April 2024

49938 Housing Market Report Ironwood, Gogebic County, Michigan

Report Updated 19 Days Ago

Housing Prices in 49938, MI

How much do homes in 49938, MI cost?

Median List Price

$139,900

$90/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$40,900(+41.3%)

Key Takeaway

The list price of homes in 49938 has increased by 41.3% since last year.

Summary: The median home list price in 49938 was $139,900 in April 2024, up 41.3% from the previous year, and the median price per square foot was $90.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$89.9K	$66.9K	-25.6%
3 Bedrooms	$107K	$139.9K	+30.7%
4 Bedrooms	$78.2K	$85K	+8.6%
5+ Bedrooms	$160K	$199K	+24.4%

Summary: 49938 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 25.6%, 3 bedroom homes increased by 30.7%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 24.4%.

Housing Supply in 49938, MI

How many homes are available in 49938, MI?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
11	16	+45.5%

Summary: The 49938 real estate market had 16 homes for sale in April 2024, a 45.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	1	1	0.0%
3 Bedrooms	8	10	+25.0%
4 Bedrooms	1	3	+200.0%
5+ Bedrooms	1	2	+100.0%

Summary: The 49938 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.

Days on Market for 49938, MI

How long does it take to sell a home in 49938, MI?

Average Listing Age

Apr 2023	Apr 2024	CHANGE
264 Days	88 Days	-66.6%

Summary: Homes in 49938 had an average listing age of 88 days in Apr 2024, down by 66.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

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Newest Listings in 49938, MI

What homes are available in 49938, MI?

See More Listings

$44,000

$523 Closing Credit

917 SqFt

E5200 Sunset Rd, Ironwood MI, 49938

CRAIG HEINONEN

Listing Office:

COLDWELL BANKER SCHMIDT REALTORS

#50142464

$82,500

$980 Closing Credit

425 SqFt

N12382 Black River Rd, Ironwood MI, 49938

JOSEPH METZGER

Listing Office:

SILVER PROPERTIES-EXP REALTY

#50142424

$139,900

$1,661 Closing Credit

2,112 SqFt

824 Florence St, Ironwood MI, 49938

ROB ALEXANDER

Listing Office:

RANGELAND REAL ESTATE

#50142257

$118,000

$1,401 Closing Credit

1,000 SqFt

117 E Michigan Ave, Ironwood MI, 49938

PETER SEIFERT

Listing Office:

FIRST WEBER, INC

#50142213

3 bedrooms, 1 full bath, 1 partial house for sale

$107,000

$1,271 Closing Credit

1 Full, 1 Partial

1,800 SqFt

227 E Pine St, Ironwood MI, 49938

WENDY ROUTHEAUX

Listing Office:

SILVER PROPERTIES-EXP REALTY

#50142110

$169,900

$2,018 Closing Credit

1,468 SqFt

314 Kennedy St, Ironwood MI, 49938

ELLEN WYSSLING

Listing Office:

THE REAL ESTATE STORE

#50141986

$31,500

Land

5.44 Acres

TBD N Black River Rd, Ironwood MI, 49938

JOHN WYSSLING

Listing Office:

THE REAL ESTATE STORE

#50141853

$89,900

$1,068 Closing Credit

1,250 SqFt

146 W Birch St, Ironwood MI, 49938

JESSE BAROKA

Listing Office:

RANGELAND REAL ESTATE

#50141675

$194,900

$2,314 Closing Credit

2,088 SqFt

310 N Suffolk St, Ironwood MI, 49938

TRACY AMUNDSON

Listing Office:

ZAK'S REALTY

#50141646

$86,900

$1,032 Closing Credit

860 SqFt

312 S Marquette Rd, Ironwood MI, 49938

JOSEPH METZGER

Listing Office:

SILVER PROPERTIES-EXP REALTY

#50141111

$28,000

Land

1.87 Acres

TBD Cloverland Dr, Ironwood MI, 49938

WENDY ROUTHEAUX

Listing Office:

SILVER PROPERTIES-EXP REALTY

#50140900

$85,000

$1,009 Closing Credit

1,680 SqFt

107 W Pine St, Ironwood MI, 49938

WENDY ROUTHEAUX

Listing Office:

SILVER PROPERTIES-EXP REALTY

#50139933

Nearby Markets to 49938, MI

MLS Disclaimers and Copyright

Based on information from MiRealSource Inc. DL for the period 05/01/2022 - 05/01/2024

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/20/2024, 11:20:43 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.