Mountain Iron, MN Housing Market

The Mountain Iron housing market is somewhat competitive. The median sale price of a home in Mountain Iron was $253K last month, up 33.2% since last year. The median sale price per square foot in Mountain Iron is $160, up 40.8% since last year.

Trends
Demand
Migration
Schools
Climate

Mountain Iron Housing Market Trends

What is the housing market like in Mountain Iron today?

$253K

Sale Price

+33.2%
since last year

$160

Sale $/Sq. Ft.

+40.8%
since last year

Under List Price

2.6%

Days on Market

60.5

Down Payment

—

Total Homes Sold

To compare other locations to the Mountain Iron and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Mountain Iron add value to a home.

How hot is the Mountain Iron housing market?

Mountain Iron is somewhat competitive. Homes sell in 60.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 61 days.
Hot homes
can sell for about 1% above list price and go pending in around 32 days.

Compare With Nearby Cities

Hibbing

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 35 days.
Hot homes
can sell for around list price and go pending in around 14 days.

Tower

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 70 days.
Hot homes
can sell for around list price and go pending in around 15 days.

See more nearby cities and neighborhoods

Mountain Iron Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Mountain Iron that sold recently

Recently sold homes

SOLD DEC 6, 2024
$308,000 Last Sold Price
3 beds
2 baths
—sq ft
8788 Fairview Ln, Mountain Iron, MN 55768
List Price
$319,900
Sale to List
4% under list
Days on Market
39 days
8788 Fairview Ln, Mountain Iron, MN 55768
SOLD DEC 3, 2024
$345,000 Last Sold Price
3 beds
2 baths
1,620 sq ft
9356 Old Hwy 169, Mt. Iron, MN 55768
List Price
$370,000
Sale to List
7% under list
Days on Market
87 days
9356 Old Hwy 169, Mt. Iron, MN 55768
SOLD NOV 7, 2024
$161,000 Last Sold Price
4 beds
2 baths
1,316 sq ft
8775 Merritt Pl, Mountain Iron, MN 55768
List Price
$154,900
Sale to List
4% over list
Days on Market
37 days
8775 Merritt Pl, Mountain Iron, MN 55768
SOLD NOV 6, 2024
$345,000 Last Sold Price
2 beds
2 baths
1,730 sq ft
5495 Diamond Ln, Mt. Iron, MN 55768
List Price
$355,000
Sale to List
3% under list
Days on Market
72 days
5495 Diamond Ln, Mt. Iron, MN 55768
SOLD OCT 24, 2024
$210,000
2 beds
1 bath
832 sq ft
8558 Mud Lake Rd, Mountain Iron, MN 55768
List Price
—
Sale to List
—
Days on Market
—
8558 Mud Lake Rd, Mountain Iron, MN 55768
SOLD OCT 22, 2024
$420,000
3 beds
3 baths
1,410 sq ft
5493 Cameo Ln, Mountain Iron, MN 55768
List Price
—
Sale to List
—
Days on Market
—
5493 Cameo Ln, Mountain Iron, MN 55768
SOLD OCT 18, 2024
$150,000 Last Sold Price
2 beds
1 bath
960 sq ft
5418 Giorgis Rd, Mt. Iron, MN 55768
List Price
$169,000
Sale to List
11% under list
Days on Market
172 days
5418 Giorgis Rd, Mt. Iron, MN 55768
SOLD OCT 16, 2024
$100,000
2 beds
1 bath
960 sq ft
5154 Country Rd, Mountain Iron, MN 55768
List Price
—
Sale to List
—
Days on Market
—
5154 Country Rd, Mountain Iron, MN 55768
See all recently sold homes in Mountain Iron.
See listings

Schools in Mountain Iron

Learn about schools in the Mountain Iron area

Elementary
Middle
High

GreatSchools Rating

8/10 Merritt Elementary School Public • PreK-6	330 Students	3 reviews
NR Esy Mount Iron Buhl Public • 1-12	- Students	N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Mountain Iron housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Mountain Iron.

Heat Factor - Minimal

100% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

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Mountain Iron, MN Housing Market

Mountain Iron Housing Market Trends

How hot is the Mountain Iron housing market?

Mountain Iron Migration & Relocation Trends

View houses in Mountain Iron that sold recently

Recently sold homes

Schools in Mountain Iron

GreatSchools Rating

Climate's impact on Mountain Iron housing

Flood Factor - Minor

Flood Factor

Fire Factor - Moderate

Fire Factor

Wind Factor - Minimal

Wind Factor

Heat Factor - Minimal

Heat Factor

More real estate resources for Mountain Iron

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