82

Ely, MN Homes for Sale

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  • /5

    $38,900

    • Land
    • 1.60 Acres
    • $24,312 per Acre

    2128 and 2136 Sibley Ct, Ely, MN 55731

    Come out of the woods or off the lake and build your in-town dream home on this 1.6 acre, 2 lots for the price of 1 - in Sibley Estates! Enjoy all of the amenities and convenience of living in town with the peace and quiet of a wooded lot, close to the Trezona trail with convenient access to a recreational trail. This lot is approximately 1.6 acres. All the City Services - water, sewer and

    Agent Photo

    Jim Burke

    Keller Williams Classic Realty NW

    (218) 309-7935

    2128 and 2136 Sibley Ct, Ely, MN 55731
  • /30

    $169,900

    • Land
    • 8 Acres
    • $21,238 per Acre

    TBDx Grant McMahan Blvd, Ely, MN 55731

    Shagawa Lake Lot: West Facing 8 +/- acres and 885 +/- feet of wooded shoreline consisting of Maple, Pople, Mixed Pines, Cedar and Birch. This beautiful parcel is only 2.7 miles from the center of Ely and provides you your own Natural Wildlife Sanctuary or you can take a quick walk across Grant McMahan to a magnificent 87 acre Wildlife Management Area. You will be able to enjoy gentle hikes, Game

    Agent Photo

    Jim Burke

    Keller Williams Classic Realty NW

    (218) 616-9799

    TBDx Grant McMahan Blvd, Ely, MN 55731
  • /5

    $25,000

    • Land
    • 0.80 Acre
    • $31,250 per Acre

    2136 Sibley Ct, Ely, MN 55731

    Come out of the woods or off the lake and build your in-town dream home on one of the 11 lots in Sibley Estates! Enjoy all of the amenities and convenience of living in town with the peace and quiet of a wooded lot, close to the Trezona trail with convenient access to a recreational trail. This lot is .8 acres. All the City Services - water, sewer and electric are in and ready for hookup.

    Agent Photo

    Jim Burke

    Keller Williams Classic Realty NW

    (218) 549-4314

    2136 Sibley Ct, Ely, MN 55731
  • /5

    $25,000

    • Land
    • 0.80 Acre
    • $31,250 per Acre

    2128 Sibley Ct, Ely, MN 55731

    Come out of the woods or off the lake and build your in-town dream home on one of the 11 lots in Sibley Estates! Enjoy all of the amenities and convenience of living in town with the peace and quiet of a wooded lot, close to the Trezona trail with convenient access to a recreational trail. This lot is .8 acres. All the City Services - water, sewer and electric are in and ready for hookup.

    Agent Photo

    Jim Burke

    Keller Williams Classic Realty NW

    (218) 405-8075

    2128 Sibley Ct, Ely, MN 55731
  • /24

    $380,000

    • 1 Bed
    • 678 Sq Ft

    1150 Old Airport Rd, Ely, MN 55731

    Nestled on 45 acres, this exceptional cabin retreat provides the perfect nature lover or hunting escape. Unbelievably close to Ely yet the silence and privacy creates your sanctuary from city life. Positioned above the picturesque merging of Pluth Creek and White Iron Lake, the cabin has epic views and an ever changing landscape. The creek meanders thru the property originating from a secluded

    Elizabeth Rykken z' Up North Realty

    1150 Old Airport Rd, Ely, MN 55731
  • /42

    $649,000

    • 2 Beds
    • 2 Baths
    • 2,100 Sq Ft

    1543 Miners Dr E, Ely, MN 55731

    Charming Miners Lake Home with 300 Feet of Lakeshore and 2 Acres. Discover this beautifully remodeled two-bedroom, two-bathroom home set on a stunning 2-acre lot with 300 feet of shoreline on Miners Lake. Ideally situated near the scenic Tezona Trail, you'll enjoy direct access to year-round outdoor activities including walking, running, biking, cross-country skiing, and snowmobiling trails just

    Julian Rasmusson Z'Up North Realty, Inc.

    1543 Miners Dr E, Ely, MN 55731
  • /39

    $475,000

    • 1 Bed
    • 1 Bath
    • 1,080 Sq Ft

    4089 First Lake Rd, Ely, MN 55731

    This Echo Trail beauty in Ely, Mn is an opportunity to find solace at this 18 acre off grid nature wonderland with a beautiful year round home/cabin. There is a new septic system, drilled well with crystal clear drinking water & 2 independent solar systems providing the ultimate wilderness experience. The 1080 sq. ft open floor plan features the living, dining area, kitchen, and

    Janet Erchul Ely Realty

    4089 First Lake Rd, Ely, MN 55731
  • /17

    $579,000

    • 2 Beds
    • 576 Sq Ft

    13321 Lodge Rd, Ely, MN 55731

    Imagine owning your own Island, immaculately clean 2 bedroom log cabin, completely updated and refinished in 2023. The cabin has electric baseboard heat and a wood stove. It comes with two private deeded parking spots and dock...hop in your canoe for a 10 minute paddle or take a 5 minute boat ride to your own exclusive island paradise. Bedrooms each have new queen beds; all furniture is included.

    Mark Larson Wildwoods Land Company

    13321 Lodge Rd, Ely, MN 55731
  • /26

    $495,000

    • 1 Bed
    • 1 Bath
    • 1,440 Sq Ft

    2137 Deer Ridge Rd, Ely, MN 55731

    Very well cared for 1,440 square foot home with amazing landscaping. This one level home has a bedroom, bathroom, open kitchen living area and large family room. Interior features are natural woodwork, tiled floors, 9' ceilings, wet bar, laundry room and infloor heat. The area around the home is level with a small shed and plenty of room for a large garage. This log home is on 4 acres of land

    Chris Eilrich Wildwoods Land Company

    2137 Deer Ridge Rd, Ely, MN 55731
  • /50

    $710,000

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

    13359 Villa Rd, Ely, MN 55731

    Wake up to the call of loons and end your day with breathtaking sunsets over White Iron Lake! This beautifully updated 3-bedroom, 2-bath year-round Northwoods home sits right at the water’s edge on the shores of desirable White Iron Lake, offering unbeatable panoramic western views and direct access to the White Iron Chain of Lakes and the Boundary Waters Canoe Area Wilderness (BWCAW)—all just 4

    Lori Schulze Keller Williams Classic Realty NW - Ely

    13359 Villa Rd, Ely, MN 55731
  • /16

    $659,000

    • 4 Beds
    • 2 Baths
    • 2,330 Sq Ft

    444 Fernberg Rd Unit Deer Ridge Resort CI, Ely, MN 55731

    This is an awesome 4 season cabin for you to use and rent with a beautiful view of Garden Lake from the lakeside screened in porch/deck and living area. In 2021 cabin was stained and new seamless gutters installed, as well as new windows installed in May 2024. There is professional maintenance and property management to take care of the unit for you and renters. Taxes are very low due to the

    Chad Davis Canoe Capital Realty, LLC

    444 Fernberg Rd Unit Deer Ridge Resort CI, Ely, MN 55731
  • /36

    $549,000

    • 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
  • /36

    $401,000

    • 3 Beds
    • 1.5 Baths
    • 2,400 Sq Ft

    1317 N Highway 21, Ely, MN 55731

    MAKE AN OFFER! If you're looking for a peaceful and secluded retreat surrounded by nature, this meticulously maintained country home on 23 acres in Ely is the perfect place for you. Located in a quiet area hidden in the woods, this property offers privacy and tranquility while still being close to modern amenities. This 3BR/2BA home boasts an open concept living area with vaulted ceilings,

    Andrea Zupancich Z' Up North Realty

    1317 N Highway 21, Ely, MN 55731
  • /27

    $475,000

    • 3 Beds
    • 1 Bath
    • 1,400 Sq Ft

    3547 Norway Ln, Ely, MN 55731

    Andrea Zupancich Z'Up North Realty, Inc.

