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Mountain Iron, MN Homes for Sale

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  • /32

    $490,000

    • 4 Beds
    • 1.5 Baths
    • 1,506 Sq Ft

    4913 Highway 25, Mountain Iron, MN 55768

    It's time to ESCAPE to your own private sanctuary with this spectacular 4-bedroom, 2-bath home nestled on 110 beautifully wooded acres surrounded on 3 sides with state land. Offering the perfect blend of secluded acreage and convenience, with the property being ideally located. This home is a dream come true for outdoor enthusiasts or hobbyists! The main level has 3 bedrooms and full bath, a

    Agent Photo

    Greg Hoffman

    Edina Realty, Inc.

    4913 Highway 25, Mountain Iron, MN 55768
  • /6

    $399,999

    Coming Soon
    • 4 Beds
    • 2 Baths
    • 2,456 Sq Ft

    4979 Highway 7, Mountain Iron, MN 55768

    Agent Photo

    Hannah Aldrich

    Keller Williams Select Realty

    4979 Highway 7, Mountain Iron, MN 55768
  • /26

    $79,000

    $9K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 3,120 Sq Ft

    8880 Main St, Mountain Iron, MN 55768

    Fantastic business and/or rental opportunity in the Historical Bank Building in Downtown Mt. Iron! The main floor features an oversized potential business area with multiple offices, an entry with great storefront windows, and bathroom. Upstairs you will find the large 3-bedroom apartment with hardwood flooring, and massive living room/dining area, along with a full bathroom with laundry.

    Agent Photo

    Greg Hoffman

    Edina Realty, Inc. - Virginia

    8880 Main St, Mountain Iron, MN 55768
  • /48

    $279,900

    $10K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 672 Sq Ft

    4214 McSweeney Rd, Mountain Iron, MN 55768

    Tucked away on over 3 acres overlooking Lake McQuade, this cozy cabin offers the perfect up north retreat. The home features 1 bedroom, 1 bathroom, plus a bonus non-conforming bedroom ideal for bunk beds or extra guests. The inviting living room showcases beautiful lake views and a warm, comfortable atmosphere. The property also features two garages with plenty of space for vehicles, outdoor

    Agent Photo

    Andy Zahorsky

    Mirabella Realty

    4214 McSweeney Rd, Mountain Iron, MN 55768
  • /19

    $79,000

    • Land
    • 30 Acres
    • $2,633 per Acre

    County Road 308 County Road 308, Mountain Iron, MN 55768

    Discover 30 exceptional acres offering outstanding recreational opportunities and long-term potential. This diverse property is a hunter’s paradise, with excellent habitat for deer, grouse, and bear. Outdoor enthusiasts will also appreciate the direct access to a nearby snowmobile trail, providing miles of winter adventure right from the property.Adding to its appeal, the land offers

    Tammi Bischoff COLDWELL BANKER NORTHWOODS

    County Road 308 County Road 308, Mountain Iron, MN 55768
  • /45

    $599,900

    • 3 Beds
    • 1 Bath
    • 1,365 Sq Ft

    4345 Spirit Lake Rd, Mountain Iron, MN 55768

    Incredible Income Potential! Welcome to a truly one-of-a-kind property offering endless possibilities! Situated on approximately 5 picturesque acres, this exceptional property features a beautifully renovated nearly 5,500-square-foot barn transformed into a stunning event venue that’s ready to impress. From weddings and celebrations to corporate gatherings and private events, the opportunities

    Angela Hilmerson RE/MAX Central MN

    4345 Spirit Lake Rd, Mountain Iron, MN 55768
  • /17

    $255,900

    $24K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,596 Sq Ft

    5414 Park Dr, Mountain Iron, MN 55768

    SOUTH GROVE Looking for a home that you can walk into and start enjoying yourself? Check out this 3 bedroom home in highly desired location in Mt. Iron. Main floor features a large kitchen with wood flooring, plenty of cabinets & counterspace plus a half bath a nice size dining area and large living room with recessed lighting. The Primary Bedroom features an en suite 3/4 bath plus a huge walk-in

