The median home in Iron River, Michigan is valued at $107,321, up 9.6% year over year.
Home Value$107,321
+9.6%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Iron River.
$21,464 on $107,321
Affordable — 13% of income
Under the 28% guideline.
PITI$814
P/I13%
Afford$231K
Room+$123K
P&I $543Tax $138Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Michigan
Compare Iron River with other housing markets across Michigan.