Ely Real Estate

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Ely, Minnesota
Average Home Sizes and Asking Prices

Updated On: July 20, 2017
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55731 3,600 sf $613,000 2,200 sf $574,000 23


55731 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  10   $492k
 1 Year Ago  21   $476k
 6 Months Ago   12   $594k
*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 27th, 2017: homes priced around $573,673 compared to $573,673 the previous week, to remain steady with no change in listing price.  For Wednesday, July 19th, the current national mortgage rate for a 30 year fixed mortgage is 3.84%; the 15 year fixed rate is at 3.05%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.09%, while the 15 year jumbo rate currently is at 3.69%.

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