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Ironwood

Ironwood

Located in Gogebic County

$104,376 Average Value
$129 Average Price per Sq Ft
25 Homes For Sale

Ironwood offers outdoor adventure in a community-oriented setting

Carrying the motto of "Find Your North", Ironwood is situated in the Upper Peninsula of Michigan, home to a population of around 5,000. Once a mining town, it's now known for its abundance of outdoor recreational options, especially in the winter. "Ironwood is centrally located to metro areas like Duluth, and it's only 20 minutes from Lake Superior. It's an outdoorsy community, since we've got so many ski hills and trails," says Karen Gullan, a local Realtor with Snow Country Real Estate who's been selling homes since 1982. "We're at the farthest western point in Michigan, right on the state line to Wisconsin. People move here looking to escape city life." Alongside its outdoor appeal, Ironwood is anchored by an active downtown scene that spotlights local businesses, emphasizing its community-oriented nature.

Diverse outdoor recreation, from ski hills to multi-use trails

Outdoor recreational opportunities are abundant in Ironwood, no matter the season. The community has several green spaces, the largest being Miners Memorial Heritage Park, situated at the heart of Ironwood. At 165 acres, it has the essentials that most main city parks provide, from a ball field, dog park and adjacent playground. "The memorial park is built where the old mines were. It has a ton of trails that people use for walking, snowshoeing and cross-country skiing, depending on the season," Gullan says, and points out that there are three major ski hills within a 14-mile radius of Ironwood. "There are also big waterfalls all over the area, and you can hike down to them right off the roads around town." Ironwood is the starting point of the Iron Belle Trail, a paved pathway that runs over 2,000 miles through Michigan and reaches Detroit. Maintained trails meant for motorized vehicles cut their way through town, which Gullan says are used for snowmobiling in winter and ATVs during summer.

Early 1900s homes dominate Ironwood’s residential landscape

The residential streets are quiet in Ironwood, lined with early 20th-century homes that have either been renovated or await a fresh update. While the community might not have the newest construction, the architecture is diverse, ranging from traditional National Folk styles to Craftsman homes and cottages. "Many people come here from the bigger cities, either getting a second home or retiring here," Gullan says. "Our population is small, and it feels rural. It's very much geared toward people who want to play where they live for a more affordable cost." Vintage properties under 1,000 square feet or needing renovation typically sell between $20,000 and $100,000. Larger, remodeled vintage homes and the rare modern home sell between $150,000 and $380,000.

Independent stores and eateries thrive in downtown Ironwood

Ironwood's commitment to integrating nature into every corner of the community extends to its downtown square, where pocket parks dot their way along the streets. In downtown Ironwood, the local is emphasized through independently owned boutiques, art galleries and restaurants. Rigoni's Bakery has been in operation since 1972 when miners were stopping by before heading off to work, and today, it's still doling out fresh bread and pasties. It's one of many stops that have been serving the community for decades, alongside a couple of newcomers, such as Cold Iron Brewing. There are grocers and big-box stores such as Walmart on the north side.

The long-running Jack Frost Festival

Ironwood keeps a packed schedule with events around the community, and the Jack Frost Festival is a stand-out annual celebration. Starting at the end of November and ending in late January, the festival celebrates the winter months with light displays, snowmobile races and craft nights. Holiday movies are screened at the Historic Ironwood Theatre, non-profits run charity raffles and people gather from surrounding counties to participate in skiing competitions.

Ironwood's main school offers career programs and winter sports

The community has one central public education institution, the Luther L. Wright K-12 School, which is operated by Ironwood Area Schools. Luther L. Wright receives a B from Niche and offers several career and technical education programs in partnership with Gogebic Community College. "The community college has a very popular ski management program, since there are so many resorts in the Upper Peninsula," Gullan says. "The kids going to Luther learn how to ski and ice skate during gym class."

Commuting in and around the Midwestern region

Several major roads run around Ironwood's borders, including Route 51, also referred to as the Korean War Veterans Memorial Highway, and Highway 2. Spanning roughly 305 miles, Highway 2 is a key thoroughfare for the Midwestern region. The community has a small but central medical center, Aspirus Ironwood Hospital, near the northeast side. While regional airports are around Ironwood's immediate area, most will drive 114 miles to fly out of Duluth International Airport on major airlines.

Kaitie Lamb
Written By
Kaitie Lamb

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Schools

Source:
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Parks in this Area

Ironwood Housing Trends

Housing Trends

Median List Price
$112,900
Median Sale Price
$98,200
Median Single Family Sale Price
$120,000
Median Change From 1st List Price
5%
Last 12 months Home Sales
136
Median Home Sale Price YoY Change
4%
Average Price Per Sq Ft
$129

Area Facts

Number of Homes in Neighborhood
1,001
Number of Homes for Sale
25
Median Year Built
1920
Months of Supply
2.20
Average Single Family Home Size Sq Ft
1,380
Significantly below the national average
1,925
Median Lot Size Sq Ft
9,147

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Ironwood Has More Owners

Demographics

Total Population
5,340
Median Age
48
Population under 18
19.1%
On par with the national average
23.8%
Population over 65
26.8%
Above the national average
19.1%

Finances

Median Household Income
$33,781
Significantly below the national average
$71,702
Average Household Income
$50,949

Education and Workforce

High School Graduates
92.8%
College Graduates
19.1%
Below the national average
34.1%
Advanced Degrees
6.1%
% Population in Labor Force
52.5%
Below the national average
65.1%

Weather

Annual Precipitation
38''
Average Winter Low Temperature
4°F
Average Summer High Temperature
76°F
Annual Snowfall
66''

Area Factors

Somewhat Bikeable

Bike Score®®

29 / 100

Car-Dependent

Walk Score®®

23 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Ironwood