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Ely, MN Homes for Sale

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  • /58

    $829,000

    • 2 Beds
    • 2 Baths
    • 2,688 Sq Ft

    3055 van Vac Rd, Ely, MN 55731

    Nestled on the Southwest Shore of Burntside Lake, this updated ranch-style rambler offers stunning views and a peaceful retreat. The 1,344 square foot home features a paved driveway and two spacious garages: a 24 x 40 garage from 1978 with a heated work area, and a barn-style 24 x 32 garage from 2014 with a cold storage loft, heating, and electricity. Inside, the main level includes a 6 x 5

    Agent Photo

    Jerry Fink

    Canoe Capital Realty, LLC

    (218) 250-3284

    3055 van Vac Rd, Ely, MN 55731
  • /83

    $1,200,000

    • 3 Beds
    • 2 Baths
    • 2,706 Sq Ft

    2375 Viste Point Rd, Ely, MN 55731

    Embrace the beauty of lakeside living with this exceptional lake home on Burntside Lake in Ely, Minnesota. As the second owner of this meticulously crafted residence, you’ll enjoy 6 acres of serene landscape and 625 feet of lake shore, perfect for year-round enjoyment or weekend getaways. This charming home features three spacious bedrooms and two bathrooms plus an additional bonus room on the

    Agent Photo

    Riley Lind

    eXp Realty, LLC- MN

    (218) 517-8330

    2375 Viste Point Rd, Ely, MN 55731
  • /50

    $205,000

    • 4 Beds
    • 1.5 Baths
    • 2,484 Sq Ft

    23 W Harvey St, Ely, MN 55731

    Spacious 4 bedroom, 2 bath home located within walking distance to much of Ely's offerings. The main level includes a quaint living room, an open kitchen & dining room with ash cabinets, new flooring, new sheetrock & paint. The family room has newer flooring, wood accents, built-ins, and a stone corner propane fireplace. Off of the family room is a 1/2 bath combined with convenient main level

    Trish Bulinski Bear Island Realty LLC

    23 W Harvey St, Ely, MN 55731
  • /98

    $575,000

    • 5 Beds
    • 3 Baths
    • 2,600 Sq Ft

    438 Buck View Rd, Ely, MN 55731

    Rustic Lakefront Retreat on 1.2 Acres with 279' of shoreline on pristine Garden Lake, part of the White Iron Chain of Lakes. Tucked away in the heart of the Northwoods, this spacious 5-bedroom, 3-bathroom home offers incredible potential, ready for your vision and updates—perfect for those looking to renovate or remodel to make it their own. Outside, the property truly shines. The standout

    Trish Bulinski Bear Island Realty LLC

    438 Buck View Rd, Ely, MN 55731
  • /50

    $224,900

    • 3 Beds
    • 2 Baths
    • 1,299 Sq Ft

    235 E Harvey St, Ely, MN 55731

    A Charming 3 Bedroom, 2 Bath home with beautiful wood floors, custom built-ins, high ceilings, and many large windows. The details and finishings from it's era set it it apart. The kitchen opens to a formal dining room with a 10' high box ceiling, corner built-in hutches, and it opens to the south facing living room. There is a 10 x 11 sun porch with bead board ceiling and wainscott walls and 2

    Trish Bulinski Bear Island Realty LLC

    235 E Harvey St, Ely, MN 55731
  • /45

    $1,985,500

    • 3 Beds
    • 3 Baths
    • 3,710 Sq Ft

    2713 Burntside Lake Rd, Ely, MN 55731

    Secluded Estate On Coveted Burntside Lake Offers Ultimate Privacy In Sheltered Bay, Epic Views Through Towering Pines, Opposite Shoreline Pristine Wilderness. Ideal Location Between The Main Body & The North Arm. 19 acres & 1240 ft lakeshore. Immaculate 3,710 SF, 3B/3BTH cedar sided home, waters edge guest cabin, sauna, boathouse, garage. Two story great rm w/stone firepl & glass doors to

