Iron River, WI Home Values & Market Trends
Real estate market trends reflect that there have been 6 transactions over the past year in Iron River. The median value for residential home transactions that occurred over the previous year is $418,623. The number of current listings in Iron River is 67, and the percentage of properties for sale in the city is 67.00%. Iron River, WI currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 67 properties for sale.
Iron River, WI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 54847 | $ 418,623 $ 233/sqft |
Housing Market Summary for Iron River, WI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $350K | $399.4K | 14.13% |
| Median Sold Price | $0 | $227.3K | - |
| Homes For Sale | 50 | 67 | 34.00% |
| Homes Sold | 0 | 3 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Iron River, WI
Browse Homes in Iron River, WI
Iron River home values range from $87,262 to $1,999,000. The median estimated value of a home in Iron River is $418,623. The median list price of a home is 399,450, and the total count of properties in the city is 71.
- Pre-ForeclosurePre-foreclosure homes account for 1.41% of all residential properties in Iron River, WI with 54847 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Iron River, WI; of that zips, the estimated home value for pre-foreclosure homes ranges from $587,539 in 54847 to the lowest home value of $587,539 in 54847.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Iron River, WI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Iron River, WI. There is 1 zips within Iron River, WI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Iron River, WI. Auction homes and other auction properties account for 0% of all properties in Iron River, WI. There is 1 zips within Iron River, WI; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Iron River, WI
Wisconsin Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.