The housing market in 49935 Iron River, MI is booming! With a median value of $97,400, it's much lower than the US house median value of $338,100. Furthermore, while the US house appreciation rate is 8.27%, the house appreciation rate in Iron River is 12.24%. This shows that the housing market in Iron River is growing faster than the national average and could be a great place to invest in real estate.
The median home cost in Iron River (zip 49935) is $97,400. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Iron River (zip 49935) is up 18.2%.
Average Age of Homes
- The median age of Iron River (zip 49935) real estate is 59 years old
The Rental Market in Iron River (zip 49935)
- Renters make up 10.3% of the Iron River (zip 49935) population
- 0.5% of houses and apartments in Iron River (zip 49935), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.