Current Price

$89,741

1 Month Forecast

â–² $109,287

1-Year Forecast *

â–² $110,728

5-Year Forecast *

â–² $133,786

"Is it a good time to buy homes in Iron River?" "Does investing in real estate in Iron River (Michigan State, Iron County) worth it?" According to our live Forecast System, buying a house in Iron River is a good short-term (1-year) investment*. The Iron River average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Iron River" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Iron River in Michigan State, Iron County. If you are looking for homes for sale with good flipping profit, Iron River can be a profitable property investment option. The median price of an average house in Iron River was 89,741 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Iron River" area is 133,786 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +49.08% meaning that investing 100000 USD today may yield a profit of 49,081 USD by 2031.

Current Median Listing Price: 89,741 USD Median Listing Price Per Square Foot: 50 USD

Iron River Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Iron River (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Iron River Price Target

Iron River median home price target in 12 months: $110,728* (upside of 23.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $102,174 $109,171 $102,174 $109,171
2024 $80,400 $89,741 $80,400 $89,741
2023 $72,543 $80,324 $72,543 $80,324
2022 $71,707 $71,195 $71,106 $75,311
2021 $72,910 $70,833 $70,829 $74,450
2020 $61,195 $72,461 $61,195 $72,461
2019 $58,423 $60,494 $58,214 $60,494
2018 $55,801 $58,437 $55,695 $58,437
2017 $56,914 $55,450 $52,618 $56,999
2016 $57,725 $56,448 $56,127 $59,778
2015 $49,399 $57,713 $49,399 $57,951
2014 $51,528 $49,148 $49,141 $52,003
2013 $53,236 $52,152 $52,152 $53,256
2012 $49,576 $53,561 $49,576 $53,965

Questions & Answers about the Iron River Housing Market Forecast

How much does an average home cost in Iron River today?

The value of an average home (the listing price) in Iron River is $89,741 USD.

What is the average price per square foot in Iron River?

According to Walletinvestor the median price per square foot in Iron River is 50 USD.

Will the median listing price of homes in Iron River grow / rise / go up?

Yes. The Iron River home prices may rise from 89,741 USD to 110,728 USD in one year.

Is it profitable to invest in Iron River homes?

Yes. The long-term profit potential is +23.39% in one year.

Will Iron River house prices fall / drop?

No. See above.

What is the predicted price of a Iron River home in 2030?

The predicted home sales price of a Iron River home in 2030 in Iron River is 132,330 USD.

What is the predicted price of a Iron River home in 2035?

The predicted home sales price of a Iron River home in 2035 in Iron River is 173,604 USD.

Will real estate prices decrease in Iron River?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Iron River is the 10870. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Iron, Iron River decreased, looking at the past 12 months.

According to Walletinvestor's Iron River real estate market research, home values will increase in the next 12 months.

Median home values decreased by 14.689% to 89,741 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 23.116% in 2021
  • 25.086% in 2022
  • 22.086% in 2023
  • 22.776% in 2024
  • 24.076% in 2025
  • 23.646% in 2026

Based on our Iron River real estate market research and report the predicted sales prices will increase by 717.816% in the next 10 years.

Over the last 12 months, the value of homes in Iron River fluctuated: increasing 4 times .

Iron River (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Iron River Housing Market Forecast with Real Estate Prices for 2025
August 2025 109287 102511 116062
September 2025 109611 100842 118380
October 2025 110513 103550 117475
November 2025 110647 102238 119056
December 2025 109659 99680 119638
Iron River Housing Market Forecast with Real Estate Prices for 2026
January 2026 108680 99551 117809
February 2026 107709 97692 117726
March 2026 106807 97515 116100
April 2026 106813 98268 115358
May 2026 108102 98373 117832
June 2026 109407 100436 118379
July 2026 110728 102423 119032
August 2026 111651 103277 120025
September 2026 111102 99991 122212
October 2026 110720 102416 119024
November 2026 109732 100185 119279
December 2026 108752 102118 115386
Iron River Housing Market Forecast with Real Estate Prices for 2027
January 2027 107781 97758 117805
February 2027 107179 100427 113932
March 2027 106760 100568 112952
April 2027 106893 97487 116300
May 2027 108183 97473 118894
June 2027 109489 99416 119562
July 2027 110811 102168 119454
August 2027 111674 102852 120496
September 2027 112011 103946 120076
October 2027 112986 103834 122138
November 2027 113566 107433 119698
December 2027 114937 105052 124821
Iron River Housing Market Forecast with Real Estate Prices for 2028
January 2028 115104 109004 121205
February 2028 115779 104664 126894
March 2028 115920 108965 122875
April 2028 116743 108804 124681
May 2028 116852 109374 124331
June 2028 117619 105975 129264
July 2028 119039 108445 129634
August 2028 120476 111079 129873
September 2028 121930 114370 129490
October 2028 123402 111185 135619
November 2028 124360 115281 133438
December 2028 125543 118011 133076
Iron River Housing Market Forecast with Real Estate Prices for 2029
January 2029 125970 113373 138567
February 2029 126866 115955 137776
March 2029 127107 115794 138419
April 2029 127652 118205 137098
May 2029 129192 116790 141595
June 2029 130752 121861 139643
July 2029 132330 125581 139079
August 2029 133927 126159 141695
September 2029 135220 128053 142387
October 2029 136265 126590 145940
November 2029 136747 125260 148233
December 2029 136892 127583 146200
Iron River Housing Market Forecast with Real Estate Prices for 2030
January 2030 137298 124804 149792
February 2030 138428 124723 152132
March 2030 138596 126261 150931
April 2030 137358 127194 147523
May 2030 136132 126739 145525
June 2030 134916 127766 142067
July 2030 133786 122281 145292
August 2030 133793 123491 144096
September 2030 135408 123628 147189
October 2030 137043 123887 150199
November 2030 138697 124827 152567
December 2030 139854 132022 147685
Iron River Housing Market Forecast with Real Estate Prices for 2031
January 2031 139165 126362 151969
February 2031 138688 130921 146454
March 2031 137450 129890 145009
April 2031 136222 126959 145486
May 2031 135006 123126 146887
June 2031 134252 126868 141636
July 2031 133728 125570 141885
August 2031 133894 124120 143668
September 2031 135510 128735 142286
October 2031 137146 127546 146746
November 2031 138801 127003 150599
December 2031 139882 129811 149954
Iron River Housing Market Forecast with Real Estate Prices for 2032
January 2032 140305 129221 151389
February 2032 141526 131477 151574
March 2032 142252 133148 151356
April 2032 143969 129716 158222
May 2032 144179 132645 155713
June 2032 145024 131102 158947
July 2032 145201 134166 156236

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.