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Area data

Iron mountain, MI — ZIP 49801

Population: 11,860 (Census ACS)

Home values & appreciation

Median home value
$197,047
1-year appreciation
+4.8%
3-year appreciation
+17.7%
5-year appreciation
+34.8%
10-year appreciation
+90.2%
All-time peak (2026-07)
$197,047
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$110,000
Median list price
$212,800
Median days on market
143.5 days
Sale-to-list ratio
88.1%
Active listings
5
1-year forecast
+2.8%
New listings (monthly)
17

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
1
Middle schools
2
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, hail, lightning

Climate (30-year normals)

Average annual temperature
42.5°F
Average high
53.0°F
Average low
31.5°F
Annual precipitation
25.3 in
Annual snowfall
58.0 in

Walkability & transit

Walkability index
3.8 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Ford Airport (IMT) (12 mi)
Nearest major airport
Ford Airport (IMT) (12 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
4.5 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+62 tax filers

Housing stock

Median year housing built
1,966
Median annual property tax
$2,214
Mean commute to work
14 min
Households with broadband internet
71.4%

Employment & development

Total county employment
11,476
Average weekly wage
$1,059
Top industries (by employment)
Construction, Accommodation & Food, Health Care
Annual residential building permits (county)
42

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents