Iron County, MI Housing Market Brief
county · MI · as of May 2026
What is Iron County, MI’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Iron County, MI in its market cycle?
Iron County, MI is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
Iron County, MI housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $232K | ▲ +22.4% |
| Median Days on Market | 56 days | ▲ +3.7% |
| Months of Supply | 6.3 | ▼ -20.2% |
| Homes for Sale | 101 | ▲ +16.1% |
| Homes Sold | 16 | ▲ +45.5% |
| Median Price / Sq Ft | $180 | ▲ +102.7% |
| Sale-to-List Ratio | 97.6% | ▼ -0.5% |
How has Iron County, MI’s Alpha Score moved?
Markets like Iron County, MI
Frequently asked questions
Is Iron County, MI a buyer's or seller's market?
As of May 2026, Iron County, MI is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Iron County, MI?
The median sale price in Iron County, MI is $232K, having risen 22.4% over the past year.
How affordable is Iron County, MI?
Iron County, MI scores 90 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Iron County, MI's Alpha Score?
Iron County, MI's strongest dimension is Affordability (90/100) and its weakest is Economic Strength (8/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Iron County, MI? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.