Property prices for sale in Mountain Iron (Minnesota)

The price per sq.feet in Mountain Iron has increased strongly during the last 6 months. In November, the average price per sq.feet was $5,041. In the following month the price per sq.feet increased to $5,604. The price for the following two months in (January, February) had a considerable decrease of 67 with regard to the prior two months. The price per sq.feet has had a considerable increase of 223 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $4,455.75 to $9,930 during March, and April.

Based upon to the price in Mountain Iron (cities), these have remained the same in the last 6 months. The price in November is $207,357, rising in December till $235,658. During the following two months (January, February) the price has had an average incrementation from $221,507.5 to $241,640.5. During the last two months the average price has had a strong fall compared to the previous four going from $231,574 to $165,318, which means a 71 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $158,500 they are 32 % more affordable than the average price for Mountain Iron. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 22 % more expensive than the average aforementioned.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $91 / sq.feet, with an average $11,932 / sq.feet price in Mountain Iron. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 98 % cheaper than the average value aforementioned.