Ely Real Estate

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Ely, Minnesota
Average Home Sizes and Asking Prices

Updated On: May 16, 2012
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55731 1,000 sf $459,000 1,100 sf $288,000 223


55731 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  3   $533k
 1 Year Ago  3   $549k
 6 Months Ago   3   $533k
 1 Month Ago  88   $292k
 Today  95   $287k
*Averaged for 3 bedroom active listings



Change and Trend of Asking Price in 55731


Sold Price History in 55731
55731 sold real estate price trend
Demographics & Schools Mortgage Calculator Area Map

Ely Real Estate & Homes for Sale in Minnesota

Welcome to Ely, Minnesota, a wonderful community located in St. Louis County. The city is best known as a popular entry point for the Boundary Waters Canoe Area Wilderness, and is home to the International Wolf Center and the North American Bear Center.

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Ely Real Estate Market Info - Prices of Houses for Sale in Ely


Buyers looking to purchase a home in the pleasant community of Ely will find that the area predominantly offers listings of land and single family homes. A 6 bedroom/2 bath home can be found starting at $119,900.



Ely Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $287,529 compared to $285,453 the previous week, for a slight increase of less than +1%.  For Wednesday, May 16th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 3.02%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.38%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Ely MN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Ely to help you find the best home!


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