MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Iron County, Michigan.
According to the latest data, Iron County’s Median Sale Price was pegged at $113,500, showing an increase of 26.1% from the preceding month and a rise of 7.1% from the year before.
The area witnessed the sale of 18 homes during this period, which is a 14.3% decrease from the preceding month and an increase of 100.0% compared to the same timeframe last year.
Furthermore, homes in Iron County were on the market for an average of 77 days before selling, reflecting a decrease of 37 days days month-over-month and an increase of 35 days day year-over-year.
The Market Pulse Score for Iron County is presently at 102, signaling an upward trajectory in the market’s activity.
For more information about the Iron County, Michigan market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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