37Alpha

Iron County, MI Housing Market Brief

county · MI · as of July 2026

Buyer's

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.

Price Momentum20%
76
Inventory Health25%
41
Affordability20%
47
Economic Strength20%
8
Rental Yield15%
5

Where is Iron County, MI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

MetricValueYoY
Median Sale Price$232K▲ +22.4%
Median Days on Market56 days▲ +3.7%
Months of Supply6.3-20.2%
Homes for Sale101▲ +16.1%
Homes Sold16▲ +45.5%
Median Price / Sq Ft$180▲ +102.7%

How has Iron County, MI’s Alpha Score moved?

Now: 37
12-period trend
Median sale price · 12 mo

Markets like Iron County, MI

Frequently asked questions

Is Iron County, MI a buyer's or seller's market?

As of July 2026, Iron County, MI is classified as a Buyer's Market, based on its Alpha Score of 37 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 47 out of 100 on affordability — moderately 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 Price Momentum (76/100) and its weakest is Rental Yield (5/100). 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.