House Prices

House Prices & Home Values Iron Mountain, MI 2026


Average Data

average house price$304,623
average size per house2148 ft²
average price per ft²142 $ / ft²

04/18/2026 - The value range (VR) for house prices in Iron Mountain, MI is $57/ sqft to $57/ sqft. An average home with 2148 sqft costs approximately $122,436 to $122,436. Iron Mountain, MI includes 1 ZIP codes and it is located in Dickinson county. The lowest prices are found in ZIP 49801, while the highest are in ZIP 49801. The average price per sqare feet is $142. Our analysis is based on 18 property listings.

Avergage prices by ZIP codes Iron Mountain

4980156 $ / ft²




Historical development of home values in Iron Mountain

Year Estimated value (USD) Change vs. 2025
2010 $141,472 -53.6%
2011 $136,002 -55.4%
2012 $135,636 -55.5%
2013 $140,705 -53.8%
2014 $147,702 -51.5%
2015 $155,282 -49.0%
2016 $163,386 -46.4%
2017 $172,205 -43.5%
2018 $181,725 -40.3%
2019 $190,151 -37.6%
2020 $199,981 -34.4%
2021 $227,457 -25.3%
2022 $265,164 -13.0%
2023 $279,628 -8.2%
2024 $295,804 -2.9%
2025 $304,623 0.0%

Graph: estimated home values in Iron Mountain over time (USD)



Example: 100% financing house in Iron Mountain

Loan amount: $304,623

Interest rate: 6.00%

Fixed monthly payment: $1,826.37

Breakdown in the 1st month:
Interest portion: $1,523.12  –  Principal portion: $303.25

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,175.62 $3,740.81 $300,882.19
2 $17,944.89 $3,971.53 $296,910.66
3 $17,699.94 $4,216.49 $292,694.18
4 $17,439.88 $4,476.55 $288,217.63
5 $17,163.77 $4,752.65 $283,464.97
6 $16,870.64 $5,045.79 $278,419.19
7 $16,559.43 $5,357.00 $273,062.19
8 $16,229.02 $5,687.41 $267,374.78
9 $15,878.23 $6,038.19 $261,336.58
10 $15,505.81 $6,410.62 $254,925.97
11 $15,110.42 $6,806.01 $248,119.96
12 $14,690.64 $7,225.79 $240,894.17
13 $14,244.96 $7,671.46 $233,222.70
14 $13,771.81 $8,144.62 $225,078.08
15 $13,269.46 $8,646.96 $216,431.12
16 $12,736.14 $9,180.29 $207,250.83
17 $12,169.92 $9,746.51 $197,504.32
18 $11,568.77 $10,347.65 $187,156.67
19 $10,930.55 $10,985.87 $176,170.80
20 $10,252.97 $11,663.46 $164,507.34
21 $9,533.59 $12,382.83 $152,124.51
22 $8,769.85 $13,146.58 $138,977.93
23 $7,958.99 $13,957.43 $125,020.50
24 $7,098.13 $14,818.30 $110,202.21
25 $6,184.17 $15,732.26 $94,469.95
26 $5,213.84 $16,702.59 $77,767.36
27 $4,183.66 $17,732.77 $60,034.60
28 $3,089.94 $18,826.48 $41,208.11
29 $1,928.77 $19,987.66 $21,220.45
30 $695.97 $21,220.45 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Iron Mountain, MI


1500 sqft3900 sqft
Ø selling price$257,731$548,262
Ø fast selling$234,301$493,436
Ø high price sale$281,160$603,089

In 2026, houses in Iron Mountain, MI will be offered at an average price of $142 per square foot. A 1,500 sqft home priced at $257,731 is 22.26% more expensive per square foot than a 3,900 sqft home priced at $548,262. Home prices in Iron Mountain, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $379,567. Sellers who can wait longer may achieve a higher price of up to $463,915.


Iron Mountain, MI Travel and Living Guide

Overview

Iron Mountain, Michigan, is a historic city in the Upper Peninsula known for mining heritage, year-round outdoor recreation, and welcoming small-town charm.
Located in Dickinson County near the Wisconsin border, Iron Mountain offers easy access via Ford Airport and major highways for visitors and businesses alike.

Attractions and Outdoors

The city?s Pine Mountain ski jump and resort draw winter sports fans for skiing, snowboarding, and world-class ski jumping competitions.
Nearby Fumee Lake Natural Area and the Menominee River provide scenic trails, kayaking, mountain biking, and wildlife viewing in all seasons.
Golfers enjoy Pine Grove Country Club and other courses, while hundreds of miles of snowmobile and ATV trails connect Iron Mountain to the wider U.P. trail system.

History and Culture

Explore the Cornish Pumping Engine and Mining Museum to learn how iron ore shaped the Menominee Range and the community?s identity.
Downtown Iron Mountain features restored brick buildings, local shops, murals, and eateries serving pasties, craft beer, and U.P. comfort classics.
Seasonal events like Italian Fest, ski jump tournaments, and farmers markets bring visitors together and expand the list of things to do in Iron Mountain, Michigan.

Living and Logistics

Affordable housing, quality schools, healthcare services, and reliable broadband make Iron Mountain an appealing base for remote workers and families.
Whether you?re planning a vacation or relocating, Iron Mountain, MI delivers authentic Upper Peninsula experiences, business-friendly amenities, and unforgettable northwoods adventure.



FAQ – Home Values in Iron Mountain

What is the median home value in Iron Mountain in 2026?

In 2026, the typical home value in Iron Mountain is about $304,623 for an average home size of 2148 square feet. This corresponds to an average price of roughly $142 per square foot.

What is the average cost per square foot in Iron Mountain?

In 2026, homes in Iron Mountain sell for an average of around $142 per square foot, with a typical range between $57 and $57 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Iron Mountain is about 2148 square feet, with an estimated 2026 value around $304,623.



Locations close to Iron Mountain, MI

Kingsford, MI63 $ / ft²
Allouez, MI124 $ / ft²
Au Train, MI231 $ / ft²
Wolverine, MI146 $ / ft²
Walloon Lake, MI134 $ / ft²
Vanderbilt, MI221 $ / ft²
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