Zip 54847 (Iron River, WI) Housing

54847 Iron River, WI is an area with a particularly high housing median value. The housing median value in this area is $230,000, much higher than the US median house value of $338,100. In addition to its already high housing values, the past year has seen a 12.04% appreciation in house values in this area - far higher than the 8.27% appreciation rate for houses nationwide. This makes 54847 Iron River, WI an attractive place to invest in real estate with a very promising return on investment.

The median home cost in Iron River (zip 54847) is $230,000. Home appreciation the last 10 years has been 74.1%. Home Appreciation in Iron River (zip 54847) is up 14.4%.

Average Age of Homes

- The median age of Iron River (zip 54847) real estate is 34 years old

The Rental Market in Iron River (zip 54847)

- Renters make up 7.7% of the Iron River (zip 54847) population
- 0.8% of houses and apartments in Iron River (zip 54847), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Iron River, Wisconsin	United States
	2,059.0	139,647,020.0
	37	42
	$230,000	$338,100
	14.4%	16.6%
	56.8%	57.0%
	74.1%	101.1%
	$11.02	$10.98
	$2,368	$2,690
	44.3%	57.4%
	43.6%	11.2%
	12.1%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	40.0%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	3.0%	2.4%
	0.8%	2.8%
	6.6%	3.9%
	4.4%	4.5%
	12.8%	11.3%
	16.1%	13.0%
	35.5%	20.1%
	9.1%	13.6%
	5.3%	8.3%
	3.4%	9.7%
	1.2%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.6%	13.6%
	19.6%	13.6%
	15.5%	13.6%
	12.8%	13.2%
	14.3%	14.8%
	15.5%	13.6%
	6.7%	10.0%
	8.2%	4.7%
	9.7%	12.2%

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