Iron River WI Multi Family for Sale

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Iron River Real Estate

The median home value in Iron River, WI is $425,000. This is higher than the county median home value of $148,000. The national median home value is $219,700. The average price of homes sold in Iron River, WI is $425,000. Approximately 41.05% of Iron River homes are owned, compared to 9.91% rented, while 49.05% are vacant. Iron River 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 River real estate agent to arrange a tour today!

Iron River, Wisconsin has a population of 1,079. Iron River is more family-centric than the surrounding county with 24.8% of the households containing married families with children. The county average for households married with children is 22.73%.

The median household income in Iron River, Wisconsin is $45,268. The median household income for the surrounding county is $50,110 compared to the national median of $57,652. The median age of people living in Iron River is 47.3 years.

Iron River Weather

The average high temperature in July is 79.2 degrees, with an average low temperature in January of -0.9 degrees. The average rainfall is approximately 31.7 inches per year, with 82.1 inches of snow per year.

Iron River Real Estate Market Conditions

  • Median sales price

    $425,000
    6.89% change since last quarter
  • # Active listings

    61
    30-day change

Iron River Schools and Demographics

Education near Iron River, WI

Metric City County
High School Graduates 91.27 94.44
College Degree - 2 year 13.36 12.02
College Degree - 4 year 19.05 31.03
Graduate Degree 7.28 8.47
Expenditures per Student 12,125 16,618
Students per Teacher 15.2 11

Elementary Schools near Iron River, WI

School Grades Students P/T Ratio ZIP
Drummond Elementary School PK - 06 199 11.3 54832
Iron River Elementary School KG - 05 95 11.2 54847
Northwestern Elementary School PK - 05 536 14.8 54864
South Shore Elementary School PK - 06 67 9.5 54865

Middle Schools near Iron River, WI

School Grades Students P/T Ratio ZIP
Drummond Junior High School 07 - 08 66 12.4 54832
Northwestern Middle School 06 - 08 304 16.6 54864

High Schools near Iron River, WI

School Grades Students P/T Ratio ZIP
Drummond High School 09 - 12 128 12.2 54832
Northwestern High School 09 - 12 454 16.4 54854
South Shore Junior/Senior High School 07 - 12 86 8.8 54865

Demographics near Iron River, WI

Metric City County
Neighborhood Type Rural
Population 1,079 15,004
Population Density 34 10
Median Age 47.3 51.6
People per Household 2 2.2
Median Household Income 45,268 50,110
Average Income per Capita 27,063 28,272