Ironton, MN—56455
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ironton, MN
As of Oct '25, the median home price in Ironton, MN is $257,000, with a year-over-year change of -2.1%. This indicates that home prices in Ironton, MN are decreasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $257,000 | -2.1% |
| Single Family | $257,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $215,000 | 2.4% |
3 Bed | $279,000 | -0.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ironton, MN
As of July '25, Rentcast reports the average rent in Ironton, MN is $1,140, with a year-over-year rent change of -32.9%. Per bedroom, the median rent as of July '25 in Ironton, MN is 2-bedrooms: $1,140. The most common rental property sizes in Ironton, MN are 1-bedroom and 2-bedroom, accounting for 34.5% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,140 | $1,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,140 | $1,140 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ironton, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Ironton, MN is 74. This is a increase of 43.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $383,000 | 4.0% |
Listing Count | 10 | 40.0% |
| Listings as % of Homes | 0.1% | 40.0% |
Days on Market | 74 | 43.0% |
Demographics — Ironton, MN
As of the latest ACS Survey released in 2023, Ironton, MN has a population of 1,670, which has decreased by -15.2% over the past 5 years. Ironton, MN is a popular place for families, as children make up 29.8% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,670 | -15.2% |
% Under 18 | 29.8% | 11.6% |
% Seniors | 19.9% | 17.8% |
% WFH | 6.6% | 20.0% |
% w/ College Degree | 21.4% | 1.9% |
As of the latest ACS Survey released in 2023, Ironton, MN is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Ironton, MN is hispanic, making up 1.0% of the population. Foreign-born residents account for 1.4% of the population in Ironton, MN, and this percentage has increased by 55.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.2% | -1.2% |
% Black | 0.2% | 0.0% |
% Hispanic | 1.0% | 25.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.4% | 55.6% |
Mortgage and Risk — Ironton, MN
Ironton, MN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Ironton, MN
Ironton, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | $40 | $1,140 | $1,180 |
| 3 Bedroom | N/A | N/A | $1,430 |
| 4 Bedroom | N/A | N/A | $1,690 |
Affordability — Ironton, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $257,000 |
| Median Household Income | $66,000 |