Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$222,359+6.5% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 11% have cut their price
Income needed to buy, per year$48,203About 0.8× the local median income ($60,564): affordable for a typical household
Days on market96 daysSlower than a year ago: buyers have time to negotiate
The typical home in Iron County, WI is worth $222,359, up 6.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $213,372, so the area is 4.2% overvalued. It is a balanced market, leaning toward buyers: homes take about 96 days to sell, listings are up 17% from a year ago, 11% of listings have had a price cut. A household needs about $48,203 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,564. In the latest IRS figures, 48 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$222,359
Change in 1 year
+6.5%
Overvalued %
+4.2%
Show 6 more
Fair home value
$213,372
Change in 5 years
+23.4%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,205
Income needed to afford it
$48,203
Property tax rate
1.07%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+17.4%
Days on market
96
Listings with a price cut
10.7%
Show 3 more
Homes for sale
54
Pending sales per 100 listings
24
Asking price per sq ft
$122
People and jobs
Median household income
$60,564
Population change (1 year)
−1.1%
Unemployment rate
2.5%
Show 4 more
Population
6,127
Income adjusted for cost of living
$67,594
Net moves in (IRS)
+48
Cost of living (US = 100)
89.6
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
11.5
Flood risk score
21.8
Show 3 more
Wildfire risk score
7.4
Walkability (1 to 20)
6.2
Road, rail and air noise
54 dB
Questions people ask
Is Iron County, WI overvalued?
Home prices in Iron County, WI are slightly above what local incomes have historically supported: fair value is about $213,372, so the area is 4.2% overvalued.
Is Iron County, WI a buyer's or seller's market?
Iron County, WI is a balanced market, leaning toward buyers: homes take about 96 days to sell, listings are up 17% from a year ago, 11% of listings have had a price cut.
Are home prices going down in Iron County, WI?
Home values in Iron County, WI are up 6.5% over the last year.
How much do you need to earn to buy a home in Iron County, WI?
A household needs about $48,203 a year to afford the typical home in Iron County, WI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,564.