Market Overview
Home Prices in Iron City, GA
The median home value in Iron City, GA is $158,235 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.5% compared to a year ago and down 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Iron City are priced61% below average.
Over the past five years, Iron City home values have risen by approximately10.9%, reflecting steady appreciation in this market.
Price History
Iron City Home Price Trend
2021
$142,628
$143K
—
2022
$155,149
$155K
+8.8%
2023
$157,005
$157K
+1.2%
2024
$168,859
$169K
+7.6%
2025
$160,622
$161K
-4.9%
2026
$158,235
$158K
-1.5%
City Comparison
Iron City vs. National Median
🏠 Iron City
$158,235
National Median
$410,000
At $158,235, homes in Iron City cost 61% below the national median of $410,000. This makes Iron City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Iron City?
20% Down Payment
$31,647
on $158,235
Monthly P&I
$825/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,048/mo
incl. taxes & insurance
Income Needed
$41,920
gross annual (30% rule)
10% Down Option
$15,824
+ PMI applies
Loan Amount (20% dn)
$126,588
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Iron City, GA?
The median home value in Iron City is $158,235 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.5% year-over-year.
How much have home prices changed in Iron City?
Over the past year, home values in Iron City have decreased by 1.5%. Over five years, prices have risen approximately 10.9%.
How much do I need to earn to buy a home in Iron City?
To comfortably afford the median home price of $158,235 with a 20% down payment ($31,647) at today's rates (6.8%), you'd need a gross annual income of approximately $41,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Iron City compare to the national average home price?
The national median home value is approximately $410,000. At $158,235, homes in Iron City are 61% below the national average.