    3547 Norway Ln, Ely, MN 55731
  • /24

    $129,000

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft

    355 W Harvey St, Ely, MN 55731

    If you're searching for a unique escape that combines the charm of secluded living with the convenience of modern amenities, your search ends at this marvelous Ely property. Don't miss the opportunity to call this extraordinary place home. Tucked away under the Iconic Ely Water Tower, the gateway to Ely you'll find this hidden gem. 2 BR/1.5 BA home with hardwood floors, large eat in kitchen, and

    Andrea Zupancich z' Up North Realty

    355 W Harvey St, Ely, MN 55731
  • /47

    $239,700

    • 3 Beds
    • 2 Baths
    • 1,140 Sq Ft

    11 E White St, Ely, MN 55731

    Nestled in the heart of Ely, this classic style home blends old world charm with modern comfort. Wrapped in warm cedar shakes, the home exudes curb appeal and character from the moment you arrive. Inside, you'll find 3 inviting bedrooms and 2 full bathrooms, thoughtfully laid out for easy everyday living. Elegant crown molding, rich wood floors, and French doors add a touch of sophistication

    Beth Ohlhauser Bear Island Realty LLC

    11 E White St, Ely, MN 55731
  • /21

    $254,900

    • 3 Beds
    • 1.5 Baths
    • 1,350 Sq Ft

    638 E James St, Ely, MN 55731

    Charming Two-Story Home Near Schools and ParkThis well-maintained 3-bedroom, 2-bath home offers timeless charm with modern updates. Featuring beautiful hardwood floors and newer appliances, this home combines comfort and style. Enjoy the convenience of a detached 2-car garage, plus a storage shed — all with brand-new roofs. Some windows have been recently replaced for improved efficiency. Located

    Julian Rasmusson Z'Up North Realty, Inc.

    638 E James St, Ely, MN 55731
  • /50

    $1,295,000

    • 4 Beds
    • 3 Baths
    • 4,872 Sq Ft

    2445 Reed Rd, Ely, MN 55731

    Burntside Lake Retreat – 5.5 Acres with Sandy Shoreline in Highly Sought-After Ely, MN Location! Welcome to a truly rare opportunity on the legendary Burntside Lake, known for its crystal-clear waters, dramatic scenery, and exceptional recreational quality. This year-round Northwoods retreat is set on 5.5 acres with towering pines, privacy, and one of the most desirable sandy, west-facing

    Lori Schulze Keller Williams Classic Realty NW - Ely

    2445 Reed Rd, Ely, MN 55731
  • /27

    $262,500

    • 2 Beds
    • 1 Bath
    • 1,215 Sq Ft

    13464 Chestnut Dr, Ely, MN 55731

    Beautifully updated 2-bedroom, 2-bath country home just minutes from Ely, offering the perfect blend of modern convenience in a peaceful Northwoods setting. Recent renovations include a new roof, modern kitchen, updated flooring, new appliances, and stylish lighting throughout. The living area features a propane free-standing fireplace and flows seamlessly into the dining room and updated

    Lori Schulze Keller Williams Classic Realty NW - Ely

    13464 Chestnut Dr, Ely, MN 55731
  • /48

    $269,000

    • Land
    • 3.50 Acres
    • $76,857 per Acre

    3168 Wolf Lake Rd, Ely, MN 55731

    Awesome and very private south facing lakeshore parcel on quiet Wolf Lake just 15 miles west of Ely! Large 3.5 acre parcel with approx. 865 feet of pristine shoreline to enjoy! Easy access to the shore down a path from the building site. Property is has a very Ely/Boundary Waters feel with dramatic ledgerock outcrops and views, and a nice level building site established. Mixed mature tree cover

    Jeff Hway Bear Island Realty LLC

    3168 Wolf Lake Rd, Ely, MN 55731
  • /34

    $280,000

    • 4 Beds
    • 2.5 Baths
    • 2,367 Sq Ft

    11 E Ahola Rd, Ely, MN 55731

    Welcome to this 4-bedroom, 3-bathroom home nestled on an oversized wooded lot (just under an acre) in the scenic town of Ely, MN. Built in 1993, this spacious 2,367 sq ft home offers a comfortable and functional layout ideal for families, or anyone seeking mostly one-level in-town living in a private setting. The main floor features a bright and sunny kitchen, living room with vaulted ceiling and

