55731, MN Housing Market
The 55731 housing market is not very competitive. The median sale price of a home in 55731 was $215K last month, down 36.1% since last year. The median sale price per square foot in 55731 is $143, down 11.7% since last year.
55731 Housing Market Trends
since last year
since last year
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How hot is the 55731 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 9 months
- Multiple offers are rare.
- The average homes sell for about 4% below list price and go pending in around 35 days.
- Hot homescan sell for about 1% above list price and go pending in around 14 days.
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 9 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 41 days.
- Hot homescan sell for around list price and go pending in around 12 days.
Home offer insights for 55731
Recent offers
View houses in 55731 that sold recently
Recently sold homes
- $160,000 Last Sold Price2 beds1.75 baths1,120 sq ft743 E Sheridan St, Ely, MN 55731List Price$169,900Sale to List6% under listDays on Market125 days743 E Sheridan St, Ely, MN 55731
- $339,000 Last Sold Price2 beds1 bath—sq ft1216 Minnesota Blvd, Ely, MN 55731List Price$359,000Sale to List6% under listDays on Market26 days1216 Minnesota Blvd, Ely, MN 55731
- $115,000 Last Sold Price2 beds1.5 baths1,120 sq ft127 Conan St, Ely, MN 55731List Price$139,500Sale to List18% under listDays on Market204 days127 Conan St, Ely, MN 55731
- $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
- $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
- $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
- $215,0003 beds2 baths1,600 sq ft1602 E Harvey St, Ely, MN 55731Days on Market—1602 E Harvey St, Ely, MN 55731
See all recently sold homes in 55731.
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Schools in 55731
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- Middle
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GreatSchools Rating
7/10 Washington Elementary School Public • PreK-5 | 250 Students | 8 reviews |
Climate's impact on 55731 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 55731.
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Wind Factor - Minimal
Wind Factor
Heat Factor - Minimal
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Transportation in 55731
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