25

Ely Homes for Sale

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  • /45

    $233,000

    • 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
  • /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
  • /42

    $179,000

    • 2 Beds
    • 1.5 Baths
    • 1,012 Sq Ft

    1229 E Sheridan St, Ely, MN 55731

    The Blue Moose is an updated 2 Bedroom, 1 Bath home. Charming, well maintained, and located on Sheridan Street; Ely's main street. A Turnkey, licensed short term Airbnb rental, with growing and successful rental history. The home has generous front & back entries, wood accents, tin ceilings, laminate and wood flooring.New(er) items include: shingles on house and garage, painted garage, all

    Trish Bulinski Bear Island Realty LLC

    1229 E Sheridan St, Ely, MN 55731
  • /45

    $217,000

    • 3 Beds
    • 1 Bath
    • 1,186 Sq Ft

    124 S 14th Ave E, Ely, MN 55731

    Meticulously maintained one family owned Ranch style home with 3 Bedrooms and a full bathroom on the main level. The home faces west, with the living room looking that direction through large beautiful windows and carpeted floor, all three bedrooms have oak floors, currently one carpeted over the wood. (The wood condition underneath is unknown.) In addition there is a full bathroom with tub and

    Trish Bulinski Bear Island Realty LLC

    124 S 14th Ave E, Ely, MN 55731
  • /64

    $199,000

    • 3 Beds
    • 2 Baths
    • 2,000 Sq Ft

    647 E Boundary St, Ely, MN 55731

    Meticulously maintained Ranch style home with 3 bedrooms and a full bath all on the main floor. Located on an attractive, oversized lot in Ely, this lovely home features several core updates including steel siding, seamless gutters, new efficient forced air furnace w/ central air, new hot water heater, updated electrical, updated windows, and much more! On the main floor you will find 3

    Kate Davies Bear Island Realty LLC

    647 E Boundary St, Ely, MN 55731
  • /50

    $233,000

    • 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
  • /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

    $244,900

    • 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.

    Julian Rasmusson Z'Up North Realty, Inc.

    638 E James St, Ely, MN 55731
  • /4

    $48,500

    • Land
    • 8 Acres
    • $5,706 per Acre

    TBD Minnesota 169, Ely, MN 55731

    Discover the perfect Northwoods parcel with this 8.5-acre wooded property located just outside of Ely along Highway 169. Offering both convenience and privacy, the land adjoins federal land to the north, creating a natural buffer and direct access to public lands for endless outdoor recreation. The Mesabi Bike Trail runs along the northern edge of the property, providing a unique opportunity to

    Lori Schulze Keller Williams Classic Realty NW - Ely

    TBD Minnesota 169, Ely, MN 55731
  • /21

    $99,997

    • 2 Beds
    • 0.5 Baths
    • 1,329 Sq Ft

    123 W Chapman St, Ely, MN 55731

    Tons of potential with this charming 2-bedrooms, 1-bath home in the heart of Ely. Yes, it needs a little TLC, but it could be the perfect starter home or investment property. While there’s no garage, you’ll appreciate the spacious 20x15 shed with a metal roof, plus an additional 10x10 metal shed for extra storage. Conveniently located near downtown shopping, the hospital, and the library.

    Julian Rasmusson Z' Up North Realty

    123 W Chapman St, Ely, MN 55731
  • /34

    $159,000

    • 1 Bed
    • 1 Bath
    • 852 Sq Ft

    42 W Shagawa Rd, Ely, MN 55731

    Charming 1 Bedroom Home with 2 Stall Garage on Dead End Road. Discover this delightful 1 bedroom, 1 bath home nestled in a peaceful neighborhood at the end of a quiet street. Perfect for those seeking a low-maintenance lifestyle, this cozy home offers comfort, privacy, and natural beauty. The property features a 2 stall garage- ideal for parking, storage, or a workshop. Outside you'll find a

    Misty Merhar Z' Up North Realty

    42 W Shagawa Rd, Ely, MN 55731
  • /31

    $950,000

    • 3 Beds
    • 3 Baths
    • 2,187 Sq Ft

    105 N Klondike Dr, Ely, MN 55731

    Exquisite Shagawa Lake Custom Built Home - Beautiful, 2187 sq ft home has 480 ft of shoreline and mature tree cover. Built with Structural Insulated Panels in 2008 in a great location offering privacy. The home features an open floor plan with floor to ceiling windows in the living area, ceramic tile throughout the main floor and beautiful tongue & groove wood walls throughout. The floor plan

    Jan Erchul Ely Realty

    105 N Klondike Dr, Ely, MN 55731
  • /40

    $950,000

    • 3 Beds
    • 2.5 Baths
    • 2,187 Sq Ft

    105 N Klondike Dr Unit 121 N Klondike Dr, Ely, MN 55731

    Exquisite Shagawa Lake Custom Built Home - Beautiful, 2187 sq ft home has 480 ft of shoreline and mature tree cover. Built with Structural Insulated Panels in 2008 in a great location offering privacy. The home features an open floor plan with floor to ceiling windows in the living area, ceramic tile throughout the main floor and beautiful tongue & groove wood walls throughout. The floor plan

