10

Ely, MN Homes for Sale under $200,000

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  • /50

    $189,900

    $43K PRICE DROP
    • 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
  • /12

    $200,000

    • Land
    • 3.9 Acres
    • $51,282 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
  • /28

    $179,900

    $5K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,450 Sq Ft

    954 E Camp St, Ely, MN 55731

    Check out this spacious 3+ bedroom, 2-bath home just minutes from downtown Ely. With a generously sized yard perfect for gardening, play, or relaxing evenings, and a two-stall garage offering ample storage, this property combines convenience with functionality. Inside, you'll find a simple layout with room to personalize. It features a huge Primary bedroom with large bathroom, and a 15x14 room

    Jodi Nyman z' Up North Realty

    954 E Camp St, Ely, MN 55731
  • /30

    $185,000

    $15K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,373 Sq Ft

    1530 N 20th Ave E, Ely, MN 55731

    Rustic Charm Meets Opportunity on 10 (yes, ten!) City Lots Explore this rare find nestled between Miners Lake and Shagawa Lake—a vintage 2+ Bedroom, 1 Bath home brimming with character, ripe for renovation. The sprawling property spans 10 city lots, offering flexibility for gardens, RV storage, potential expansion—or just a generous buffer from neighbors. This home is located on a corner lot on a

    Debbie Decker Keller Williams Classic Rlty NW

    1530 N 20th Ave E, Ely, MN 55731
  • /42

    $184,900

    • Land
    • 21,344 Sq Ft
    • $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 property is truly

    Gabriel Werra Timber Ghost Realty, LLC

    Unit 1 N Kelly Trail, Ely, MN 55731
  • /6

    $200,000

    $19K PRICE DROP
    • 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. This 2 bedroom, 1 bath cabin features an open living, kitchen and dining area with 2 adjacent bedrooms and a 3⁄4 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 allows for rentals.

    Jan Erchul Ely Realty

    4994 Big Lake Rd, Ely, MN 55731
  • /24

    $146,500

    $2K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,280 Sq Ft

    277 N 5th Ave E, Ely, MN 55731

    Charming home close to ALL the things Ely has to offer. This warm and welcoming 2-bedroom, 1-bath home offers comfort, and convenience. Step inside to a bright, cozy living space featuring a newer woodburning stove—perfect for those chilly Minnesota evenings or to heat the house all winter long! The home is located near Ely’s school, and just minutes from local restaurants, downtown shops, and

    Jodi Nyman z' Up North Realty

    277 N 5th Ave E, Ely, MN 55731
  • /50

    $185,000

    • 4 Beds
    • 1 Bath
    • 1,456 Sq Ft

    628 E Sheridan St, Ely, MN 55731

    This exceptionally located four-bedroom home sits directly adjacent to Ely’s Whiteside Park and just two blocks from the Ely schools. The spacious main level features a charming front porch with wall-to-wall windows, a large living room with French doors opening to a traditional dining room, and a generous kitchen with direct access to the backyard. Upstairs, you’ll find four nicely sized

    Kate Davies Bear Island Realty LLC

    628 E Sheridan 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
  • /40

    $149,200

    • 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

Home Trends in Ely, MN

Housing Trends

Median Sale Price
$194,500
Median Single Family Sale Price
$198,000
Average Price Per Sq Ft
$165
Number of Homes for Sale
12
Last 12 months Home Sales
62
Months of Supply
2.30
Median List Price
$198,750
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%
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