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Foreclosure Homes in Ironwood, MI 49938

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Ironwood, MI Foreclosures

How much do homes sell for in Ironwood, MI?
The average home price is currently $115,683.
In Ironwood, MI, how many homes are available?
There are currently 7 active home listings available in Ironwood.
What’s the average rental cost in Ironwood, MI?
The average rental price in Ironwood is $1,201.
What is the most expensive home in Ironwood?
The most expensive home sold in Ironwood had a price of $846,215.
What is currently the cheapest priced home in Ironwood, MI?
The cheapest home for sale in Ironwood is priced at $13,050.

Living in Ironwood, MI

Ironwood, MI is a hidden gem in the Upper Peninsula offering a friendly small-town experience with abundant outdoor activities. Nestled among breathtaking landscapes, this town combines a rich history with community-oriented living. Perfect for nature enthusiasts and families, Ironwood thrives with recreational opportunities and excellent local schools.

Current Market Conditions in Ironwood, MI

The real estate market in Ironwood has shown stable activity, with a mix of buyers looking for vacation homes and families settling in the area. Properties in Ironwood attract buyers due to their affordability compared to other regions in the Midwest, making it an attractive destination for those seeking a unique lifestyle.

Recent trends indicate a gradual increase in home values over the past several months. With many buyers competing for a limited number of homes, the market remains competitive, particularly for single-family homes in desirable neighborhoods.

Home Value Estimator For Ironwood, MI

There are currently 3,083 real estate properties in Ironwood, MI, with a median automated valuation model (AVM) price of $95,701.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ironwood, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ironwood, MI, is $115,683.00, with the most expensive house in Ironwood, MI, topping out at $846,215.00 and the cheapest home in Ironwood, MI, clocking in at $13,050.00. In other words, there’s something for every potential homebuyer or savvy investor in Ironwood, MI!

Rent Prices In Ironwood, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ironwood, MI, is on a rollercoaster ride. The average rent price in Ironwood, MI, is $1,201.00. Indeed, when looking to rent in Ironwood, MI, you can expect to pay as little as $670.00 or as much as $2,500.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Ironwood, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Ironwood, MI 49938 Foreclosures

Market Trend for Ironwood, MI

Total Listings Available: 7

Market Values:

Home Prices from $13,050 to $846,215

Average Sales Price: $115,683

Rental Values:

Rental from $670 to $2,500

Average Rent Value: $1,201 / month

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