$553,063
$28K since August
This home's estimate is 11.8% higher than the average sale price ($494K) of 6 comparable homes.
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OFF MARKET
$553,063
3
bd•
2 ba
•
1,064
sq ft
2383 Reed Rd, Ely, MN 55731
About this home
2383 Reed Rd is a 1,064 square foot house on a 0.78 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Ely data, we estimate the home's value is $553,063.
Single-familyProperty Type
1980Year Built
0.78 acresLot Size
$520Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
Earn from this home
Rent
$2,283/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
95.2%
+0.5% MoM
Median sale price
$272K
$7K MoM
Avg. days on market
41d
12 days MoM
Recently sold homes
34
5 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 8.4 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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