    Lori Schulze Keller Williams Classic Realty NW - Ely

    11 E Ahola Rd, Ely, MN 55731
  • /17

    $44,900

    • Land
    • 1.94 Acres
    • $23,144 per Acre

    TBD Black Bear Trail, Ely, MN 55731

    Wooded 1.94 acre parcel with deeded access to Farm Lake is the ideal setting for putting down roots, whether its a country cabin or simply for camping. Mixture of aspen & mature pine. Good cell service, phone & power are available. Located 6 miles from Ely, very close access to Farm Lake & the BWCA.

    Don Stocks Wildwoods Land Company

    TBD Black Bear Trail, Ely, MN 55731
  • /28

    $339,000

    • 3 Beds
    • 1 Bath
    • 660 Sq Ft

    Unit 8 Kelly Trail, Ely, MN 55731

    Experience the magic for yourself. Wake up in your 2BR cabin to the soothing sounds of the river rapids just outside your living room. And your own access to Birch Lake, with the private boat launch merely steps away. Fish, canoe, or paddle in the tranquil cove just steps away from your door. An open-concept design, this quaint cabin features a snug gas fireplace to keep it warm and welcoming no

    Andrea Zupancich z' Up North Realty

    Unit 8 Kelly Trail, Ely, MN 55731
  • /6

    $945,000

    • Land
    • 5 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
  • /44

    $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
  • /9

    $295,000

    • Land
    • 2.50 Acres
    • $118,000 per Acre

    xxx Burntside Lake Island Unit Cousins Island Lot 2, Ely, MN 55731

    Experience the serene beauty of Burntside Lake with this exceptional 2.5-acre lot located on a quiet, wooded island just a short boat ride from the mainland. With approximately 295 feet of private shoreline, this property offers the perfect balance of seclusion and accessibility — a peaceful retreat surrounded by clear waters, granite outcroppings, and old-growth pines. Mature trees and natural

    Lori Schulze Keller Williams Classic Realty NW - Ely

    xxx Burntside Lake Island Unit Cousins Island Lot 2, Ely, MN 55731
  • /9

    $295,000

    • Land
    • 2.50 Acres
    • $118,000 per Acre

    xxx Burntside Lake Island Unit Cousins Island Lot 1, Ely, MN 55731

    Escape to your private island paradise on the crystal-clear waters of Burntside Lake, one of northern Minnesota’s most sought-after destinations. This rare 2.5-acre island lot features approximately 700 feet of pristine, natural shoreline, offering breathtaking panoramic views, excellent privacy, and endless recreational possibilities. Towering pines and mature forest provide a classic Northwoods

    Lori Schulze Keller Williams Classic Realty NW - Ely

    xxx Burntside Lake Island Unit Cousins Island Lot 1, Ely, MN 55731
  • /19

    $239,500

    • 2 Beds
    • 1 Bath
    • 614 Sq Ft

    13408 Black Bear Trail, Ely, MN 55731

    Nestled in the heart of nature, this charming seasonal cabin offers the perfect getaway near the White Iron Chain of Lakes. Sitting on 2.11 acres, this 2-bedroom, 1-bath retreat provides privacy and tranquility, surrounded by everything nature has to offer. Enjoy cozy evenings in the screened porch, where you can take in the fresh air without the bother of bugs. Whether it's fishing, hiking, or

    Jodi Nyman Z' Up North Realty

    13408 Black Bear Trail, Ely, MN 55731
  • /24

    $339,000

    • 2 Beds
    • 768 Sq Ft

    Unit 8 Kelly Tr, Ely, MN 55731

    Experience the magic for yourself. Wake up in your 2BR cabin to the soothing sounds of the river rapids just outside your living room. And your own access to Birch Lake, with the private boat launch merely steps away. Fish, canoe, or paddle in the tranquil cove just steps away from your door. An open-concept design, this quaint cabin features a snug gas fireplace to keep it warm and welcoming no

