House Prices

House Prices & Home Values Mountain Iron, MN 2026


Average Data

average house price$414,167
average size per house2821 ft²
average price per ft²147 $ / ft²

05/21/2026 - The value range (VR) for house prices in Mountain Iron, MN is $147/ sqft to $147/ sqft. An average home with 2821 sqft costs approximately $414,687 to $414,687. Mountain Iron, MN includes 1 ZIP codes and it is located in St. Louis county. The lowest prices are found in ZIP 55768, while the highest are in ZIP 55768. The average price per sqare feet is $147. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Mountain Iron

55768157 $ / ft²




Historical development of home values in Mountain Iron

Year Estimated value (USD) Change vs. 2025
2010 $192,347 -53.6%
2011 $184,909 -55.4%
2012 $184,411 -55.5%
2013 $191,304 -53.8%
2014 $200,816 -51.5%
2015 $211,123 -49.0%
2016 $222,140 -46.4%
2017 $234,130 -43.5%
2018 $247,074 -40.3%
2019 $258,531 -37.6%
2020 $271,895 -34.4%
2021 $309,252 -25.3%
2022 $360,518 -13.0%
2023 $380,183 -8.2%
2024 $402,177 -2.9%
2025 $414,167 0.0%

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



Example: 100% financing house in Mountain Iron

Loan amount: $414,167

Interest rate: 6.00%

Fixed monthly payment: $2,483.14

Breakdown in the 1st month:
Interest portion: $2,070.84  –  Principal portion: $412.31

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $24,711.67 $5,086.02 $409,080.98
2 $24,397.97 $5,399.71 $403,681.27
3 $24,064.93 $5,732.76 $397,948.51
4 $23,711.34 $6,086.34 $391,862.17
5 $23,335.95 $6,461.73 $385,400.44
6 $22,937.41 $6,860.28 $378,540.16
7 $22,514.28 $7,283.40 $371,256.76
8 $22,065.06 $7,732.63 $363,524.13
9 $21,588.12 $8,209.56 $355,314.57
10 $21,081.78 $8,715.91 $346,598.66
11 $20,544.20 $9,253.49 $337,345.17
12 $19,973.46 $9,824.22 $327,520.95
13 $19,367.53 $10,430.16 $317,090.79
14 $18,724.22 $11,073.47 $306,017.32
15 $18,041.23 $11,756.45 $294,260.87
16 $17,316.12 $12,481.57 $281,779.30
17 $16,546.28 $13,251.40 $268,527.90
18 $15,728.96 $14,068.72 $254,459.18
19 $14,861.24 $14,936.45 $239,522.73
20 $13,939.99 $15,857.70 $223,665.03
21 $12,961.92 $16,835.76 $206,829.27
22 $11,923.53 $17,874.16 $188,955.11
23 $10,821.09 $18,976.60 $169,978.52
24 $9,650.65 $20,147.03 $149,831.49
25 $8,408.03 $21,389.66 $128,441.83
26 $7,088.76 $22,708.92 $105,732.91
27 $5,688.13 $24,109.56 $81,623.35
28 $4,201.10 $25,596.58 $56,026.77
29 $2,622.36 $27,175.33 $28,851.44
30 $946.25 $28,851.44 $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 Mountain Iron, MN


1500 sqft3900 sqft
Ø selling price$266,806$567,567
Ø fast selling$242,551$510,811
Ø high price sale$291,060$624,324

In 2026, houses in Mountain Iron, MN will be offered at an average price of $147 per square foot. A 1,500 sqft home priced at $266,806 is 24.47% more expensive per square foot than a 3,900 sqft home priced at $567,567. Home prices in Mountain Iron, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $392,932. Sellers who can wait longer may achieve a higher price of up to $480,250.

FAQ – Home Values in Mountain Iron

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

In 2026, the typical home value in Mountain Iron is about $414,167 for an average home size of 2821 square feet. This corresponds to an average price of roughly $147 per square foot.

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

In 2026, homes in Mountain Iron sell for an average of around $147 per square foot, with a typical range between $147 and $147 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 Mountain Iron is about 2821 square feet, with an estimated 2026 value around $414,167.



Locations close to Mountain Iron, MN

Nashwauk, MN44 $ / ft²
Orr, MN508 $ / ft²
Nett Lake, MN486 $ / ft²
Moose Lake, MN132 $ / ft²
Melrude, MN91 $ / ft²
Meadowlands, MN104 $ / ft²
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