49935
Iron River, Michigan.
Iron River, Iron County, MI · population 5,841
to buy the typical home at today's mortgage rate — +$492 (+155%) since Jan 2020.
- 1 year
- Up $15,728 +11%
- $138,792$154,520 since Sep 2025
- 5 years
- Up $48,765 +46%
- $105,755$154,520 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 49935$811
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in zip 49935 rose 11.3% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Iron River, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 49935
Mid-tier homes, smoothed and seasonally adjusted.
- 49935$154,520
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 10.7 | 49915 | Caspian | 570 | — | $74,087 |
| 13.3 | 49927 | Gaastra | 371 | — | $104,905 |
| 17.9 | 54554 | Phelps | 1,148 | — | $347,910 |
| 18.9 | 54542 | Long Lake | 702 | — | $156,827 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.