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IRON, MN 55751

Real Estate Market Report  ·  Saint Louis County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$496,633
⇧ 24.2% vs $399,900 last year
Average Price
$496,633
⇧ 24.2% vs $399,900 last year
Days on Market
68
⇩ 22.7% vs 88 days last year

Market Context

Population: 1,343  ·  Density: 8.6/mi²  ·  Median household income: $75,461

Typical home value: $176,233  ·  Homeownership: 94.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The IRON, MN real estate market (55751) currently shows 2 active listings, with 1 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 68 days on market compared to 88 days last year.

The median listing price has risen 24.2% year-over-year, from $399,900 to $496,633.

Whether you are buying or selling in IRON, MN, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 68 now vs 88 last year

Median & Average Pricing

Year over Year
  • Median: $496,633 (+24.2% YoY)
  • Average: $496,633 (+24.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.6 miles — 94 listings ($22,998,671 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55751Iron, MN 557510.0 mi2$993,266$496,633$496,633
55734Eveleth, MN 557348.2 mi16$2,909,216$148,067$181,826
55768Mountain Iron, MN 557688.4 mi3$856,500$285,500$285,500
55741Gilbert, MN 5574113.9 mi11$3,430,306$364,450$311,846
55792Virginia, MN 5579216.7 mi33$5,531,790$147,450$167,630
55708Biwabik, MN 5570817.9 mi3$491,400$172,500$163,800
55724Cotton, MN 5572420.3 mi4$1,178,668$295,000$294,667
55765Meadowlands, MN 5576520.5 mi2$734,800$367,400$367,400
55775Pengilly, MN 5577524.0 mi6$3,336,000$524,500$556,000
55769Nashwauk, MN 5576924.9 mi7$1,573,600$175,000$224,800
55717Canyon, MN 5571727.1 mi1$249,900$249,900$249,900
55732Embarrass, MN 5573228.7 mi3$1,445,850$481,950$481,950
55764Marble, MN 5576429.6 mi3$267,375$89,125$89,125

Frequently Asked Questions

How many homes are for sale in IRON, MN 55751?

As of January 2026, there are 2 active listings in IRON, MN (zip code 55751), compared to 3 the prior year.

What is the median home price in IRON, MN 55751?

The median listing price in IRON, MN 55751 is $496,633 as of January 2026, a 24.2% increase from $399,900 the prior year.

How long do homes stay on the market in IRON, MN?

Homes in IRON, MN 55751 spend an average of 68 days on the market before going under contract, compared to 88 days the prior year.

Is it a seller's or buyer's market in IRON, MN 55751?

Based on current inventory and days-on-market data as of January 2026, IRON, MN 55751 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 68 days on market compared to 88 days last year.

How much can I save on real estate commission in IRON, MN?

With SELL123.com's maximum 3% commission, sellers in IRON, MN 55751 save an estimated $9,933 compared to a typical 5% commission on the median listing price of $496,633. 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.