    Lisa Janisch Janisch Realty, Inc

    2713 Burntside Lake Rd, Ely, MN 55731
  • /30

    $745,000

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft

    3297 NW Burntside Lake, Ely, MN 55731

    Burntside Lake Handscribed Log Home In Private Bay At End Of Pristine Granite Fiord. Set on 1703 ft shoreline & 38.75 acres of park-like forest w/walking trails, surrounded on 3 sides by Federal forests at the edge of the BWCA. Huisman custom built 2010, 800 SF, 1B/1B home w/cedar shake roof & wrap deck. Open great rm w/wood burning firepl & wall of windows showcasing majestic panoramic views

    Lisa Janisch Janisch Realty Inc.

    3297 NW Burntside Lake, Ely, MN 55731
  • /39

    $112,500

    • 2 Beds
    • 840 Sq Ft

    3810 Mud Creek Rd, Ely, MN 55731

    Located aprox 12 miles west of Ely is this very comfortable cabin and 2 stall garage on aprox. 10 acres of land off the Mud Creek Rd and adjoins hundreds and hundreds of acres of state and county lands to the west! Cabin is a mobile/manufactured home that has recently been transformed with new siding, roof, windows, etc. into an awesome 2 bedroom cabin! Cabin has kitchen, dining area, a large

    Jeff Hway Bear Island Realty LLC

    3810 Mud Creek Rd, Ely, MN 55731
  • /42

    $425,000

    • 2 Beds
    • 1 Bath
    • 847 Sq Ft

    14575 Jackpine Trail, Ely, MN 55731

    A Rare opportunity to own property on Snowbank. Classic 2 bedroom 1 bath one level rustic cabin. Meticulously kept and updated, with an open concept living room, dining room, and kitchen. Includes a laundry closet with stackable washer & dryer. The custom log archway to the living room is harvested from trees that fell on the property during a storm. Situated on .84 acres and positioned very

    Trish Bulinski Bear Island Realty LLC

    14575 Jackpine Trail, Ely, MN 55731
  • /83

    $444,000

    • 2 Beds
    • 3 Baths
    • 2,579 Sq Ft

    1247 Wolf Den Dr, Ely, MN 55731

    Country Home in Beautiful Ely, MN. Escape to your own private retreat in the Northwoods! Nestled among towering trees outside of Ely, this inviting country home offers the perfect blend of rustic charm and modern comfort. Step inside to find warm wood floors throughout, and a bright, open loft that fills the home with natural light. Floor-to-ceiling windows showcase the serene, wooded views,

    Beth Ohlhauser Bear Island Realty LLC

    1247 Wolf Den Dr, Ely, MN 55731
  • /93

    $359,000

    • 2 Beds
    • 2 Baths
    • 3,274 Sq Ft

    14108 Fall Lake Rd, Ely, MN 55731

    Large country home located approx. 6 miles east of Ely on the Fall Lake Road, and very near the Fall Lake public landing and campground, providing easy access to Fall Lake and the BWCAW! This property has approx. 3.2 acres, and directly adjoins thousands of acres of state and federal lands. The home has over 3000 square feet of living space and is one level over a full finished basement. There

    Jeff Hway Bear Island Realty LLC

    14108 Fall Lake Rd, Ely, MN 55731
  • /54

    $215,000

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft

    578 Kawishiwi Trail, Ely, MN 55731

    Northwoods off-grid cabin that adjoins public lands! This beautiful Voyageur Log Cabin is located on 10 acres with seasonal road access just south of Ely, MN. Property offers direct access to many trails in the area for the ultimate recreational retreat including snowmobiling, ATV, and skiing opportunities! Enjoy the cabin year-round with easy snowmobile access – parking and trail are located

