House Prices

House Prices & Home Values Ironwood, MI 2026


Average Data

average house price$141,500
average size per house1335 ft²
average price per ft²106 $ / ft²

04/21/2026 - The value range (VR) for house prices in Ironwood, MI is $111/ sqft to $111/ sqft. An average home with 1335 sqft costs approximately $148,185 to $148,185. Ironwood, MI includes 1 ZIP codes and it is located in Gogebic county. The lowest prices are found in ZIP 49938, while the highest are in ZIP 49938. The average price per sqare feet is $106. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Ironwood

49938120 $ / ft²




Historical development of home values in Ironwood

Year Estimated value (USD) Change vs. 2025
2010 $65,715 -53.6%
2011 $63,174 -55.4%
2012 $63,004 -55.5%
2013 $65,359 -53.8%
2014 $68,609 -51.5%
2015 $72,130 -49.0%
2016 $75,894 -46.4%
2017 $79,990 -43.5%
2018 $84,413 -40.3%
2019 $88,327 -37.6%
2020 $92,893 -34.4%
2021 $105,656 -25.3%
2022 $123,171 -13.0%
2023 $129,889 -8.2%
2024 $137,404 -2.9%
2025 $141,500 0.0%

Graph: estimated home values in Ironwood over time (USD)



Example: 100% financing house in Ironwood

Loan amount: $141,500

Interest rate: 6.00%

Fixed monthly payment: $848.36

Breakdown in the 1st month:
Interest portion: $707.50  –  Principal portion: $140.86

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,442.73 $1,737.64 $139,762.36
2 $8,335.56 $1,844.81 $137,917.55
3 $8,221.77 $1,958.59 $135,958.96
4 $8,100.97 $2,079.40 $133,879.56
5 $7,972.72 $2,207.65 $131,671.91
6 $7,836.56 $2,343.81 $129,328.10
7 $7,692.00 $2,488.37 $126,839.73
8 $7,538.52 $2,641.85 $124,197.88
9 $7,375.57 $2,804.79 $121,393.09
10 $7,202.58 $2,977.79 $118,415.30
11 $7,018.92 $3,161.45 $115,253.85
12 $6,823.93 $3,356.44 $111,897.41
13 $6,616.91 $3,563.46 $108,333.95
14 $6,397.12 $3,783.25 $104,550.70
15 $6,163.78 $4,016.59 $100,534.11
16 $5,916.05 $4,264.32 $96,269.79
17 $5,653.03 $4,527.34 $91,742.46
18 $5,373.79 $4,806.57 $86,935.88
19 $5,077.34 $5,103.03 $81,832.85
20 $4,762.59 $5,417.78 $76,415.07
21 $4,428.44 $5,751.93 $70,663.14
22 $4,073.67 $6,106.70 $64,556.44
23 $3,697.02 $6,483.35 $58,073.10
24 $3,297.14 $6,883.23 $51,189.87
25 $2,872.60 $7,307.77 $43,882.10
26 $2,421.87 $7,758.49 $36,123.61
27 $1,943.35 $8,237.02 $27,886.59
28 $1,435.30 $8,745.06 $19,141.52
29 $895.93 $9,284.44 $9,857.08
30 $323.28 $9,857.08 $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 Ironwood, MI


1500 sqft3900 sqft
Ø selling price$192,391$409,267
Ø fast selling$174,900$368,340
Ø high price sale$209,881$450,193

In 2026, houses in Ironwood, MI will be offered at an average price of $106 per square foot. A 1,500 sqft home priced at $192,391 is 24.77% more expensive per square foot than a 3,900 sqft home priced at $409,267. Home prices in Ironwood, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $283,338. Sellers who can wait longer may achieve a higher price of up to $346,302.

FAQ – Home Values in Ironwood

What is the median home value in Ironwood in 2026?

In 2026, the typical home value in Ironwood is about $141,500 for an average home size of 1335 square feet. This corresponds to an average price of roughly $106 per square foot.

What is the average cost per square foot in Ironwood?

In 2026, homes in Ironwood sell for an average of around $106 per square foot, with a typical range between $111 and $111 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 Ironwood is about 1335 square feet, with an estimated 2026 value around $141,500.



Locations close to Ironwood, MI

Kearsarge, MI102 $ / ft²
Lake Linden, MI99 $ / ft²
Lanse, MI99 $ / ft²
Iron River, MI48 $ / ft²
Hubbell, MI28 $ / ft²
Houghton, MI192 $ / ft²
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