68Alpha

Iron Mountain, MI metro area Housing Market Brief

metro · as of May 2026

Seller's

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.

Price Momentum20%
+16.361
Inventory Health25%
-13.564
Affordability20%
90
Economic Strength20%
No data
50
Rental Yield15%
77

Where is Iron Mountain, MI metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Iron Mountain, MI metro area is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Iron Mountain, MI metro area housing market data

MetricValueYoY
Median Sale Price$176K0%
Median Days on Market82 days▲ +9.3%
Months of Supply4.8▲ +45.5%
Homes for Sale101-3.8%
Homes Sold21-34.4%
Median Price / Sq Ft$131▲ +17.7%
Sale-to-List Ratio97.9%▲ +2.7%

How has Iron Mountain, MI metro area’s Alpha Score moved?

Now: 68
4-period trend
Median sale price · 12 mo

Markets like Iron Mountain, MI metro area

Frequently asked questions

Is Iron Mountain, MI metro area a buyer's or seller's market?

As of May 2026, Iron Mountain, MI metro area is classified as a Seller's Market, based on its Alpha Score of 68 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 90 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 (90/100) 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.