Photo: Bobak Ha'Eri · CC BY 3.0105 homes sold in Iron Mountain in the last year, at a typical $163K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Iron Mountain homes are listed.
Every place Iron Mountain homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Iron Mountain.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 94% of Iron Mountain’s sales, at a typical $165K
105 homes sold in the year to May 2026.
typical sale · 99 sold in 12 months
- Per square foot
- $112MI $172
- Days to sell
- 59
- Sold over asking
- 24%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 6 sold, typical $111K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.7 times the 2016 price
105 sales in the last year, against 151 in 2017 and a low of 74 in 2012. The typical sale went from $59K in 2016 to $163K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Iron Mountain
Check a listing against what Iron Mountain homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Iron Mountain are more common than before the pandemic, but 42% fewer homes come up for sale
We read every month of Iron Mountain’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 105 sales.
If you’re buying in Iron Mountain
- Shop in June. It brings about 15 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
- Offer under asking. Buyers paid 96.7% of the list price on average; 23% paid over.
- You’ll usually have time. Only 28% of homes go under contract within two weeks; the typical one takes 65 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 17 a month), but July is the most competitive: 29% of July sales close over asking. January has the least competition (11%) but only about 6 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Michigan
| Iron Mountain now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 23% | 9% | 37% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 28% | 2% | 4% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 22% | — | — | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 96.7% | 93.7% | 99.3% | 98.4% |
| Days to sellMedian days from listing to contract | 65 | 115 | 69 | 33 |
31 homes for sale on a typical day
That’s 1.4 times the 2022 low (22), 42% fewer than in 2017–19 and well under 2014’s 75.
1 in 5 listings has cut its price
22% in the last year, against — in 2017–19 and 28% across Michigan.
Iron Mountain ranks 169th of 194 busy Michigan markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Iron Mountain is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Iron Mountain home costs about $1,048 a month
Price: Iron Mountain’s typical sale, last 12 months. Property tax at Iron Mountain’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Iron Mountain is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $163K home, about $2,370 a year.
Taxes vs. neighborsSchools
The schools grade for Iron Mountain, from test results, graduation and how much students grow.
Schools in Iron MountainTypical commute
The average one-way trip to work for people who live in Iron Mountain.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Norway sells for less a square foot
The busier markets within 25 miles of Iron Mountain, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Iron Mountain | 105 | $163K | $110 | 23% | 65 |
| Kingsford | 68 | $147K | $123 | 25% | 58 |
| Norway | 38 | $176K | $99 | 13% | 74 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Iron Mountain, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Iron Mountain. People who follow the town see it, and so do people comparing Iron Mountain with their own town. No commission, no listing fee.
Questions about buying a home in Iron Mountain
What do homes sell for in Iron Mountain, MI?
105 homes sold in the year to May 2026 at a typical $163K, $110 a square foot.
Is Iron Mountain a buyer’s or seller’s market?
A buyer’s market: 27 homes were for sale in May 2026 and 4 sold, about 6.8 months of supply. Buyers paid 96.7% of asking on average, and 22% of listings cut their price.
When is the best time to buy in Iron Mountain?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Iron Mountain?
About 1.5% of a home’s value a year. On a $163K home that’s near $2,370.
Where can I see homes for sale in Iron Mountain?
Zillow, Redfin, Realtor.com and Homes.com all carry Iron Mountain’s MLS listings; the search links above open each one filtered to Iron Mountain.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).