Mountain Iron, MN Market Trends

Last updated November 5, 2026

The median home price in Mountain Iron is $265,400, down 11.2% year-over-year. Median price per square foot is up 6.8% at $172/sq. ft. Homes are selling in 132 days on average, compared to 197 days last year. As of November 5, 2026, there are 6 active listings on the market, with 1 new listing in the last 7 days.

Median home price

$265K

11.2% YoY

YoY price change

-11.2%

-$33,600

Days on market

132

-65 days YoY

Active homes

6

100.0% YoY

Market trends and statistics

Median list price

$265,400

11.2% YoY

Inventory

6

100.0% YoY

Price per SqFt

$172

6.8% YoY

Days on market

132 days

33.0% YoY

Home size

1,417 sqft

23.5% YoY

Compare nearby cities

City	Median price	YoY change	$/Sqft	Days on market	Active homes
Mountain Iron	$265,400	-11.2%	$172	132	6
Virginia	$157,400	+44.4%	$86	44	12
Kinney	$80,000	—	$85	38	1
Leonidas	$34,900	—	$24	105	1
Eveleth	$334,700	+124.7%	$195	40	12
Iron	$108,900	—	$110	21	1

Education in Mountain Iron, MN

Select a district to view it's schools.

Mountain Iron-Buhl School District

Mountain Iron-Buhl School District has 2 high schools, 2 middle schools, and 2 elementary schools. It has an overall average GreatSchools rating of 7/10.

6/10

Merritt Elementary School

Grades PK, K-6

See zoned homes

N/A

Esy Mount Iron Buhl

Grades 1-12

See zoned homes

Data provided by GreatSchools.