Are you looking for a home that is move-in ready? Or maybe you want a fixer-upper ready for your personal touch. Across the Iron Range we have a variety of properties and homes, from lake houses to un-built acreage. The best part? You’ll find that compared to the country and the State, our median home prices are significantly lower!
Our communities offer incredible value for homebuyers. A review of the 2021 American Community Survey: Median Value of Owner Occupied Housing Units showed across the Range, west to east, the median values were as follow:
| Hibbing | $111,300 |
| Chisholm | $97,500 |
| Buhl | $102,700 |
| Mt. Iron | $162,600 |
| Virginia | $90,200 |
| Eveleth | $76,500 |
| Gilbert | $95,800 |
| Biwabik | $84,800 |
| Aurora | $67,600 |
| Hoyt Lakes | $67,800 |
Compare these to $346,900, the 2021 median home price in the U.S., and $351,700, the 2023 Minnesota median home price. Affordable housing is still accessible in our region!
Life on the Range offers the perfect blend of convenience, community, and charm. Here’s what makes our communities special:
Life on the Range offers the perfect blend of convenience, community, and charm. Here’s what makes our communities special:
Step into communities designed for connection, not commuting. Our vibrant main streets put local shops, restaurants, and parks within easy walking distance.
Forget long commutes – our communities are minutes apart with minimal traffic. The Iron Range works as one connected community, making it easy to live in one town and work in another.
Living near schools means independence for your kids and peace of mind for you. Watch them walk safely to class or after-school activities.
Find charm in our historic homes with original hardwood floors and built-in character. Or choose modern comfort in our new construction with contemporary amenities.
Ready to purchase your first home on the Iron Range? We’ve gathered the most helpful local and state resources to help make your dream of homeownership a reality:
First-time buyers can access affordable loans and down payment assistance through this state program. Many Range buyers qualify for special interest rates and monthly payment assistance.
Many Iron Range communities qualify for USDA Rural Development loans, offering 100% financing options for eligible buyers.
New to the homebuying process? This comprehensive guide walks you through each step, from checking your credit to closing on your new home.
Have questions? Contact us or reach out to any of our local realtors. We’re here to guide you toward successful homeownership on the Range.
The Iron Range includes vibrant communities across northern Minnesota, from Hibbing and Chisholm in the west to Aurora and Hoyt Lakes in the east. Our connected communities span about 110 miles, each offering unique charm and character.
Our region offers exceptional value thanks to our established communities and lower cost of living compared to metropolitan areas. With median home prices ranging from $67,600 to $162,600, you’ll get more house for your money without sacrificing quality of life.
Winters here are true Minnesota winters – beautiful and full of outdoor recreation opportunities! Our communities excel at winter maintenance, and you’ll find plenty to do, from cross-country skiing to snowmobiling. Plus, our close-knit communities mean neighbors looking out for each other year-round.
Start by connecting with a local realtor who knows our communities well. They can help you explore different towns, understand local market conditions, and find properties that match your needs and budget. You can also browse online listings or contact us if you have questions.
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