Iron MN Homes for Sale

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Iron Real Estate

The median home value in Iron, MN is $732,500. This is higher than the county median home value of $197,400. The national median home value is $338,100. The average price of homes sold in Iron, MN is $732,500. Approximately 79.25% of Iron homes are owned, compared to 5.89% rented, while 14.86% are vacant. Iron real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Iron real estate agent to arrange a tour today!

Iron, Minnesota has a population of 1,645. Iron is less family-centric than the surrounding county with 23.17% of the households containing married families with children. The county average for households married with children is 26.31%.

The median household income in Iron, Minnesota is $77,917. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Iron is 51.8 years.

Iron Weather

The average high temperature in July is 77 degrees, with an average low temperature in January of -4.3 degrees. The average rainfall is approximately 27.3 inches per year, with 59.7 inches of snow per year.

Iron Real Estate Market Conditions

  • Median sales price

    $732,500
    13.2% change since last quarter
  • # Active listings

    0
    30-day change

Iron Schools and Demographics

Education near Iron, MN

Metric City County
High School Graduates 95.8 94.63
College Degree - 2 year 16.99 13.09
College Degree - 4 year 14.7 31.2
Graduate Degree 3.11 7.35
Expenditures per Student 16,248 16,248
Students per Teacher 15.2 15.2

Elementary Schools near Iron, MN

School Grades Students P/T Ratio ZIP
Cherry Elementary School PK - 06 269 14.1 55751
Franklin Elementary School PK - 04 413 14.3 55734
Merritt Elementary School PK - 06 275 13.5 55768

Middle Schools near Iron, MN

School Grades Students P/T Ratio ZIP
Eveleth-Gilbert Junior High School 07 - 08 183 14.7 55741
Nelle Shean Elementary School 05 - 06 162 13.6 55741

High Schools near Iron, MN

School Grades Students P/T Ratio ZIP
Cherry Secondary School 07 - 12 182 16 55751
East Range Academy of Tech-Science 09 - 12 131 11.6 55734
Eveleth-Gilbert Senior High School 09 - 12 304 18.5 55734
Mountain Iron-Buhl Secondary School 07 - 12 212 13.5 55768
Northeast Service Cooperative OLL 09 - 12 0 55768

Ungraded Schools near Iron, MN

School Grades Students P/T Ratio ZIP
Mesabi Academy School 05 - 12 86 7.8 55713

Demographics near Iron, MN

Metric City County
Neighborhood Type Small town
Population 1,645 200,311
Population Density 27 32
Median Age 51.8 40.9
People per Household 2.3 2.2
Median Household Income 77,917 61,213
Average Income per Capita 34,878 34,816