    Anna Yahnke Bear Island Realty LLC

    578 Kawishiwi Trail, Ely, MN 55731
  • /89

    $579,000

    • 3 Beds
    • 1.5 Baths
    • 3,240 Sq Ft

    1365 S White Iron Rd, Ely, MN 55731

    Enjoy comfortable one-level living with an open-concept living and dining area, an updated kitchen with new appliances, a main-floor laundry, and a bright sunporch. Relax and unwind in your private sauna complete with a changing room and shower. The land showcases a picturesque mix of mature pines and northern hardwoods, offering breathtaking views in every direction. Established trails wind

    Kate Davies Bear Island Realty LLC

    1365 S White Iron Rd, Ely, MN 55731
  • /79

    $229,000

    • 3 Beds
    • 2 Baths
    • 1,544 Sq Ft

    545 E Wilson St, Ely, MN 55731

    Beautiful south facing home situated on a large fenced in corner lot. The main level includes: Cherry & Maple hardwood floors throughout, 2 bedrooms, newer laundry room, full bath, living room and eat-in kitchen. Off the kitchen is a large mudroom addition with great storage capacity. A Cozy finished basement with brand new carpeting, new egress window in the 3rd bedroom or use as a den/office, a

    Trish Bulinski Bear Island Realty LLC

    545 E Wilson St, Ely, MN 55731
  • /12

    $199,900

    • Land
    • 3.9 Acres
    • $51,256 per Acre

    XXX9 Powerhouse Trail, Ely, MN 55731

    First time on the market. This Fall Lake lot has +-3.9 acres with a large building site that sits off the water. From there it's just a short walk towards the level +-205' of shoreline. Fall Lake is a popular entry point into Basswood Lake and the BWCA. At over 6 miles long and 2,322 acres, Fall Lake offers countless fishing and recreational opportunities. This heavily wooded parcel with mixed

    Chris Eilrich Wildwoods Land Company

    XXX9 Powerhouse Trail, Ely, MN 55731
  • /5

    $945,000

    • Land
    • 5.3 Acres
    • $178,302 per Acre

    TBD Waters Island, Ely, MN 55731

    Spectacular Burntside Lake 5-Acre Parcel on the sunny South Shore of Waters Island – Burntside Lake’s largest and most central Island. This is a once-in-a-lifetime opportunity to own a truly remarkable property on what many consider Minnesota’s most beautiful and iconic lake. This pristine and totally private setting offers sunny, south and west facing exposure with breathtaking views across the

    Lisa Janisch Janisch Realty, Inc

    TBD Waters Island, Ely, MN 55731
  • /34

    $1,250,000

    • 4 Beds
    • 3.5 Baths
    • 5,280 Sq Ft

    1663 Saari Rd, Ely, MN 55731

    White Iron Lake, Ely, Minnesota - Custom built 5200 sq. ft. home with 320 feet of level lakeshore with a private boat launch. 8.7 acres of land. This beautiful home has been completed with top quality materials and furnishings with both levels being completed with living quarters. The main floor living area features an open floor plan with views of the lake from the large windows and patio door.

    Janet Erchul Ely Realty

    1663 Saari Rd, Ely, MN 55731
  • /16

    $145,000

    • 740 Sq Ft

    4002 Shiloh Tr, Ely, MN 55771

    This is a beautiful cabin that embraces the wilderness retreat. Equipped with 40 acres and boarding government land it feels like your own private island. With a beaver pond and creek nearby wildlife love to hang around giving you the chance to see them. If you are looking to get into the boundary waters the Moose River and the Little Indian Sioux are two very popular entry's and both are nearby

    Ryan Kosinski Ely Realty

    4002 Shiloh Tr, Ely, MN 55771
  • /22

    $369,500

    • 2 Beds
    • 1 Bath
    • 1,280 Sq Ft

    1896 Echo Trail, Ely, MN 55731

    This 2 bedroom home with one full bathroom is located 5 miles up the Echo Trail from Ely. Convenient to town as well as the many hiking trails lakes and BWCA entrypoints nearby, this home offers plenty of privacy on its well forested 10 acres. The cedar sided home has a sunny kitchen cozy living room with a glass door wood stove,laundry room and a deck and screen porch to enjoy the outdoors.

    Kerry Davis Canoe Capital Realty, LLC

    1896 Echo Trail, Ely, MN 55731
  • /35

    $42,000

    • Land
    • 0.81 Acre
    • $51,852 per Acre

    TBD Trezona Rd, Ely, MN 55731

    Looking for the perfect place to plant your roots Up North? This beautiful .81-acre buildable lot sits just off Ely’s beloved Trezona Trail—your four-season playground for walking, skiing, running, and biking. With city utilities already available, all you need to do is pick your building spot, roll out your plans, and get ready to break ground this spring. The property offers a lovely mix of

    Andrea Zupancich z' Up North Realty

    TBD Trezona Rd, Ely, MN 55731
  • /35

    $479,000

    • 4 Beds
    • 1 Bath
    • 1,048 Sq Ft

    118 Sunset Rd, Ely, MN 55731

    This 9 acre property features a home, guest cabin and garage. The focal point of the 1 bedroom, 1 bath home is the stunning southern view looking out over White Iron Lake. Other features are in-floor heat, wood fireplace, sauna, covered patio and one level living. The 1,156 sq. ft. guest cabin has 3 bedrooms, 1 bath, laundry, in-floor heat and comes completely furnished. The garage could continue

    Chris Eilrich Wildwoods Land Company

    118 Sunset Rd, Ely, MN 55731
  • /32

    $2,450,000

    • 6 Beds
    • 4 Baths
    • 2,146 Sq Ft

    2928 Waters Island, Ely, MN 55731

    There is no other property on iconic Burntside Lake like this one! Welcome to Aurora Waters, a one of a kind, landmark home on a spectacular island! This is a magical property: 5 hand crafted cabins and 4 exotic Yurts spread through an enchanted, open forest of 20.9 acres with 2,140 feet of sunny, southern facing shoreline. Towering Norway pines and high granite bluffs offer shimmering island

    Lisa Janisch Janisch Realty Inc

    2928 Waters Island, Ely, MN 55731
  • /37

    $184,900

    • Land
    • 0.49 Acre
    • $377,347 per Acre

    Unit 1 N Kelly Trail, Ely, MN 55731

    Absolutely gorgeous piece of the True North !! This property used to be a resort but was split up for individual cabin life. Premier fishing and excellent hunting right out the front door. Property comes with 2 generators (9500w and 4000w). Propane heat for winter (300 gallon tank). On demand water heater. No motor restrictions or Walleye slot limits on this body of water.This

    Gabriel Werra Timber Ghost Realty, LLC

    Unit 1 N Kelly Trail, Ely, MN 55731
  • /32

    $2,450,000

    • 6 Beds
    • 3.5 Baths
    • 2,146 Sq Ft

    2928 Waters Island Unit Waters Island and Do, Ely, MN 55731

    There is no other property on iconic Burntside Lake like this one! Welcome to Aurora Waters, a one of a kind, landmark home on a spectacular island! This is a magical property: 5 hand crafted cabins and 4 exotic Yurts spread through an enchanted, open forest of 20.9 acres with 2,140 feet of sunny, southern facing shoreline. Towering Norway pines and high granite bluffs offer shimmering island

    Lisa Janisch Janisch Realty Inc.

    2928 Waters Island Unit Waters Island and Do, Ely, MN 55731
  • /37

    $147,000

    • 1 Bed
    • 288 Sq Ft

    1346 Bear Head State Park Rd, Ely, MN 55731

    Cabin on 10 acres near the public landing to Eagles Nest Lake 3 from Bear Head State Park - The cabin , built in 2019, is 12 X 24. It has an open living area with a kitchenette, with new propane refrigerator and stove , hickory cabinets and a living area looking over the woods plus a spacious storage room. Tongue and groove pine walls, laminate flooring, vinyl clad windows, a ceiling fan, and a

    Janet Erchul Ely Realty

    1346 Bear Head State Park Rd, Ely, MN 55731
  • /50

    $798,000

    • 4 Beds
    • 3 Baths
    • 2,259 Sq Ft

    1280 S White Iron Rd, Ely, MN 55731

    White Iron Lake Custom Built Home - This beautiful 4 bedroom home is just minutes away from Ely on a paved road. It features everything you would expect to find in a year around lake home. The main floor features a spacious entry with closets, living room with large windows overlooking the lake and a door to the wraparound deck, kitchen with granite countertops and custom Black Ash cabinets,

    Jan Erchul Ely Realty

    1280 S White Iron Rd, Ely, MN 55731
  • /24

    $359,000

    • 1 Bed
    • 1 Bath
    • 516 Sq Ft

    1152 Fernberg Rd, Ely, MN 55731

    Road and just minutes from Moose Lake, Snowbank, Ojibwa, and so many classic BWCA entry points, this property puts you at the doorstep of some of the most beloved wilderness in Minnesota. The 3-room solar-powered cabin is simple, sturdy, and surprisingly well-equipped, offering far more than meets the eye. You’ll find a full insulated septic system, established water collection sites, and a solar

    Andrea Zupancich Z'Up North Realty, Inc.

    1152 Fernberg Rd, Ely, MN 55731
  • /33

    $719,900

    • 3 Beds
    • 2 Baths
    • 2,480 Sq Ft

    540 Loop Rd, Ely, MN 55731

    Here's a Northwoods retreat people dream about but rarely find. This handcrafted log home on Farm Lake wraps you in warmth the moment you walk in — over 2,400 sq ft, wrapped in timber and sunlight. The main level is designed for togetherness: new custom kitchen cabinets, quartz countertops, a comfortable dining area, and a living room anchored by a cozy wood-burning stove. Two bedrooms & a full

    Andrea Zupancich z' Up North Realty

    540 Loop Rd, Ely, MN 55731
  • /40

    $179,000

    • 3 Beds
    • 1.5 Baths
    • 1,346 Sq Ft

    246 N 5th Ave E, Ely, MN 55731

    Step into timeless character with this 1927 home, full of original details and thoughtful updates. The inviting 3-season front porch welcomes you with wainscoting accents and stunning stained-glass windows—perfect for enjoying morning coffee or evening sunsets. Inside, you’ll find an updated kitchen featuring white cabinetry, subway tile backsplash, wainscoting details, recent appliances, and new

    Lori Schulze Keller Williams Classic Realty NW - Ely

    246 N 5th Ave E, Ely, MN 55731
  • /4

    $89,000

    • Land
    • 1.75 Acres
    • $50,857 per Acre

    2101 Sibley Ct, Ely, MN 55731

    Surrounded by nature yet conveniently close to town, this 1.75-acre parcel is an ideal canvas for your next home or investment project. This prime lot features a building pad, connections to city water, sewer, and utilities at the end of the driveway, direct access to the Trezona walking trail, and nearby ATV Trails.

    Jodi Nyman Z' Up North Realty

    2101 Sibley Ct, Ely, MN 55731
  • /24

    $299,000

    • 3 Beds
    • 1,072 Sq Ft

    xxxxx White Iron Lake, Ely, MN 55731

    Remote water access parcel on White Iron Lake. This +-70 acre parcel has a very private setting with 2 well built year round cabins. The Big Pine Cabin is 16 x 22 with a wrap around deck on 3 sides. It sits on a beautiful ledge rock outcrop and is surrounded by huge white pines. There is a sauna building. The Wolf Point Cabin is 20 x 24 and has one bedroom on the main level and a loft bedroom as

    Chris Eilrich Wildwoods Land Company

    xxxxx White Iron Lake, Ely, MN 55731
  • /18

    $295,000

    • 1 Bed
    • 1 Bath
    • 421 Sq Ft

    3807 Fenske Lake Rd Unit 2, Ely, MN 55731

    This one bedroom studio cabin was built in the 1940's and completely remodeled in 2020. The original wood floors and log beams kept the charm of the cabin while the gas fireplace, fresh woodwork and lakeside windows overlooking Fenske Lake added some comfort. The lakeside deck leads you to your campfire area and new private dock only 30' from the cabin. The cabin comes completely furnished inside

    Chris Eilrich Wildwoods Land Company

    3807 Fenske Lake Rd Unit 2, Ely, MN 55731
  • /31

    $189,000

    • 2 Beds
    • 1.5 Baths
    • 1,041 Sq Ft

    27 E Harvey St, Ely, MN 55731

    Step into this beautifully renovated 2-bedroom, 2-bath home in the heart of Ely, offering the perfect blend of modern updates and original character. A covered front porch and a stunning, intricate front door set the tone for the charm inside. The main floor features 9’ ceilings, a brand-new kitchen with fresh tiled flooring, a new full bath, and refinished hardwood floors throughout. Upstairs,

    Heather Franciskovich Keller Williams Classic Realty NW - Ely

    27 E Harvey St, Ely, MN 55731
  • /2

    $49,900

    • Land
    • 38.93 Acres
    • $1,282 per Acre

    TBD Hwy 169, Ely, MN 55731

    38.93 acres of recreational land located right on Highway 169 in Ely, MN adjoining public land for expanded access to the outdoors. The property features a mix of open areas and tree cover, with established trails throughout and a creek flowing through the southwest corner. A section of wooden boardwalk is already in place, offering easy passage through portions of the low land. The terrain

    Lori Schulze Keller Williams Classic Realty NW - Ely

    TBD Hwy 169, Ely, MN 55731
  • /29

    $179,000

    • 3 Beds
    • 3 Baths
    • 3,048 Sq Ft

    1280 Heather St, Ely, MN 55731

    Ely, MN – Romberg Acres Opportunity! Bring your vision and tools to this spacious 3+ bedroom, 3 bathroom ranch-style home in the highly sought-after Romberg Acres neighborhood of Ely. Built in 1994, this property offers over 3,000 sq ft of finished living space on a beautiful 1.38-acre lot with towering white pines. Though in need of updating and repairs, the home provides a fantastic layout and

    Lori Schulze Keller Williams Classic Realty NW - Ely

    1280 Heather St, Ely, MN 55731
  • /10

    $204,000

    • Land
    • 4.4 Acres
    • $46,364 per Acre

    XXX10 Powerhouse Trail, Ely, MN 55731

    Fall Lake West Lots.....first time offered to the public. This large lot of +-4.4 acres with +-235 feet of rocky, but level shoreline, is located in a quiet bay on the south side of Fall Lake. There are two possible building sites with lake views through Birch, Maple and Aspen. There is an elevated site closer to the road and one with a more gentle approach to the lakeshore on the western side of

    Chris Eilrich Wildwoods Land Company

    XXX10 Powerhouse Trail, Ely, MN 55731
  • /40

    $439,000

    • Land
    • 4.68 Acres
    • $93,803 per Acre

    TBD Sunset Rd, Ely, MN 55731

    Unique opportunity for a drive-to waterfront parcel and your own island! Great location on White Iron lake with western exposure. The mainland parcel features 400’ of rocky shoreline. The island is only a hop & skip away – just off the main shoreline. Both the mainland and island are approved for septic. Build your dream home or cabin at this sought after location today!

