Home › Counties › Iron County, MI
The median home value in Iron County, MI is $154,720 as of 2026-08-31, up 12.66% from a year earlier.
Median Home Value
$154,720
Year-over-Year
+12.66%
National Rank
#2536 of 3071
Iron County ranks 79th out of 83 counties in MI by median home price, and is -34.2% below the U.S. national median of $235,072. Within MI, the typical county has a median home value of $226,891, making Iron County -31.8% below the MI state median.
The typical home value increased by 2.7%, from $150,700 in May 2026 to $154,720 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $150,700 | +10.2% |
| Jun 2026 | $157,529 | +11.0% |
| Jul 2026 | $155,291 | +12.1% |
| Aug 2026 | $154,720 | +12.7% |
Households here earn a median of $55,940 a year against a typical home value of $154,720 — a price-to-income ratio of 2.8×, comfortably below the 3× income level generally considered manageable. That is less affordable than roughly 19% of U.S. counties. (How this is calculated.)
The median home value in Iron County is $154,720. That's up 12.66% from a year earlier. That is about 34.2% below the U.S. national county median of $235,072, and makes Iron County the 79th most expensive of 83 counties in Michigan.
Median household income here is $55,940, so a typical home costs about 2.8× annual household earnings — relatively affordable compared with other U.S. counties.
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