Iron County, MI: Foreclosures, Tax Liens & Distressed Properties

Iron County, MI, Michigan: 8 ZIP codes scored, Iron County, MI averaging 18/100 (low, Iron, MI), from 9 to 22. Iron County, MI is in its expansion phase (Iron, MI confidence 32/100): Iron, MI home prices up 5.5% (Iron, MI) over twelve months. Iron County, MI lender headwind: 100/100.

Highest-scoring Iron County, MI ZIPs: 49879 (22/100), 49902 (19/100), 49903 (19/100), 49915 (19/100), 49920 (19/100), 49927 (19/100). Also scored in Iron County, MI: 49935, 49967.

Across Iron County, MI's scored ZIPs: median home value $85,938, household income $54,176, 40.2% vacancy, 17.8% poverty, 89% owner-occupied, median age 57.1.

Iron County, MI insurance distress 27/100 (#1,737 in the US); FEMA hazard 52/100 for Iron, MI; 2 federal disaster declarations in Iron County, MI since 2023 (2 flood); Iron, MI construction distress 47/100.

4 banks with 4 branches lend in Iron County, MI; Iron, MI weighted bank stress 78/100, highest 90/100 in Iron, MI.

Iron County, MI unemployment 6.2% (Iron, MI -2.2 pts, six months); 161 new housing units permitted in Iron County, MI over twelve months, Iron, MI up 3% from 156; Iron, MI home prices +11.9% a year (Iron, MI) over three years.

9,156 housing units in Iron County, MI; 788 Iron, MI renter households; 41% of Iron, MI renters spend 30%+ of income on rent, 17% (Iron, MI) half or more.

Iron County, MI ranks #88 nationally on the opportunity index (Iron, MI, among all ranked counties); Iron, MI scores 37.5/100 and Iron, MI sits #3 inside Michigan. Iron, MI is in the strong_buy opportunity phase; Iron, MI's primary driver is vacancy, Iron, MI second driver bank institutional; Iron, MI moved up 5 places. 4 short-sale listings across Iron, MI; 45 days on market observed in Iron, MI; 40.0% vacancy over 8 Iron, MI ZIPs.

No CFPB county sample covers Iron County, MI. The non-metro area reading for Iron, MI: 1.0% ninety-plus days late; Iron, MI's thirty-to-eighty-nine share is 2.6% (Iron, MI, December 2025 data); Michigan overall 0.9%.

Iron County, MI has 3 watched banks; 3 Iron, MI banks sit in an elevated band. Iron, MI footprints: Northern Interstate Bank N A (1 branch, stress 84) in Iron, MI; First National Bank&Trust Co (1 branch, stress 75) in Iron, MI; Miners State Bank (1 branch, stress 64) in Iron, MI.

HUD lists 1 assisted multifamily property in Iron County, MI with 31 units; 31 Iron, MI units are assisted, 1 Iron, MI properties under project-based Section 8.

3,609 of the 9,156 housing units in Iron, MI sit vacant. Iron County, MI permitted 0 multifamily units in twelve months; Iron, MI's one-to-four unit structures added 161 units in Iron County, MI.