    Anna Yahnke Bear Island Realty LLC

    TBD Sunset Rd, Ely, MN 55731
  • /50

    $629,500

    • 3 Beds
    • 1.5 Baths
    • 1,248 Sq Ft

    13359 Villa Rd, Ely, MN 55731

    Enjoy the best of every season on the shores of White Iron Lake. This beautifully updated 3-bedroom, 2-bath year-round Northwoods home sits right at the water’s edge in the desirable White Iron Villas, offering panoramic western views and unforgettable sunsets in every season. With direct access to the White Iron Chain of Lakes and the Boundary Waters Canoe Area Wilderness (BWCAW), this

    Lori Schulze Keller Williams Classic Realty NW - Ely

    13359 Villa Rd, Ely, MN 55731
  • /43

    $1,585,000

    • 4 Beds
    • 3.5 Baths
    • 2,146 Sq Ft

    X Waters Island, Ely, MN 55731

    There is no other property on iconic Burntside Lake like this one! Welcome to Aurora Waters, a one of a kind, landmark home on a spectacular island! This is a magical property: 5 hand crafted cabins and 4 exotic Yurts spread through an enchanted, open forest of 20.9 acres with 2,140 feet of sunny, southern facing shoreline. Towering Norway pines and high granite bluffs offer shimmering island

    Lisa Janisch Janisch Realty, Inc

    X Waters Island, Ely, MN 55731
  • /27

    $299,000

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft

    296 Shady Ln, Ely, MN 55731

    This Northwoods two bedroom, one bath, cabin with drilled well and compliant septic can be enjoyed year round! Open floor plan with natural woodwork throughout, woodstove in the living room, main floor bedroom and bathroom with an open sleeping loft above. This cabin sits on 5.75 acres, overlooking a scenic pond and includes a parcel on Fall Lake, affording direct access to the Boundary Waters

    Lori Schulze Keller Williams Classic Realty NW - Ely

    296 Shady Ln, Ely, MN 55731

Showing Results 1 - 40, Page 1 of 2

Why Live in Ely

Ely, MN, is a small community in Northeast Minnesota, surrounded by the expansive Superior National Forest and bordering Canada. Known for its natural beauty, Ely attracts outdoor enthusiasts year-round, with activities like canoeing, kayaking, hiking, and blueberry picking in the warmer months, and snowmobiling, snowshoeing, and cross-country skiing during the frigid winters. The town's main park, Whiteside Park, features a playground, open fields, and a bandstand for community events. Ely's housing includes small in-town bungalows and more secluded lakeside homes, with many properties dating back to the early and mid-1900s. The downtown area along Sheridan Street hosts a variety of small businesses, including winter outfitter shops and restaurants like Boathouse Brewpub & Restaurant and Britton’s Café. Ely Memorial High School, which shares a building with Washington Elementary, is highly rated and serves students in grades 6 through 12. The community gathers annually for the Blueberry Art Festival, celebrating local art and blueberry-infused foods. Ely is also home to the North American Bear Center and the International Wolf Center. For those needing to travel, Minnesota State Highway 1 provides access to Virginia, 50 miles away, and Duluth, approximately 100 miles away. The town is served by Ely Bloomenson Community Hospital, ensuring residents have access to medical care.

Frequently Asked Questions

What is the average home price in Ely, MN?
Homes for sale in Ely, MN have an average home price of $223,536.
How many homes have sold over the last 12 months in Ely, MN?
75 homes have sold in Ely, MN over the last 12 months.
What are the most popular zip codes in Ely, MN?
The most popular zip codes in Ely, MN include 55731, 55706, 55732, 55790 and 55607.
How much do you need to make to afford a house in Ely?
The median home price in Ely is $194,000. If you put a 20% down payment of $38,800 and had a 30-year fixed mortgage with an interest rate of 6.16%, your estimated principal and interest payment would be $950 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $41K a year to afford the median home price in Ely. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Ely, MN?
Ely, MN has highly rated public and private schools. Some of the best schools in Ely based on Niche Grades are Memorial High School, Memorial Middle School and Washington Elementary School. Browse all the schools in Ely, MN to learn more.

Home Trends in Ely, MN

Housing Trends

Median Sale Price
$187,000
Median Single Family Sale Price
$195,000
Average Price Per Sq Ft
$153
Number of Homes for Sale
11
Last 12 months Home Sales
75
Months of Supply
1.80
Median List Price
$194,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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