Ely, MN
City market trends and history
Public Record
Median Sale Price
$245.7K
12-Month Sales
24
-37.2%
1-Year Appreciation
-37.2%
Properties Tracked
1,393
Median Sale Price History
Top Neighborhoods
| Name | Median |
|---|
Top Neighborhoods by Activity
No neighborhood data available
Neighborhood-level stats are available for ~24k of the ~215k U.S. neighborhoods — Ely is not currently covered.
Top ZIP Codes
Recent Sales
| Date | Address | Price |
|---|---|---|
| May 8, 2026 | E Sheridan St | $154.9K |
| May 4, 2026 | E Washington St | $234K |
| Dec 15, 2025 | MOOSE JUNCTION TRL | $51K |
| Dec 8, 2025 | Garden Lake Rd | $419K |
| Sep 5, 2025 | 1317 N HIGHWAY 21 | $350K |
| Sep 4, 2025 | MIGISI RD | $133K |
| Aug 29, 2025 | E Chapman St | $190K |
| Aug 8, 2025 | MUD CREEK RD | $165K |
| Aug 1, 2025 | W Chandler St | $187K |
| Jul 28, 2025 | W Chandler St | $187K |
| Jul 2, 2025 | E Pattison St | $190K |
| Jun 27, 2025 | E Camp St | $135K |
| Jun 13, 2025 | N Central Ave | $179.9K |
| May 22, 2025 | E Camp St | $135K |
| Apr 4, 2025 | E Boundary St | $175K |
| Feb 10, 2025 | Riverview Rd | $819K |
| Jan 7, 2025 | Villa Rd | $655K |
| Dec 17, 2024 | E Camp St | $168K |
| Dec 13, 2024 | SNOWBANK LAKE RD | $159K |
| Nov 18, 2024 | 2231 ROBICH RD | $810K |
4-Quarter Forecast
Linear projection from past trendQuarterly trend
+1.0%
Implied 1-yr
+3.9%
2026 Q3
$274.1K
2026 Q4
$276.6K
Median Price — History + Forecast
Property type mix
Share by property type
Year-built distribution
Properties by build era
Map
Recent top sales — most expensive
| Address | Sale date | Sale price |
|---|---|---|
| Kawishiwi Trl | Apr 26, 2022 | $2,500,000 |
| 459 KAWISHIWI TRL | Apr 26, 2022 | $2,500,000 |
| E Sheridan St | Nov 10, 2021 | $1,725,000 |
| E Sheridan St | Apr 13, 2021 | $1,535,000 |
| 1164 JESSE BLVD | Oct 27, 2023 | $1,150,000 |
| E Camp St | Feb 15, 2022 | $1,100,000 |
| E Sheridan St | Feb 15, 2022 | $1,100,000 |
| E Sheridan St | Dec 9, 2021 | $1,100,000 |
| E Sheridan St | Dec 9, 2021 | $1,100,000 |
| N 17th Ave E | Sep 29, 2021 | $1,100,000 |
How Ely compares
| Metric | Ely | Minnesota avg | US avg |
|---|---|---|---|
| Median price | $245.7K | $404.7K | $535.4K |
| 1-year change | -37.2% | -0.7% | -5.4% |
| Sales (12mo) | 24 | 7,149 | — |
| Median sqft | — | — | — |
Other cities in Minnesota
How Ely ranks in Minnesota
1-year appreciation
#304 of 943
Median price
#301 of 943
Frequently asked about Ely
What is the median sale price in Ely, MN?
The median sale price in Ely over the last 12 months is $245.7K, based on 24 transactions.
How fast are home prices appreciating in Ely?
Ely home prices have changed -37.2% year-over-year on a median basis.
How many sales happen each year in Ely?
Roughly 24 home sales were recorded in Ely over the trailing 12 months.
What types of properties are most common in Ely?
single_family is the most common property type tracked in Ely.
When were most homes in Ely built?
Most homes in Ely were built in the Pre-1950 era.