    Rick Clark Northwoods Land Office

    5414 Park Dr, Mountain Iron, MN 55768
  • /38

    $369,900

    • 4 Beds
    • 2 Baths
    • 2,072 Sq Ft

    9612 E Hayes Rd, Mountain Iron, MN 55768

    Beautifully updated home on 47 acres near Cherry -- with river frontage on West Two River, an incredible 54x45 pole building, and an additional 36x24 garage! 4 bedrooms (2 main floor bedrooms + 2 recently added bedrooms in the basement) / 2 bathrooms / New high efficiency propane furnace / New propane water heater / New washer & dryer / Large eat-in kitchen / Spacious rec room, sauna, pantry, and

    Matt Rengstorf Perrella & Associates

    9612 E Hayes Rd, Mountain Iron, MN 55768
  • /10

    $22,500

    • Land
    • 23,086 Sq Ft
    • $42,453 per Acre

    87XX Arbor Ln, Mountain Iron, MN 55768

    Beautiful buildable lot in Mountain Iron. Enjoy the short drive to schools, stores, and the recreation complex and build your home of your dreams. This lot is located in a prime area close to all of the conveniences this community has to offer. Open to the builder of your choice. Close to many lakes for fishing and watersports. Also close to public state and county land for hunting, hiking,

    Michael Hultquist Timber Ghost Realty, LLC

    87XX Arbor Ln, Mountain Iron, MN 55768
  • /36

    $325,000

    • 2 Beds
    • 1 Bath
    • 752 Sq Ft

    4144 McSweeney Rd, Mountain Iron, MN 55768

    Discover your Northwoods getaway on beautiful McQuade Lake! This seasonal 2-bedroom, 1-bath cabin offers 250 feet of lakeshore and a private setting perfect for enjoying everything lake life has to offer. Spend your days fishing, swimming, boating, kayaking, or simply relaxing while taking in the peaceful lake views. The property includes two docks, a lakeside bunkhouse for additional guests, a

    Darcie Novak My Place Realty Inc

    4144 McSweeney Rd, Mountain Iron, MN 55768
  • /22

    $120,000

    $20K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 864 Sq Ft

    5440 Park Dr, Mountain Iron, MN 55768

    Well-maintained rambler on a large, private lot with a 2-stall detached garage. The bright, open floor plan features newer windows tons of natural light. Generous kitchen and living room offer abundant counter and living space—ideal for everyday living and entertaining. Enjoy a sizable backyard with a paved patio, perfect for outdoor dining, gardening, or play. Convenient, comfortable and move-in

    Lindsay Aagenes Culbert Realty

    5440 Park Dr, Mountain Iron, MN 55768
  • /38

    $215,500

    $5K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,156 Sq Ft

    1503 9th St S, Virginia, MN 55792

    Welcome home to this spacious and well-maintained 4-bedroom, 2-bathroom property in Virginia, Minnesota. The main floor features a large living room with natural light, a dining area, functional kitchen, convenient main-floor bedroom, full bathroom, and laundry area for easy everyday living. Upstairs, you'll find three beautifully remodeled bedrooms and up updated bathroom, providing comfortable

    Brittany Bakken z' Up North Realty

    1503 9th St S, Virginia, MN 55792
  • /5

    $99,900

    • 5 Beds
    • 3 Baths

    1515 11th St S, Virginia, MN 55792

    Don’t miss the opportunity to own this income-generating, tenant-occupied property. There is potential for increased revenue. Priced competitively for a quick sale. All buildings feature newer roofs.

    Amanda Lindberg Edina Realty, Inc.

    1515 11th St S, Virginia, MN 55792
  • /36

    $339,000

    • 3 Beds
    • 2 Baths
    • 1,539 Sq Ft

    1430 12th St S, Virginia, MN 55792

    This is a unique opportunity! One level living, low maintenance home with attached garage AND a 54x36 pole building with concrete slab all in town, walking distance to shopping and convenient for commuting on Hwy 53 and 169 all in a great neighborhood in Virginia, MN! The side entrance porch has tongue and groove, etched concrete and heated floors, as does the heated and insulated 30x30 attached

    Darcie Novak My Place Realty Inc

    1430 12th St S, Virginia, MN 55792
  • /13

    $49,500

    • Land
    • 3.5 Acres
    • $14,143 per Acre

    TBD-B Highway 169, Virginia, MN 55792

    Beautiful Potential 3.5 Acre Homesite Set Back Off Highway 169 Just A Few Miles North of Virginia. Adjacent parcel also for sale.

