Situated in the North Star State, Mountain Iron, MN is an idyllic small town with a population of just over 3,000. With its close proximity to Duluth and St. Paul, it's a great place to call home. The median value of housing in Mountain Iron is $166,700 which is considerably lower than the median value of US housing at $338,100. Despite being lower than the US average however, house values have appreciated by 13.08% in the last year compared to 8.27% for all US homes - making it an attractive area for prospective buyers looking to invest in property.
The median home cost in Mountain Iron (zip 55768) is $166,700. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Mountain Iron (zip 55768) is up 13.2%.
Average Age of Homes
- The median age of Mountain Iron (zip 55768) real estate is 42 years old
The Rental Market in Mountain Iron (zip 55768)
- Renters make up 33.2% of the Mountain Iron (zip 55768) population
- 4.1% of houses and apartments in Mountain Iron (zip 55768), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.