Iron County, MI

Land Market Insights and Pricing in Iron County, Michigan

On average, land listings in Iron County, MI have a lot size of 115 acres and are priced around $371,194. The median price per acre in Iron County, MI is $3,497.
Market Trends
Properties for Sale
134
Total Acreage for Sale
5,384 ac
Median Lot Size
40 ac
Average Lot Size
114.6 ac
Median List Price
$185,000
Average List Price
$371,194
Median Price Per Acre
$3,497 / ac
Total Price Reductions
Median Days on Market
370 days

Land for Sale in Iron County,

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About Iron County, MI
Iron County, Michigan, offers a diverse landscape of 1,166 square miles, characterized by forested areas, numerous lakes, and the prominent Iron Mountain in the southeast. The county's rich iron ore deposits and part of the Ottawa National Forest provide unique opportunities for both resource-oriented and nature-focused land buyers. With major highways like US-2 and US-141 enhancing accessibility, Iron County presents varied land options from fertile agricultural plots to pristine woodlands. The area's median home price of $101,500 reflects affordable real estate opportunities, though prospective buyers should note the 1.44% property tax rate, which exceeds the national average. Iron County's natural beauty, coupled with its cultural heritage and proximity to protected lands, makes it an attractive destination for those seeking a blend of scenic wilderness and potential for development.

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Disclaimer: The metrics displayed on this page are calculated based on listings advertised on the Land Network for properties over 10 acres, excluding commercial properties. The data reflects the characteristics and trends of these specific types of listings. If you have any questions or need more detailed information, please contact Customer Support.