Population: 2,649 · Density: 11.5/mi² · Median household income: $66,023
Typical home value: $174,650 · Homeownership: 72.3%
Data as of January 2026. Source: Realtor.com.
The MOUNTAIN IRON, MN real estate market (55768) currently shows 3 active listings, with 1 pending sales. Homes are averaging 128 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 128 days on market compared to 106 days last year.
The median listing price has fallen 39.5% year-over-year, from $472,250 to $285,500.
Whether you are buying or selling in MOUNTAIN 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55768 | Mountain Iron, MN 55768 | 0.0 mi | 3 | $856,500 | $285,500 | $285,500 |
| 55751 | Iron, MN 55751 | 8.4 mi | 2 | $993,266 | $496,633 | $496,633 |
| 55710 | Britt, MN 55710 | 9.1 mi | 2 | $899,000 | $449,500 | $449,500 |
| 55734 | Eveleth, MN 55734 | 12.4 mi | 16 | $2,909,216 | $148,067 | $181,826 |
| 55708 | Biwabik, MN 55708 | 15.2 mi | 3 | $491,400 | $172,500 | $163,800 |
| 55738 | Forbes, MN 55738 | 16.7 mi | 1 | $159,900 | $159,900 | $159,900 |
| 55705 | Aurora, MN 55705 | 20.3 mi | 20 | $3,199,260 | $155,000 | $159,963 |
| 55732 | Embarrass, MN 55732 | 23.9 mi | 3 | $1,445,850 | $481,950 | $481,950 |
| 55723 | Cook, MN 55723 | 24.1 mi | 18 | $23,519,934 | $737,000 | $1,306,663 |
| 55790 | Tower, MN 55790 | 25.7 mi | 26 | $15,566,720 | $499,000 | $598,720 |
| 55775 | Pengilly, MN 55775 | 27.2 mi | 6 | $3,336,000 | $524,500 | $556,000 |
| 55782 | Soudan, MN 55782 | 30.4 mi | 4 | $448,000 | $127,000 | $112,000 |
| 55750 | Hoyt Lakes, MN 55750 | 31.6 mi | 8 | $1,728,112 | $159,900 | $216,014 |
As of January 2026, there are 3 active listings in MOUNTAIN IRON, MN (zip code 55768), compared to 5 the prior year.
The median listing price in MOUNTAIN IRON, MN 55768 is $285,500 as of January 2026, a 39.5% decrease from $472,250 the prior year.
Homes in MOUNTAIN IRON, MN 55768 spend an average of 128 days on the market before going under contract, compared to 106 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MOUNTAIN IRON, MN 55768 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 128 days on market compared to 106 days last year.
With SELL123.com's maximum 3% commission, sellers in MOUNTAIN IRON, MN 55768 save an estimated $5,710 compared to a typical 5% commission on the median listing price of $285,500. 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.