$506,383
$0 since July
This home's estimate is 16% lower than the average sale price ($603K) of 6 comparable homes.
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OFF MARKET
$506,383
2
bd•
2 ba
•
1,728
sq ft
1516 Hanson Rd, Ely, MN 55731
About this home
1516 Hanson Rd is a 1,728 square foot house on a 40 acre lot with 2 bedrooms and 2 bathrooms. Based on Redfin's Ely data, we estimate the home's value is $506,383.
Single-familyProperty Type
2000Year Built
40 acresLot Size
$293Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
Earn from this home
Rent
$2,703/mo
Redfin rental estimate
List your home for rent
Market trends in 55731, MN
Last updated July 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
94.7%
0.3% MoM
Median sale price
$265K
$31K MoM
Avg. days on market
53d
0 days MoM
Recently sold homes
30
9 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Washington Elementary School
Public PreK-5 • Assigned • 2.4mi
Memorial Middle School
Public 6-8 • Assigned • 2.4mi
Memorial Secondary
Public 9-12 • Assigned • 2.4mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 8.4 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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