    Janet Erchul Ely Realty

    105 N Klondike Dr Unit 121 N Klondike Dr, Ely, MN 55731
  • /17

    $299,000

    • Land
    • 6 Acres
    • $48,226 per Acre

    3732 Minnesota 169, Ely, MN 55731

    Enjoy over 6 acres of pristine land on beautiful Armstrong Lake, featuring 230 feet of private shoreline. A cleared building site sits elevated from the lake, offering stunning views and added privacy, with a well-maintained trail leading directly to the water’s edge. The building site is ready to go — complete with a 3-bedroom septic system, a well, electricity, a Menards canopy storage

    Julian Rasmusson Z' Up North Realty

    3732 Minnesota 169, Ely, MN 55731
  • /29

    $160,000

    • 2 Beds
    • 2.5 Baths
    • 648 Sq Ft

    840 E Chapman St, Ely, MN 55731

    This 2+ BR, 2 full BA home two story lot sits on TWO city lots and is packed with character and options! Located right in the heart of Ely, you're just a quick stroll to the Whiteside Park, school, ice arena, downtown shops, baseball and Little League fields—all the things that make this town so special. Step inside to find classic charm with hardwood floors, clawfoot tubs, and unique in-tandem

    Andrea Zupancich Z'Up North Realty, Inc.

    840 E Chapman St, 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

    $129,000

    • 2 Beds
    • 2 Baths
    • 1,332 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
  • /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
  • /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

    Lori Schulze Keller Williams Classic Realty NW - Ely

    2128 and 2136 Sibley Ct, Ely, MN 55731
  • /35

    $45,000

    • Land
    • 0.56 Acre
    • $80,357 per Acre

    TBD Hill Top Rd, Ely, MN 55731

    Amazing elevated panaramic views of the City, Shagawa, and Miners Lake. .56 acres of mixed tree cover, improvements include a new driveway and building site preparation. Due to the challenges of bringing city sewer and water to the location, a buyer likely will hold onto the property for future development. Once the time is right for neighboring lots including the bordering City of Ely

    Trish Bulinski Bear Island Realty LLC

    TBD Hill Top Rd, Ely, MN 55731
  • /40

    $168,500

    • 4 Beds
    • 3 Baths
    • 2,640 Sq Ft

    324 S 4th Ave E, Ely, MN 55731

    Incredible investment opportunity by unlocking this historic 2.75 story home’s potential! Much of original character is retained - 26 ft covered front porch, 9 ft ceilings, large windows, original interior doors & woodwork, hardwood floors & some vintage fixtures. Third level attic offers even more potential living space with 7’ ceilings in 3 large rooms! Updates include roof, siding, main level

    Wendy Johnson Keller Williams Classic Realty NW - Ely

    324 S 4th Ave E, 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

    Lori Schulze Keller Williams Classic Realty NW - Ely

    TBDx Grant McMahan Blvd, Ely, MN 55731
  • /36

    $168,500

    • 4 Beds
    • 3 Baths
    • 2,640 Sq Ft

    324 S 4th Ave E, Ely, MN 55731

    Incredible investment opportunity by unlocking this historic 2.75 story home’s potential! Much of original character is retained - 26 ft covered front porch, 9 ft ceilings, large windows, original wood interior doors & woodwork, hardwood floors & some vintage fixtures. Third level attic offers even more potential living space with 7’ ceilings in 3 large rooms! Updates include roof, siding, main

    Wendy Johnson Keller Williams Classic Realty Northwest

    324 S 4th Ave E, 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.

    Lori Schulze Keller Williams Classic Realty NW - Ely

    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.

    Lori Schulze Keller Williams Classic Realty NW - Ely

    2128 Sibley Ct, Ely, MN 55731

Frequently Asked Questions Why Live in Ely

Is Ely a good place to live?
Ely is a good place to live. Ely is considered somewhat walkable and bikeable. Ely has 2 parks for recreational activities. It has a median age of 45. The average household income is $67,777 which is below the national average. College graduates make up 28% of residents. A majority of residents in Ely are home owners, with 35.3% of residents renting and 64.7% of residents owning their home. A local real estate agent serving Ely can help you decide if this neighborhood is the right one for you. Learn more on our Ely neighborhood guide.
How much do you need to make to afford a house in Ely?
The median home price in Ely is $190,000. If you put a 20% down payment of $38,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $42K a year to afford the median home price in Ely. The average household income in Ely is $68K.
What are the best public schools in Ely?
The best public schools that serve Ely are:
What are the most popular zip codes in Ely, Ely, MN?
The most popular zip codes in Ely, Ely, MN include 55731, 55607, 55706, 55732 and 55790.
What are the most popular neighborhoods near Ely, Ely, MN?
The most popular neighborhood near Ely, Ely, MN is Soudan.

Home Trends in Ely, MN

Housing Trends

Median Sale Price
$190,000
Median Single Family Sale Price
$190,000
Average Price Per Sq Ft
$150
Number of Homes for Sale
13
Last 12 months Home Sales
76
Months of Supply
2.10
Median List Price
$190,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
19%
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