Ely Real Estate

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Ely, Minnesota
Average Home Sizes and Asking Prices

Updated On: March 20, 2018
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55731 3,000 sf $2,160,000 1,800 sf $598,000 17

55731 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  10   $713k
 1 Year Ago  14   $498k
 6 Months Ago   16   $573k
 1 Month Ago  8   $763k
 Today  8   $749k
*Averaged for 3 bedroom active listings

Asking Price in 55731 - 3 Bedroom Single Family Homes
55731 real estate listing price trend

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 March 19th, 2018: homes priced around $1,013,600 compared to $1,013,600 the previous week, to remain steady with no change in listing price.  For Tuesday, March 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.25%; the 15 year fixed rate is at 3.66%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.40%, while the 15 year jumbo rate currently is at 4.12%.

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