House Prices

House Prices & Home Values Iron, MN 2026


Average Data

average house price$199,900
average size per house784 ft²
average price per ft²255 $ / ft²

05/21/2026 - The value range (VR) for house prices in Iron, MN is $255/ sqft to $255/ sqft. An average home with 784 sqft costs approximately $199,920 to $199,920. Iron, MN includes 1 ZIP codes and it is located in St. Louis county. The lowest prices are found in ZIP 55751, while the highest are in ZIP 55751. The average price per sqare feet is $255. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Iron

55751254 $ / ft²




Historical development of home values in Iron

Year Estimated value (USD) Change vs. 2025
2010 $92,837 -53.6%
2011 $89,247 -55.4%
2012 $89,007 -55.5%
2013 $92,334 -53.8%
2014 $96,925 -51.5%
2015 $101,899 -49.0%
2016 $107,217 -46.4%
2017 $113,004 -43.5%
2018 $119,252 -40.3%
2019 $124,781 -37.6%
2020 $131,232 -34.4%
2021 $149,262 -25.3%
2022 $174,006 -13.0%
2023 $183,497 -8.2%
2024 $194,113 -2.9%
2025 $199,900 0.0%

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



Example: 100% financing house in Iron

Loan amount: $199,900

Interest rate: 6.00%

Fixed monthly payment: $1,198.50

Breakdown in the 1st month:
Interest portion: $999.50  –  Principal portion: $199.00

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,927.22 $2,454.80 $197,445.20
2 $11,775.82 $2,606.20 $194,839.00
3 $11,615.07 $2,766.95 $192,072.06
4 $11,444.41 $2,937.61 $189,134.45
5 $11,263.23 $3,118.79 $186,015.66
6 $11,070.87 $3,311.15 $182,704.51
7 $10,866.64 $3,515.38 $179,189.13
8 $10,649.82 $3,732.20 $175,456.94
9 $10,419.63 $3,962.39 $171,494.55
10 $10,175.24 $4,206.78 $167,287.76
11 $9,915.77 $4,466.25 $162,821.52
12 $9,640.30 $4,741.72 $158,079.80
13 $9,347.84 $5,034.17 $153,045.63
14 $9,037.35 $5,344.67 $147,700.96
15 $8,707.70 $5,674.32 $142,026.64
16 $8,357.72 $6,024.30 $136,002.34
17 $7,986.15 $6,395.86 $129,606.48
18 $7,591.67 $6,790.35 $122,816.13
19 $7,172.86 $7,209.16 $115,606.97
20 $6,728.21 $7,653.80 $107,953.17
21 $6,256.14 $8,125.87 $99,827.29
22 $5,754.96 $8,627.06 $91,200.23
23 $5,222.86 $9,159.16 $82,041.07
24 $4,657.94 $9,724.08 $72,317.00
25 $4,058.18 $10,323.84 $61,993.16
26 $3,421.43 $10,960.59 $51,032.57
27 $2,745.41 $11,636.61 $39,395.96
28 $2,027.68 $12,354.33 $27,041.63
29 $1,265.70 $13,116.32 $13,925.31
30 $456.71 $13,925.31 $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, MN


1500 sqft3900 sqft
Ø selling price$462,826$984,556
Ø fast selling$420,751$886,100
Ø high price sale$504,901$1,083,011

In 2026, houses in Iron, MN will be offered at an average price of $255 per square foot. A 1,500 sqft home priced at $462,826 is 22.91% more expensive per square foot than a 3,900 sqft home priced at $984,556. Home prices in Iron, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $681,615. Sellers who can wait longer may achieve a higher price of up to $833,086.

FAQ – Home Values in Iron

What is the median home value in Iron in 2026?

In 2026, the typical home value in Iron is about $199,900 for an average home size of 784 square feet. This corresponds to an average price of roughly $255 per square foot.

What is the average cost per square foot in Iron?

In 2026, homes in Iron sell for an average of around $255 per square foot, with a typical range between $255 and $255 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 is about 784 square feet, with an estimated 2026 value around $199,900.



Locations close to Iron, MN

Jacobson, MN67 $ / ft²
Keewatin, MN64 $ / ft²
Kerrick, MN151 $ / ft²
Hoyt Lakes, MN65 $ / ft²
Holyoke, MN68 $ / ft²
Hill City, MN113 $ / ft²
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