Ely, MN Real Estate Market Summary – September 8, 2026
In Ely, MN, there have been 9 homes sold in the last 30 days, with a listing pace of 1 every 3.33 days. The average living area for these homes is 1,210 square feet, and they were built around 1970 on average.
| Metric | 30 Days |
|---|---|
| Number Sold | 9 |
| Sold Per Day | 1 every 3.33 days |
| Average SQFT | 1210 |
| Median Sales Price | $440,000 |
| Average Sales Price | $455,028 |
| Average Price Per SQFT | $462 |
| Average Days on Market | 17 |
| Average Year Built | 1970 |
Ely, MN Single Family Home Analysis
All 9 homes sold in the single-family segment also have an average living area of 1,210 square feet and a median year built of 1960. The average days on market for single-family homes were approximately 17 days, with an average sale price of $455,028.
| Metric | 30 Days |
|---|---|
| Number Sold | 9 |
| Sold Per Day | 1 every 3.33 days |
| Average SQFT | 1210 |
| Median Sales Price | $440,000 |
| Average Sales Price | $455,028 |
| Average Price Per SQFT | $462 |
| Average Days on Market | 17 |
| Average Year Built | 1970 |
Ely, MN Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- Listing pace is 1 every 3.33 days.
- Average days on market are around 17 days.
- Average sale prices for homes are approximately $455,028.
- No sales data is available for the condo/townhome segment.
Conclusion
Overall, the market in Ely shows consistent activity with a moderate pace in home listings. The data indicates a stable interest in single-family homes, though the condo/townhome market has no current transactions to report.