    Lisa Janisch Janisch Realty Inc.

    TBD-B Highway 169, Virginia, MN 55792
  • /21

    $119,900

    • 3 Beds
    • 1.5 Baths
    • 1,296 Sq Ft

    1520 9th St S, Virginia, MN 55792

    Move-in-ready describes this 3 bedroom home located a short distance to the Mall, grocery stores and other businesses. The freshly painted interior makes the home feel cheery and bright. There is a nice entry area, living room, bedroom with French Doors a 3/4 bath and large kitchen with many cabinets and small center island on the main level. Upstairs is a bonus area leading to two bedrooms all

    Betsy Clark Northwoods Land Office

    1520 9th St S, Virginia, MN 55792

Why Live in Mountain Iron

Mountain Iron, MN, a historic mining community established in 1890, is known as the “Taconite Capital of the World” due to the presence of U.S. Steel’s Minntac facility. This small city is part of the Mesabi Iron Range, which includes the Quad Cities of Virginia, Eveleth, and Gilbert. Housing options range from early 1900s bungalows and Colonial Revivals in Old Town Mountain Iron to mid-1900s ranch-style and split-level homes in South Grove and West Virginia neighborhoods. Outdoor enthusiasts can enjoy the 132-mile Mesabi Trail, Locomotive Park, and various recreational activities at South Grove Recreation Complex. Former mining pits, such as Mott Pit, now serve as clear, trout-stocked lakes for swimming, fishing, and kayaking. Mountain Iron offers convenient shopping at Walmart and is close to additional retailers and dining options in nearby Virginia. Local favorites include Sawmill Saloon & Restaurant, Adventures Restaurant & Pub, and Other Guys Burgers. The Mountain Iron-Buhl Public Schools system, though small, boasts a competitive sports program, with the girls basketball team winning the state championship in 2023. Annual events like Merritt Days celebrate the city’s mining heritage. Major highways U.S. 169 and 53 provide access to Duluth, 70 miles away, and Canada, approximately 100 miles north.

Frequently Asked Questions

What is the average home price in Mountain Iron, MN?
Homes for sale in Mountain Iron, MN have an average home price of $282,468.
Are home prices dropping in Mountain Iron?
Yes, home prices in Mountain Iron are down 8% in the last 12 months.
How many homes have sold over the last 12 months in Mountain Iron, MN?
26 homes have sold in Mountain Iron, MN over the last 12 months.
What is the average household income in Mountain Iron, MN?
The average household income in Mountain Iron, MN is $77K.
What are the most popular zip codes in Mountain Iron, MN?
The most popular zip codes in Mountain Iron, MN include 55768, 55792, 55751, 55734 and 55710.
How much do you need to make to afford a house in Mountain Iron?
The median home price in Mountain Iron is $275,000. If you put a 20% down payment of $55,000 and had a 30-year fixed mortgage with an interest rate of 6.43%, your estimated principal and interest payment would be $1,380 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $59K a year to afford the median home price in Mountain Iron. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Mountain Iron is $77K.
How are the schools in Mountain Iron, MN?
Mountain Iron, MN has highly rated public and private schools. Some of the best schools in Mountain Iron based on Niche Grades are Rock Ridge High School, Mountain Iron-Buhl Secondary School and Merritt Elementary School. Browse all the schools in Mountain Iron, MN to learn more.

Home Price Trends

Median Sale Price
$290,000
Median Single Family Sale Price
$259,900
Median 2 Bedroom Sale Price
$225,000
Median 1 Bedroom Sale Price
$140,000
Average Price Per Sq Ft
$146
Number of Homes for Sale
4
Last 12 months Home Sales
26
Months of Supply
1.80
Median List Price
$275,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
32%
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