    Andrea Zupancich Z' Up North Realty

    Unit 8 Kelly Tr, Ely, MN 55731
  • /50

    $1,975,000

    • 3 Beds
    • 2.5 Baths
    • 4,000 Sq Ft

    693 Kawishiwi Trail, Ely, MN 55731

    Breathtaking panoramic views from this 4000 sq ft architecturally designed log home, situated on 13 acres with 986+/- ft of Farm Lake shoreline. The open living room features huge windows overlooking the lake, vaulted ceilings, wood floor, and a floor to ceiling woodburning flagstone fireplace. The main level primary bedroom ensuite has patio door access to the lakeside deck, bathroom including a

    Trish Bulinski Bear Island Realty LLC

    693 Kawishiwi Trail, Ely, MN 55731
  • /12

    $40,000

    • Land
    • 0.44 Acre
    • $90,909 per Acre

    2224 Spaulding Dr, Ely, MN 55731

    Don't miss out on the opportunity to build your dream home in this idyllic location. Whether you're a homebuyer, nature lover, or Ely resident, this lot offers the perfect backdrop for peaceful living and outdoor adventure. Enjoy the serenity of a rural setting while still benefiting from all the conveniences of city life in Ely. You have the conveniences of city water and sewer, electric,

    Andrea Zupancich Z' Up North Realty

    2224 Spaulding Dr, Ely, MN 55731
  • /35

    $149,000

    • Land
    • 4.15 Acres
    • $35,904 per Acre

    TBD Migisi Rd, Ely, MN 55731

    Lakeshore parcel approx. 12 miles west of Ely on Eagles Nest Lake 2 with approx. 4 acres and 485 feet of shoreline in a quiet bay! Eagles Nest 2 connects with Eagle Nest Lake 1 for a combined acreage of over 700 acres and are both crystal clear lakes with great fishing! The parcel is relatively level with nice tree cover and building sites, and then goes down to the lakeshore where there is a

    Jeff Hway Bear Island Realty LLC

    TBD Migisi Rd, Ely, MN 55731
  • /5

    $232,000

    • 2 Beds
    • 1 Bath
    • 400 Sq Ft

    4996 Big Lake Rd, Ely, MN 55731

    Cabin in the wilderness on Big Lake in Ely. Big Lake Wilderness Retreat CIC. Investment opportunity. This 2 bedroom, 1 bath cabin features an open living, kitchen and dining area with 2 adjacent bedrooms and a bath. Deck overlooking the lake. Big Lake is a recreational development lake, 1900 acres with a maximum depth of 22 ft. Excellent fishing. For your private use and enjoyment and also

    Jan Erchul Ely Realty

    4996 Big Lake Rd, Ely, MN 55731
  • /6

    $232,000

    • 2 Beds
    • 1 Bath
    • 400 Sq Ft

    4994 Big Lake Rd, Ely, MN 55731

    Cabin in the wilderness on Big Lake in Ely. Big Lake Wilderness Retreat CIC. Investment Opportunity. This 2 bedroom, 1 bath cabin features an open living, kitchen and dining area with 2 adjacent bedrooms and a bath. Deck overlooking the lake. Big Lake is a recreational development lake, 1900 acres with a maximum depth of 22 ft. Excellent fishing. For your private use and enjoyment and also

    Janet Erchul Ely Realty

    4994 Big Lake Rd, Ely, MN 55731
  • /38

    $525,000

    • 3 Beds
    • 2 Baths
    • 1,581 Sq Ft

    2263 Longstorff Rd, Ely, MN 55731

    Escape to the tranquility of Ely, MN with this stunning one-level, timber-frame home, nestled on 9.5 acres of pristine, wooded land. Built in 2004, this 3-bedroom, 2-bathroom beauty combines rustic charm with modern comfort. The home’s cedar siding and natural wood accents create a warm, welcoming atmosphere from the moment you arrive. The heart of the home features a vaulted ceiling and gleaming

