Iron Mountain, MI housing market
The typical Iron Mountain home is worth about $196,000, up 5.6% in a year, 26% below the Michigan typical home.
Home values, sales, trends and how Iron Mountain compares with the towns next door — updated as new data is published.
Iron Mountain at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Iron Mountain | Michigan |
|---|---|---|
| 2017 | $91,000 | $144,000 |
| 2018 | $101,000 | $155,000 |
| 2019 | $104,000 | $165,000 |
| 2020 | $110,000 | $175,000 |
| 2021 | $126,000 | $194,000 |
| 2022 | $145,000 | $217,000 |
| 2023 | $153,000 | $230,000 |
| 2024 | $167,000 | $241,000 |
| 2025 | $181,000 | $253,000 |
| 2026 | $186,000 | $262,000 |
| August 2026 | $196,000 | $266,000 |
Iron Mountain and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Iron Mountain | $196K | +5.6% | — | $59,405 |
| Kingsford | $154K | +2.2% | 107 | $61,635 |
3.3 years of income
The typical Iron Mountain home costs about 3.3 years of the town's median household income, less than across Michigan (3.7 years).
How Iron Mountain ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.