Data as of February 2026. Source: Realtor.com.
The IRON RIVER, WI real estate market (54847) currently shows 20 active listings, with 5 pending sales. Homes are averaging 125 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are selling faster, averaging 125 days on market compared to 131 days last year.
The median listing price has fallen 12.7% year-over-year, from $480,875 to $419,750.
Whether you are buying or selling in IRON RIVER, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 2,310 · Density: 4.7/mi² · Median household income: $68,646
Typical home value: $222,616 · Homeownership: 78.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54847 | Iron River, WI 54847 | 0.0 mi | 20 | $10,834,000 | $375,000 | $541,700 |
| 54865 | Port Wing, WI 54865 | 12.3 mi | 3 | $1,726,566 | $475,000 | $575,522 |
| 54849 | Lake Nebagamon, WI 54849 | 16.3 mi | 5 | $2,873,335 | $549,000 | $574,667 |
| 54832 | Drummond, WI 54832 | 17.2 mi | 0 | $0 | $129,900 | $129,900 |
| 54864 | Poplar, WI 54864 | 18.8 mi | 2 | $990,000 | $495,000 | $495,000 |
| 54873 | Solon Springs, WI 54873 | 20.9 mi | 10 | $4,738,750 | $412,450 | $473,875 |
| 54891 | Washburn, WI 54891 | 22.3 mi | 10 | $5,038,440 | $399,000 | $503,844 |
| 54806 | Ashland, WI 54806 | 26.2 mi | 30 | $8,609,580 | $262,000 | $286,986 |
| 54838 | Gordon, WI 54838 | 29.1 mi | 6 | $2,046,948 | $314,000 | $341,158 |
| 54814 | Bayfield, WI 54814 | 30.2 mi | 9 | $6,947,469 | $749,900 | $771,941 |
| 54880 | Superior, WI 54880 | 34.5 mi | 55 | $13,898,995 | $235,000 | $252,709 |
| 54846 | High Bridge, WI 54846 | 34.9 mi | 2 | $954,900 | $477,450 | $477,450 |
| 55812 | Duluth, MN 55812 | 36.0 mi | 10 | $5,799,290 | $550,000 | $579,929 |
As of February 2026, there are 20 active listings in IRON RIVER, WI (zip code 54847), compared to 13 the prior year.
The median listing price in IRON RIVER, WI 54847 is $419,750 as of February 2026, a 12.7% decrease from $480,875 the prior year.
Homes in IRON RIVER, WI 54847 spend an average of 125 days on the market before going under contract, compared to 131 days the prior year.
Based on current inventory and days-on-market data as of February 2026, IRON RIVER, WI 54847 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 125 days on market compared to 131 days last year.
With SELL123.com's maximum 3% commission, sellers in IRON RIVER, WI 54847 save an estimated $8,395 compared to a typical 5% commission on the median listing price of $419,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.