The median home in Iron River, Michigan is valued at $107,321, up 9.6% year over year.

Home Value$107,321

+9.6%

Prices rising — worse for buyers.

Affordability

Enter your income for Iron River.

Income (annual)

Down Payment

$21,464 on $107,321

Example: $75,000 household income. Change it above to see your own.

Affordable13% of income

Under the 28% guideline.

PITI$814

P/I13%

Afford$231K

Room+$123K

P&I $543Tax $138Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Other cities in Michigan

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Iron River, MI