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Area data

Ironwood, MI — ZIP 49938

Population: 7,460 (Census ACS)

The typical home value in ZIP 49938 (Ironwood, MI) is $112,673 — up 8.0% over the past year. Homes sell for a median $145,157 after a median 48 days on market. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with lightning, cold wave, winter weather the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$112,673

Typical home value

+8.0%

1-year change

48

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Typical home value
$112,673
1-year appreciation
+8.0%
3-year appreciation
+19.8%
5-year appreciation
+34.1%
10-year appreciation
+92.7%
Peak value since 2000 (Sep 2026)
$112,673
House Price Index (state)
400.5 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$145,157
Median list price
$167,289
Median price per sqft
$123
1-year sale-price change
-10.3%
Median days on market
48 days
Homes sold (recent period)
30
For-sale inventory
50
Sale-to-list ratio
97.0%
Active listings
47
New listings (monthly)
11

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$706/mo
1BR fair-market rent
$816/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,404/mo
4BR fair-market rent
$1,495/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
7.18%
15-year mortgage rate (national)
6.57%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
0
Middle schools
0
High schools
1
Avg student-teacher ratio
13.3 : 1
Schools include
Gogebic Co Community Education, Luther L Wright K12 School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
lightning, cold wave, winter weather
Notable hazard ratings (county)
lightning: Relatively High · cold wave: Relatively Moderate · winter weather: Relatively Moderate · hail: Relatively Low · ice storm: Relatively Low · strong wind: Relatively Low
Wildfire risk to homes (county)
Higher than 16% of US counties
Buildings in wildfire direct-exposure zone
63.4%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
40.0°F
Average high
50.0°F
Average low
31.0°F
Annual precipitation
37.4 in
Annual snowfall
170.3 in
USDA plant hardiness zone
4b (extreme annual low -25 to -20°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
2
Nearest national park
North Country National Scenic Trail (33 mi)
National parks include
North Country National Scenic Trail, Apostle Islands National Lakeshore
Airports within 30 mi
4
Nearest airport
Gogebic Iron County Airport (IWD) (4 mi)
Nearest major airport
Rhinelander Oneida County Airport (RHI) (68 mi)
Hospitals in or near this ZIP
1
Hospitals include
ASPIRUS IRONWOOD HOSPITAL
Solar radiation rating
Fair (3.6 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+82 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1948
Housing built before 1970
75.8%
Housing built 2000 or later
5.0%
Median annual property tax
$1,601
Mean commute to work
17 min
Households with broadband internet
63.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
3,377
Average weekly wage
$904
Top industries (by employment)
Accommodation & Food, Arts & Entertainment, Other Services
Annual residential building permits (county)
23

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 49938State medianUS median
Typical home value$112,673$240,653$285,053
Median sale price$145,157$259,924$319,906
Median days on market48 days36 days48 days
Median annual property tax$1,601$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 49938?
$112,673.
What is the median sale price in ZIP 49938?
$145,157.
How long do homes take to sell in ZIP 49938?
Median days on market: 48 days.
What is typical rent in ZIP 49938?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 49938?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: lightning, cold wave, winter weather.
What is the wildfire risk in ZIP 49938?
Risk to homes is higher than 16% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 49938?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 49938?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 49938?
2 schools (1 high) (NCES, 2024-25).
What is the cost of living in ZIP 49938?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Nov 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents