Ely Real Estate

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Ely, Minnesota
Average Home Sizes and Asking Prices

Updated On: January 24, 2020
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55731 2,400 sf $772,000 12

55731 - 3 Bedroom Homes
# of Listings and Avg Price*
ERROR -- 2019-02-04 not found --ERROR -- 2019-02-04 not found --ERROR -- 2019-08-08 not found --ERROR -- 2019-08-08 not found --ERROR -- 2019-08-08 not found --ERROR -- 2020-01-05 not found --ERROR -- 2020-01-05 not found --ERROR -- 2020-01-05 not found --ERROR -- 2020-01-05 not found --
 2 Years Ago  10   $823k
 1 Year Ago  14   $589k
 6 Months Ago   9   $577k
 1 Month Ago  8   $663k
 Today  9   $659k
*Averaged for 3 bedroom active listings

Asking Price in 55731 - 3 Bedroom Single Family Homes
55731 real estate listing 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 December 14th, 2019: homes priced around $661,375 compared to $661,375 the previous week, to remain steady with no change in listing price.  For Friday, January 24th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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