Ely, MN Housing Market
The Ely housing market is not very competitive. The median sale price of a home in Ely was $137K last month, down 11.6% since last year. The median sale price per square foot in Ely is $135, up 20.5% since last year.
Ely Housing Market Trends
since last year
since last year
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Ely housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 34 days.
- Hot homescan sell for around list price and go pending in around 11 days.
Ely Migration & Relocation Trends
Home offer insights for Ely
Recent offers
View houses in Ely that sold recently
Recently sold homes
- $85,000 Last Sold Price2 beds1 bath951 sq ft1687 Pine Rd, Ely, MN 55731List Price$97,000Sale to List12% under listDays on Market57 days1687 Pine Rd, Ely, MN 55731
- $230,000 Last Sold Price3 beds1 bath1,436 sq ft105 James St, Ely, MN 55731List Price$228,000Sale to List1% over listDays on Market43 days105 James St, Ely, MN 55731
- $385,000 Last Sold Price1 bed1 bath598 sq ft1776 Lindroos Rd, Ely, MN 55731List Price$385,000Sale to List0% over listDays on Market172 days1776 Lindroos Rd, Ely, MN 55731
- $200,500 Last Sold Price3 beds2 baths—sq ft638 E Boundary St, Ely, MN 55731List Price$185,000Sale to List8% over listDays on Market51 days638 E Boundary St, Ely, MN 55731
- $150,0003 beds1 bath1,140 sq ft19 E Pattison St, Ely, MN 55731Days on Market—19 E Pattison St, Ely, MN 55731
- $415,0002 beds3 baths1,368 sq ft1247 Wolf Den Dr, Ely, MN 55731Days on Market—1247 Wolf Den Dr, Ely, MN 55731
- $260,0004 beds3 baths1,368 sq ft232 E Boundary St, Ely, MN 55731Days on Market—232 E Boundary St, Ely, MN 55731
- $95,000 Last Sold Price2 beds1 bath684 sq ft1226 Harvey St, Ely, MN 55731List Price$95,000Sale to List0% over listDays on Market51 days1226 Harvey St, Ely, MN 55731
See all recently sold homes in Ely.
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Schools in Ely
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Washington Elementary School Public • PreK-5 | 275 Students | 8 reviews |
Climate's impact on Ely housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Ely.
Flood Factor - Minor
Flood Factor
Fire Factor - Major
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minimal
Heat Factor
Transportation in Ely
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