    Lori Schulze Keller Williams Classic Realty NW - Ely

    2263 Longstorff Rd, Ely, MN 55731
  • /18

    $799,000

    • 3 Beds
    • 2 Baths
    • 1,296 Sq Ft

    2796 Clayton Rd, Ely, MN 55731

    New log home just 15' from the shores of Burntside Lake. This 36' x 36' unfinished log home is designed for 2 bedrooms, 1 bath with an open kitchen, living room, dining room layout. Highlights are the high vaulted ceilings, future wall of windows across the lakeside of the home and the centerpiece of the living area, a spectacular Mike Braun stone fireplace. The home was designed and built with

    Chris Eilrich Wildwoods Land Company

    2796 Clayton Rd, Ely, MN 55731
  • /45

    $255,000

    • 3 Beds
    • 3 Baths
    • 1,975 Sq Ft

    1151 E Camp St, Ely, MN 55731

    Turn-key, beautifully remodeled in-town home in the heart of Ely, MN. This inviting, open concept home features 3 bedrooms, 3 baths (one on each level), large open kitchen with stainless appliances and main floor laundry. The main level features mud rooms at both front and back entries, gorgeous, refinished wood flooring in living and dining rooms, high ceilings with wood beams and ceiling fans

    Kate Davies Bear Island Realty LLC

    1151 E Camp St, Ely, MN 55731
  • /15

    $155,000

    • Land
    • 20 Acres
    • $7,750 per Acre

    1687 Golden Ridge Tr, Ely, MN 55731

    +-20 ACRE PARCEL just 3/4 miles off the Echo Trail with the road in. This parcel has a good mixture of tree cover with White and Norway Pine, Balsam, Cedar, Ash and Aspen. Possible year round access. Already installed is a 3 bedroom septic system and a 325' drilled well. There is a building site for house and garage, power nearby. Excellent property at an affordable price.

    Don Stocks Wildwoods Land Company

    1687 Golden Ridge Tr, Ely, MN 55731
  • /8

    $95,000

    • Land
    • 5 Acres
    • $17,593 per Acre

    xxx Highway 169, Ely, MN 55731

    This large lake lot adjoins Federal Land and it is located in a quiet bay on the southwest corner of Shagawa Lake. The property has +-5.4 acres and +-457' of shoreline along with the mouth of Longstorff Creek a designated trout stream. A driveway meanders through a thick pine forest, down to the lot where a trail then leads you to the building plateau. Perfect location just a few miles from town

    Chris Eilrich Wildwoods Land Company

    xxx Highway 169, Ely, MN 55731
  • /41

    $624,900

    • 4 Beds
    • 2.5 Baths
    • 1,825 Sq Ft

    12957 W Ridge Rd, Ely, MN 55731

    Exquisite Year-Round Log Home Retreat on 4 Wooded Acres. This beautifully maintained log home offers the perfect blend of serenity and convenience. Ideally located near numerous stunning lakes, this property is a gateway to the best of nature and recreation. The main log home features 1–2 bedrooms and 2 full bathrooms. "warm tiles" in both the kitchen and bath to add comfort and charm which are

    Julian Rasmusson Z' Up North Realty

    12957 W Ridge Rd, Ely, MN 55731

Showing Results 1 - 40, Page 1 of 3

Frequently Asked Questions Why Live in Ely

What is the average home price in Ely, MN?
Homes for sale in Ely, MN have an average home price of $425,523.
How many homes have sold over the last 12 months in Ely, MN?
150 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, 55790, 55706, 55732 and 55607.
How much do you need to make to afford a house in Ely?
The median home price in Ely is $279,000. If you put a 20% down payment of $55,800 and had a 30-year fixed mortgage with an interest rate of 6.84%, your estimated principal and interest payment would be $1,460 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $63K a year to afford the median home price in Ely.
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
$239,750
Median Single Family Sale Price
$259,900
Average Price Per Sq Ft
$304
Number of Homes for Sale
41
Last 12 months Home Sales
150
Months of Supply
3.30
Median List Price
$279,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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