$347,258
$20K since August
This home's estimate is 1.7% lower than the average sale price ($353K) of 6 comparable homes.
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OFF MARKET
$347,258
3
bd•
2 ba
•
1,080
sq ft
1361 Forsman Rd, Ely, MN 55731
About this home
1361 Forsman Rd is a 1,080 square foot house on a 2.4 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Ely data, we estimate the home's value is $347,258.
Single-familyProperty Type
2.4 acresLot Size
$322Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
Earn from this home
Rent
$2,294/mo
Redfin rental estimate
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Market trends in 55731, MN
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
94.2%
0.8% MoM
Median sale price
$275K
$6K MoM
Avg. days on market
62d
20 days MoM
Recently sold homes
28
6 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 8.5 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.
JuneDecember
Provided by Shadowmap
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