March 2024

Iron River Housing Market Report Bayfield County, Wisconsin

Report Updated 22 Days Ago

Housing Prices in Iron River, WI

How much do homes in Iron River, WI cost?

Median List Price

$349,000

$195/sqft

Based on all homes listed in the last 12 months.

The Median List Price hasn't changed since March 2023.

Key Takeaway

The list price of homes in Iron River has remained the same since last year.

Summary: The median home list price in Iron River was $349,000 in March 2024, the same as the previous year, and the median price per square foot was $195.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	$274.9K	$172K	-37.4%
2 Bedrooms	$279.4K	$349K	+24.9%
3 Bedrooms	$375K	$389K	+3.7%
4 Bedrooms	-	$454.9K	N/A
5+ Bedrooms	-	-	N/A

Summary: Iron River housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.4%, 2 bedroom homes increased by 24.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Iron River, WI

How many homes are available in Iron River, WI?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
16	22	+37.5%

Summary: The Iron River real estate market had 22 homes for sale in March 2024, a 37.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

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

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

Days on Market for Iron River, WI

How long does it take to sell a home in Iron River, WI?

Average Listing Age

Mar 2023	Mar 2024	CHANGE
205 Days	157 Days	-23.4%

Summary: Homes in Iron River had an average listing age of 157 days in Mar 2024, down by 23.4% compared to the previous year.

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

Report Updated 22 Days Ago

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Newest Listings in Iron River, WI

What homes are available in Iron River, WI?

See More Listings

$45,000

Land

5.00 Acres

000 W Long Lake Rd, Iron River WI, 54847

Jon Wheeler

Listing Office:

Blue Water Realty, LLC

#6113213

$575,000

$6,828 Closing Credit

2,028 SqFt

9745 Mccarry Lake Rd, Iron River WI, 54847

Listing Office:

Coldwell Banker Realty

#6520887

$399,900

$4,749 Closing Credit

982 SqFt

65765 Troutdale Rd, Hughes WI, 54847

Mark Nelson

Listing Office:

Timber Ghost Realty LLC

#1580860

$270,000

$3,206 Closing Credit

1,902 SqFt

68215 Main St, Iron River WI, 54847

Listing Office:

RE/MAX Results - Duluth (Main)

#6516498

$399,900

$4,749 Closing Credit

982 SqFt

65765 Troutdale Rd, Iron River WI, 54847

Listing Office:

Timber Ghost Realty, LLC

#6519820

$329,900

$3,918 Closing Credit

764 SqFt

9525 Buskey Bay Dr, Iron River WI, 54847

Listing Office:

Coldwell Banker Realty

#6520754

$270,000

$3,206 Closing Credit

1,902 SqFt

68215 S Main St, Iron River WI, 54847

Tom Acton

Listing Office:

RE/MAX Results

#6113171

$575,000

$6,828 Closing Credit

2,028 SqFt

9745 Mccarry Lake Rd, Iron River WI, 54847

Peggy Kman

Listing Office:

Coldwell Banker Realty Iron River

#1581210

$329,900

$3,918 Closing Credit

764 SqFt

9525 S Buskey Bay Dr, Iron River WI, 54847

Peggy Kman

Listing Office:

Coldwell Banker Realty

#6520754

$225,000

$2,672 Closing Credit

1,648 SqFt

9410 S Buskey Bay Dr, Iron River WI, 54847

Robin McKay

Listing Office:

RE/MAX Results

#6113121

$145,000

Land

9.67 Acres

67260 Hart Lake Rd, Iron River WI, 54847

Alexander Dempsey

Listing Office:

eXp Realty, LLC- WI

#6113104

$269,900

$3,205 Closing Credit

810 SqFt

9865 Mccarry Lake Rd, Iron River WI, 54847

Jessica Nettleton

Listing Office:

By the Bay Realty

#6113096

Nearby Markets to Iron River, WI

MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., and Lake Superior Area MLS for the period 04/01/2022 - 04/01/2024

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2024, 2:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2024, 2:22:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2024, 2:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.