49938
Ironwood, Michigan.
Ironwood, Gogebic County, MI · population 7,460
to buy the typical home at today's mortgage rate — +$376 (+175%) since Jan 2020.
- 1 year
- Up $8,362 +8%
- $104,311$112,673 since Sep 2025
- 5 years
- Up $28,647 +34%
- $84,026$112,673 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.
- 49938$591
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in zip 49938 rose 8.0% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Ironwood, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 49938
Mid-tier homes, smoothed and seasonally adjusted.
- 49938$112,673
- 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 |
|---|---|---|---|---|---|
| 4.1 | 49911 | Bessemer | 2,729 | — | $118,084 |
| 11.9 | 49968 | Wakefield | 2,203 | — | $109,929 |
| 12.2 | 54534 | Hurley | 2,393 | — | $144,573 |
| 12.5 | 54550 | Montreal | 768 | — | $123,516 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.