Unshakable ZIP Data 49935 | Iron River, MI Housing Market
Iron River · Iron County · Michigan · Data updated June 19, 2026
The median sale price in ZIP 49935, Iron River, Michigan is $169,200 at $116 per square foot. 19 single-family homes sold in the latest period, down 25.9 percent from a year earlier. Homes sit a median of 73 days on market with 9.9 months of supply. Sellers are getting 93.7 percent of list price and 33.3 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $151,086 | |
| Average price per sq ft | $103 | |
| Median sale price | $169,200 | |
| Median sale price per sq ft | $116 | |
| Median home size | 1,461 sq ft | |
| Median new listing price | $194,537 | +11.2% |
| National size rank | 12,331 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 19 | -25.9% |
| Median days on market | 73 days | |
| Months of supply | 9.9 months | |
| New listings | 47 | +19.8% |
| Active listings | 70 | -6.8% |
| Pending sales | 19 | -23.0% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 93.7% | -3.1 pts |
| Share sold above list | 33.3% | +25.3 pts |
These figures describe the single-family market for Iron River, Michigan ZIP 49935. They are market context, not a substitute for sold comps or a formal appraisal.