Iron Mountain, MI metro area Housing Market Brief
metro · as of July 2026
What is Iron Mountain, MI metro area’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 Mountain, MI metro area in its market cycle?
Iron Mountain, MI metro area is classified as Peaking — late-cycle, with momentum cooling from a high level. This is a classification of recent (1–12 month) momentum, not a price forecast.
Iron Mountain, MI metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $176K | 0% |
| Median Days on Market | 41 days | ▼ -6.8% |
| Months of Supply | 4.8 | ▲ +45.5% |
| Homes for Sale | 101 | ▼ -3.8% |
| Homes Sold | 21 | ▼ -34.4% |
| Median Price / Sq Ft | $131 | ▲ +17.7% |
How has Iron Mountain, MI metro area’s Alpha Score moved?
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Frequently asked questions
Is Iron Mountain, MI metro area a buyer's or seller's market?
As of July 2026, Iron Mountain, MI metro area is classified as a Seller's Market, based on its Alpha Score of 70 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Iron Mountain, MI metro area?
The median sale price in Iron Mountain, MI metro area is $176K, having held roughly steady over the past year.
How affordable is Iron Mountain, MI metro area?
Iron Mountain, MI metro area scores 91 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Iron Mountain, MI metro area's Alpha Score?
Iron Mountain, MI metro area's strongest dimension is Affordability (91/100) and its weakest is Economic Strength (50/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Iron Mountain, MI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.