550 compared to a typical 5% commission on the median listing price of $377,475. 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.